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Danvers 01923
26 Cabot Rd
$432,000
● House - Off Market

26 Cabot Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,380 Ft²
$619,891
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Here is the opportunity to own a 3-4 bedroom ranch-style home featuring the ease of single level living. Highlights include a large, sun filled fireplaced family room with new sliders overlooking an expansive, level yard that is perfect for outdoor activities or simple leisure. The yard also has a storage shed for lawn furniture, gardening tools, and more. Updates include new HVAC in 2015, roof and all the trim in PVC 2015, and a new 200 amp service. Conveniently located in close proximity to all major highways, public and private schools, medical centers, shopping, restaurants, hiking, biking, boating and so much more. Make this home YOUR new place to call home!
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$301
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1960

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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 #72283285)

Price History

Date / Event Date Event Price
Apr 24, 2018 Sold
Premium
Sold
Feb 19, 2018 Listed by Cameron Real Estate Group $414,900
Listed by Cameron Real Estate Group
Sep 28, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 17,141
  • Total Building Area: 2,624
  • Gross Building Area: 3,064
  • Building Area: 2,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,624
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE DANVERS SEC A
  • Land Acres: 0000000394
  • 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: 211300

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:035 L:259 P:
  • Lot: 259
  • Municipality: DANVERS
  • Latitude: 42.5758
  • Longitude: -70.9336

    Address

  • Full Address: 26 Cabot Rd
  • Address - House Number: 26
  • Address - Street Name: Cabot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2338
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $789,800

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 794,922
  • High Value: 920,483
  • Low Value: 669,360

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $710,900
  • Assessed Land Value: $372,500
  • Assessed Improvements Value: $338,400

    Sales

  • Current Sale Recording Date: Apr 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180424001390
  • Previous Sale Recording Date: Sep 28, 1987
  • Previous Sale Amount: $170,000
  • Previous 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 years

Currently For Sale

38 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# 72283285

Frequently Asked Questions

When was property at 26 Cabot Road built and last sold?
The property at 26 Cabot Road was built in 1960 and last sold on Jan 1, 1970 for $432,000.
How much is this home worth?
The estimated value of the home located at 26 Cabot Road is $426,081.
What are some comparable homes to 26 Cabot Road?
There are currently no comparable homes to 26 Cabot Road.
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