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Danvers 01923
27 Bayview Ave
$337,000
● House - Off Market

27 Bayview Ave

Danvers, MA 01915
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,894 Ft²
$501,977
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Welcome to this 1920 concrete block Victorian style home. Great house on corner lot located on quiet side street close to parks and downtown. This home offers 3 bedrooms on 2nd floor and an additional 2 bedrooms in walk-up attic perfect for teen suite! Kitchen is only 5 years old featuring maple cabinetry, wainscoting stainless steel double oven and gas range. Minutes to routes 128 & 1 this is the perfect house to call home!
Unit Size
1,894 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$178
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1920

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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 #72385872)

Price History

Date / Event Date Event Price
Nov 13, 2018 Sold
Premium
Sold
Aug 29, 2018 Listed by LAER Realty Partners $337,500
Listed by LAER Realty Partners
Dec 12, 2014 Sold
Premium
Sold
May 31, 2014 Listed by LAER Realty Partners $299,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 12
  • 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: 758
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,876
  • Total Building Area: 1,894
  • Gross Building Area: 3,117
  • Building Area: 1,894
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,894
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • 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: 211201

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:052 L:177 P:
  • Lot: 177
  • Municipality: DANVERS
  • Latitude: 42.5632
  • Longitude: -70.9299

    Address

  • Full Address: 27 Bayview Ave
  • Address - House Number: 27
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C022
  • 4-Digit Zip Code: 3211
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $617,200

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 656,924
  • High Value: 772,062
  • Low Value: 541,786

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $555,500
  • Assessed Land Value: $318,700
  • Assessed Improvements Value: $236,800

    Sales

  • Current Sale Recording Date: Nov 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181113000150
  • Previous Sale Recording Date: Dec 12, 2014
  • Previous Sale Amount: $304,000
  • Previous Sale Document Type: O
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

2275 ft²

Average Home Age

82.8 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# 72385872

Frequently Asked Questions

When was property at 27 Bay View Avenue built and last sold?
The property at 27 Bay View Avenue was built in 1920 and last sold on Jan 1, 1970 for $337,000.
How much is this home worth?
The estimated value of the home located at 27 Bay View Avenue is $340,999.
What are some comparable homes to 27 Bay View Avenue?
There are currently no comparable homes to 27 Bay View Avenue.
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