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Danvers 01923
28 River Street
$335,000
● House - Off Market

28 River Street

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,691 Ft²
$665,358
RealtyHop Estimate
104.73%
Since Sep 1, 2003
MA-Boston
Primary Model

About This Property

WALK TO BEACH, CHARMING FULLY DORMERED CAPE W/ UPDATED OAK KITCHEN, FRONT TO BACK LIVING ROOM/DINING ROOM COMBO. 1ST LVL FAMILY ROOM, 2 SPACIOUS BDRMS., 2 FULL BATHS W/ JACUZZI. H/W FLOORS, FENCED IN YARD & GARAGE.
Unit Size
1,691 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$192
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
1950

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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 years ago (MLSPIN #30741685)

Price History

Date / Event Date Event Price
Aug 28, 2003 Sold
Premium
Sold
Jul 3, 2003 Listed by Century 21 N. Shore $325,000
Listed by Century 21 N. Shore
Jul 24, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 825
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,998
  • Total Building Area: 1,691
  • Gross Building Area: 2,535
  • Building Area: 1,691
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,691
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000138
  • 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: 211100

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:059 L:180 P:
  • Lot: 180
  • Municipality: DANVERS
  • Latitude: 42.5546
  • Longitude: -70.9212

    Address

  • Full Address: 28 River St
  • Address - House Number: 28
  • Address - Street Name: River
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C008
  • 4-Digit Zip Code: 3332
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $561,800

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 634,002
  • High Value: 741,257
  • Low Value: 526,746

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,700
  • Assessed Land Value: $302,100
  • Assessed Improvements Value: $203,600

    Sales

  • Current Sale Recording Date: Aug 28, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 24, 1998
  • Previous Sale Amount: $180,000
  • 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:

$699,000

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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30741685

Frequently Asked Questions

When was property at 28 River Street built and last sold?
The property at 28 River Street was built in 1950 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 28 River Street is $0.
What are some comparable homes to 28 River Street?
There are currently no comparable homes to 28 River Street.
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