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Danvers 01923
25 Mill Street
Photo of 25 Mill Street
Sold on Jan 11, 2005

1

Map

$380,000
● House - Off Market

25 Mill Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,856 Ft²
$704,381
RealtyHop Estimate
83.19%
Since Feb 1, 2005
MA-Boston
Primary Model

About This Property

Beautiful condition, open living room and kitchen,hardwood floors, living room, kitchen & hall, master suite with walk-in closet and full bath.  Lower level family room, den or play area, great fenced rear yard with patio, boardwalk and storage shed.  Near beaches, marina & Rte. 128. No showings until Open House, Sunday, Oct. 17, 12:00-2:00.  No showings until after 11:00 A.M.
Unit Size
1,856 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$207
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1978

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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 #70101578)

Price History

Date / Event Date Event Price
Jul 27, 2009 Sold
Premium
Sold
May 24, 2009 Listed $329,000
Listed
Jan 11, 2005 Sold
Premium
Sold
Oct 6, 2004 Listed $384,500
Listed
Jun 30, 2003 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,395
  • Total Building Area: 1,856
  • Gross Building Area: 2,375
  • Building Area: 1,856
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,856
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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: R1

Geography

  • Parcel: DANV M:059 L:196A P:
  • Lot: 196A
  • Municipality: DANVERS
  • Latitude: 42.5546
  • Longitude: -70.9225

    Address

  • Full Address: 25 Mill St
  • Address - House Number: 25
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C008
  • 4-Digit Zip Code: 3327
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $623,700

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 673,580
  • High Value: 787,531
  • Low Value: 559,629

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,400
  • Assessed Land Value: $303,700
  • Assessed Improvements Value: $257,700

    Sales

  • Current Sale Recording Date: Jul 27, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 501255
  • Previous Sale Recording Date: Jan 11, 2005
  • Previous Sale Amount: $380,000
  • 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:

$699,000

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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70101578

Frequently Asked Questions

When was property at 25 Mill Street built and last sold?
The property at 25 Mill Street was built in 1978 and last sold on Jan 1, 1970 for $313,000.
How much is this home worth?
The estimated value of the home located at 25 Mill Street is $355,364.
What are some comparable homes to 25 Mill Street?
There are currently no comparable homes to 25 Mill Street.
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