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Danvers 01923
Lot A, 256 Andover Street
$100,000
● Land - Off Market

Lot A, 256 Andover Street

Danvers, MA 01923
bedrooms
Studio
bathrooms
0 Bath
$351,483
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Country lot convenient to highways.  Nestle your home among the trees.  Town sewer and water available.  Almost an acre 42,846 sq. ft.  Being portion of recorded Plan 509 of 1969.  New plan to be approved by town as Form A lot prior to transfer.  Real estate taxes to be adjusted at transfer.  Frontage 170 ft., depth average +- 250 ft., wetland 7.5%+- of lot, upland 92.5%+- of lot.
Unit Size
-
Days on Market
-
Land Size
0.98 acres
Price per sqft
-
Property Type
Land
Property Taxes
$276
HOA Dues
-
Year Built
2016

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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 #70988408)

Price History

Date / Event Date Event Price
Aug 26, 2011 Sold
Premium
Sold
Oct 12, 2009 Listed by Ralph Leonard Associates $169,500
Listed by Ralph Leonard Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 14
  • Building Style: 0
  • Exterior Walls Type: 10
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • 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: 230,371
  • Total Building Area: 44,000
  • Gross Building Area: 66,360
  • Building Area: 44,000
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 66,000
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: E
  • Subdivision: LOUISE M APRIL
  • Land Acres: 0000005289
  • Standard Land Use Code: 9101
  • County Land Use Code: 960

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:047 L:021 P:
  • Lot: 21
  • Municipality: DANVERS
  • Latitude: 42.5638
  • Longitude: -70.9807

    Address

  • Full Address: 256 Andover St
  • Address - House Number: 256
  • Address - Street Name: Andover
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C037
  • 4-Digit Zip Code: 1359
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2023

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $5,034,700
  • Assessed Land Value: $408,500
  • Assessed Improvements Value: $4,626,200

    Sales

  • Current Sale Recording Date: Aug 26, 2011
  • Current Sale Price:
    Premium
  • Current 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70988408

Frequently Asked Questions

When was property at 256 Andover Street built and last sold?
The property at 256 Andover Street was built in 2016 and last sold on Jan 1, 1970 for $275,000.
How much is this home worth?
The estimated value of the home located at 256 Andover Street is $171,195.
What are some comparable homes to 256 Andover Street?
There are currently no comparable homes to 256 Andover Street.
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