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Danvers 01923
24 Cabot Rd
Photo of 24 Cabot Rd
Sold on Sep 2, 2010

1

Map

$419,000
● House - Off Market

24 Cabot Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,528 Ft²
$931,368
RealtyHop Estimate
107.43%
Since Oct 1, 2010
MA-Boston
Primary Model

About This Property

Sun-filled home in desirable Woodvale. 5 year young 2nd floor addition has master suite with deck & his/hers walk in closets, 3 generous bedrooms, laundry, full bath & 2 story stairway.  1st floor features living room with sliders to patio & yard; open concept kitchen & dining room & full bath; front to back playroom could be 1st floor bedroom or home office. Large fenced back yard features an above ground pool, 20x12 shed & plenty of play area.  2005 upgrades to heat, hot water, insulation.
Unit Size
2,528 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$178
Property Type
House
Property Taxes
$411
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MLSPIN #71100055)

Price History

Date / Event Date Event Price
Sep 2, 2010 Sold
Premium
Sold
Jun 18, 2010 Listed by Coldwell Banker Residential Brokerage - Beverly $449,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Sep 28, 2000 Sold
Premium
Sold
Jun 26, 2000 Listed by Coldwell Banker Residential Brokerage - Beverly $199,900
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,952
  • Total Building Area: 2,578
  • Gross Building Area: 3,196
  • Building Area: 2,578
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,578
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE
  • Land Acres: 0000000366
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211300

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:035 L:260 P:
  • Lot: 260
  • Municipality: DANVERS
  • Latitude: 42.5753
  • Longitude: -70.9337

    Address

  • Full Address: 24 Cabot Rd
  • Address - House Number: 24
  • Address - Street Name: Cabot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2402
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $790,300

    Appraisal Valuation

  • Standard Deviation: 0.2028
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 800,390
  • High Value: 926,815
  • Low Value: 673,965

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $711,300
  • Assessed Land Value: $367,500
  • Assessed Improvements Value: $343,800

    Sales

  • Current Sale Recording Date: Sep 02, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 28, 2000
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Danvers

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71100055

Frequently Asked Questions

When was property at 24 Cabot Road built and last sold?
The property at 24 Cabot Road was built in 1958 and last sold on Jan 1, 1970 for $419,000.
How much is this home worth?
The estimated value of the home located at 24 Cabot Road is $474,958.
What are some comparable homes to 24 Cabot Road?
There are currently no comparable homes to 24 Cabot Road.
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