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Danvers 01923
24 Whipple Street
$472,000
● House - Off Market

24 Whipple Street

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,800 Ft²
$1,075,362
RealtyHop Estimate
119.51%
Since Sep 1, 2002
MA-Boston
Primary Model

About This Property

NEW SECOND STORY FEATURES CATHEDRAL CEILING MASTER BEDRM WITH BALCONY, FULL BATH WITH JACUZZI, WALK-IN CLOSET, SECOND FLOOR LAUNDRY ROOM. NEW SIDING, WINDOWS, DOORS, FULLY APPLIANCED (STAINLESS STEEL) KITCHEN WITH GRANITE COUNTERS.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$175
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (MLSPIN #30604357)

Price History

Date / Event Date Event Price
Aug 29, 2002 Sold
Premium
Sold
May 6, 2002 Listed by Carlson GMAC Real Estate $489,900
Listed by Carlson GMAC Real Estate
Jul 25, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,696
  • Total Building Area: 2,922
  • Gross Building Area: 4,034
  • Building Area: 2,922
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,922
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAIN PLACE
  • Land Acres: 0000001600
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:034 L:046 P:
  • Lot: 46
  • Municipality: DANVERS
  • Latitude: 42.571
  • Longitude: -70.9525

    Address

  • Full Address: 24 Whipple St
  • Address - House Number: 24
  • Address - Street Name: Whipple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1826
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $784,900

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 880,965
  • High Value: 1,015,878
  • Low Value: 746,052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $706,500
  • Assessed Land Value: $406,500
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Recording Date: Aug 29, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 72166
  • Previous Sale Recording Date: Jul 25, 2000
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 48
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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 years

Currently For Sale

38 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 30604357

Frequently Asked Questions

When was property at 24 Whipple Street built and last sold?
The property at 24 Whipple Street was built in 1955 and last sold on Jan 1, 1970 for $472,000.
How much is this home worth?
The estimated value of the home located at 24 Whipple Street is $493,448.
What are some comparable homes to 24 Whipple Street?
There are currently no comparable homes to 24 Whipple Street.
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