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Danvers 01923
25 Garfield Avenue
$565,000
● House - Off Market

25 Garfield Avenue

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,252,988
RealtyHop Estimate
109.18%
Since Dec 1, 2008
MA-Boston
Primary Model

About This Property

Garfield Estates! Beautiful new home ready for your touch of style. This appealing Colonial features a fabulous gas fireplaced family room, Schrock cabinet/granite kitchen with sliders to deck, formal dining room, living room with French doors. 2nd floor boasts master suite with master bath and walk-in closet. Farmers porch, cedar shake siding, professionally landscaped, Walk-up attic and full height basement both offer excellent expansion opportunities.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$250
Property Type
House
Property Taxes
$417
HOA Dues
-
Year Built
2007

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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 years ago (MLSPIN #70638455)

Price History

Date / Event Date Event Price
Sep 2, 2014 Sold
Premium
Sold
Nov 7, 2008 Sold
Premium
Sold
Aug 20, 2007 Listed by BLC Real Estate, LLC $599,000
Listed by BLC Real Estate, LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,416
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,103
  • Total Building Area: 2,312
  • Gross Building Area: 5,048
  • Building Area: 2,312
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,312
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLTOP ESTATES
  • Land Acres: 0000000462
  • 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: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:053 L:246 P:
  • Lot: 246
  • Municipality: DANVERS
  • Latitude: 42.562
  • Longitude: -70.9114

    Address

  • Full Address: 25 Garfield Ave
  • Address - House Number: 25
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3407
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,082,800

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 964,144
  • High Value: 1,127,787
  • Low Value: 800,502

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $974,600
  • Assessed Land Value: $418,600
  • Assessed Improvements Value: $556,000

    Sales

  • Current Sale Recording Date: Sep 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90200359
  • Previous Sale Recording Date: Nov 07, 2008
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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: 4 years ago
Data Source: MLS PIN, MLS# 70638455

Frequently Asked Questions

When was property at 25 Garfield Avenue built and last sold?
The property at 25 Garfield Avenue was built in 2007 and last sold on Jan 1, 1970 for $615,000.
How much is this home worth?
The estimated value of the home located at 25 Garfield Avenue is $0.
What are some comparable homes to 25 Garfield Avenue?
There are currently no comparable homes to 25 Garfield Avenue.
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