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Danvers 01923
25 Central Ave
$454,000
● House - Off Market

25 Central Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,371 Ft²
$654,465
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

Move right into this completely renovated beautiful colonial in a highly desirable North Shore community. It is conveniently located on a quiet side street,  one block from the center and easy access to major highways (Route 1, 95 and 128). First floor consists of a spacious brand new kitchen with beautiful white cabinets, granite counter-top, stainless steel appliances, recess lights, crystal pendulum lights; a spacious formal dining room and a spacious living room, all with lots of natural lights. Upstairs has three bedrooms and one brand new full bath with double closets. Brand new windows, gleaming hard wood floor, brand new  driveway, brand new garage door with automatic opener and brand new garage roof, brand new front porch and much more. Do not miss it!
Unit Size
1,371 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$339
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1919

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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: 4 months ago (MLSPIN #72563445)

Price History

Date / Event Date Event Price
Feb 4, 2020 Sold
Premium
Sold
Sep 11, 2019 Listed by Boston Times Realty $464,800
Listed by Boston Times Realty
Jul 1, 2019 Sold
Premium
Sold
Jun 4, 2019 Listed by Boston Times Realty $299,900
Listed by Boston Times Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 723
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,251
  • Total Building Area: 1,371
  • Gross Building Area: 2,271
  • Building Area: 1,371
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,371
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000098
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:043 L:233 P:
  • Lot: 233
  • Municipality: DANVERS
  • Latitude: 42.5674
  • Longitude: -70.9333

    Address

  • Full Address: 25 Central Ave
  • Address - House Number: 25
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C036
  • 4-Digit Zip Code: 2907
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,700

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 645,414
  • High Value: 755,427
  • Low Value: 535,401

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $530,800
  • Assessed Land Value: $311,900
  • Assessed Improvements Value: $218,900

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200204003260
  • Previous Sale Recording Date: Jul 01, 2019
  • Previous Sale Contract Date: Jul 01, 2019
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: O
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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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: 4 months ago
Data Source: MLS PIN, MLS# 72563445

Frequently Asked Questions

When was property at 25 Central Avenue built and last sold?
The property at 25 Central Avenue was built in 1919 and last sold on Jan 29, 2020 for $454,000.
How much is this home worth?
The estimated value of the home located at 25 Central Avenue is $467,466.
What are some comparable homes to 25 Central Avenue?
There are currently no comparable homes to 25 Central Avenue.
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