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Danvers 01923
27 Mohawk St
$653,000
● House - Off Market

27 Mohawk St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,618 Ft²
$876,049
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Come home to this lovely spacious split-entry house located in desirable Smith School / Prep neighborhood.  Home features two kitchens, 4 bedrooms, 2 full and 1 half bath, Large level lot with private back yard, Separate addition used as home office.  Buyer is responsible for verifying all information contained in this listing.  Gloves and Mask are required for showing.
Unit Size
2,618 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$256
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1968

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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 #72676764)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Jun 18, 2020 Listed by Pro Venture Real Estate $670,000
Listed by Pro Venture Real Estate
Sep 24, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,300
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,239
  • Total Building Area: 2,374
  • Gross Building Area: 3,366
  • Building Area: 2,374
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,374
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROGERS ESTATE DANVERS
  • Land Acres: 0000000419
  • 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: R3

Geography

  • Parcel: DANV M:014 L:111 P:
  • Lot: 111
  • Municipality: DANVERS
  • Latitude: 42.5895
  • Longitude: -70.9458

    Address

  • Full Address: 27 Mohawk St
  • Address - House Number: 27
  • Address - Street Name: Mohawk
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1110
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $837,400
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1471
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 848,614
  • High Value: 973,502
  • Low Value: 723,725

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $753,700
  • Assessed Land Value: $390,500
  • Assessed Improvements Value: $363,200

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200918007570
  • Previous Sale Recording Date: Sep 24, 1998
  • Previous Sale Amount: $277,500
  • 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:

$699,000

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72676764

Frequently Asked Questions

When was property at 27 Mohawk Street built and last sold?
The property at 27 Mohawk Street was built in 1968 and last sold on Sep 15, 2020 for $653,000.
How much is this home worth?
The estimated value of the home located at 27 Mohawk Street is $689,481.
What are some comparable homes to 27 Mohawk Street?
There are currently no comparable homes to 27 Mohawk Street.
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