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Danvers 01923
257 Maple St
$610,000
● House - Off Market

257 Maple St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,068 Ft²
$580,942
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Charming Cape style home, 4 Bedroom, 2 Bathroom with a walkout lower level including full bathroom and fireplace. Owner had planned to create a space for multi generational living, drawings will be available.  Main level is wating for your decorating ideas with hardwood throughout. Living room and dining room combination creates a great space for gathering and entertaining. Updated roof, siding, heating system and 3 AC mini splits and composite fencing surround a private exspansive backyard. Minutes to the downtown center and quick access to all the major commuter routes.
Unit Size
2,068 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$280
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
1954

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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 #73117050)

Price History

Date / Event Date Event Price
Jun 20, 2023 Sold
Premium
Sold
Jun 8, 2023 In contract -
In contract
May 30, 2023 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $579,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,999
  • Total Building Area: 1,592
  • Gross Building Area: 2,852
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000413
  • 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:020 P:
  • Lot: 20
  • Municipality: DANVERS
  • Latitude: 42.5734
  • Longitude: -70.9532

    Address

  • Full Address: 257 Maple St
  • Address - House Number: 257
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C029
  • 4-Digit Zip Code: 1562
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $656,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1766
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 682,869
  • High Value: 803,612
  • Low Value: 562,126

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $590,700
  • Assessed Land Value: $349,800
  • Assessed Improvements Value: $240,900

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jun 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230620004390
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

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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# 73117050

Frequently Asked Questions

When was property at 257 Maple Street built and last sold?
The property at 257 Maple Street was built in 1954 and last sold on Jun 14, 2023 for $610,000.
How much is this home worth?
The estimated value of the home located at 257 Maple Street is $596,334.
What are some comparable homes to 257 Maple Street?
There are currently no comparable homes to 257 Maple Street.
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