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Danvers 01923
283 Locust St
Photo of 283 Locust St
Sold on Jul 21, 2011

1

Map

$363,000
● House - Off Market

283 Locust St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,312 Ft²
$761,174
RealtyHop Estimate
105.78%
Since Aug 1, 2011
MA-Boston
Primary Model

About This Property

You will fall in love with this adorable New England Style Colonial home.  This 3 bedroom/1.5 bath home has been freshly updated without losing its antique charm.  Crown moldings and hardwood floors throughout. Large, fenced-in backyard with a beautifully designed landscape. Garage/Barn, currently used for entertaining, measures 15x25. Very unique property.
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$282
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1860

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 5 months ago (MLSPIN #71230376)

Price History

Date / Event Date Event Price
Jul 21, 2011 Sold
Premium
Sold
May 11, 2011 Listed by Keller Williams Realty Evolution $369,900
Listed by Keller Williams Realty Evolution
Dec 13, 2004 Sold
Premium
Sold
Sep 29, 2000 Sold
Premium
Sold
Feb 18, 2000 Listed by Carlson GMAC Real Estate $274,900
Listed by Carlson GMAC Real Estate
COMPLETELY REMODELED HOME NEW ROOF WOOD CLABOARD SIDING NEW WINDOWS. KITCHEN HAS BEAUTIFUL MAPLE CABINETS WITH NEW APPLIANCES. NEW BATHS AND VANITIES. HEATED ENCLOSED PORCH MBR WALKIN CLOSET 10X8. SHOWINGS BEGIN SUN. MAY 7
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 672
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,402
  • Total Building Area: 1,288
  • Gross Building Area: 2,152
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000606
  • 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

  • District: 71
  • Parcel: DANV M:015 L:041 P:
  • Lot: 41
  • Municipality: DANVERS
  • Latitude: 42.5914
  • Longitude: -70.9386

    Address

  • Full Address: 283 Locust St
  • Address - House Number: 283
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1155
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $653,400

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 623,869
  • High Value: 751,703
  • Low Value: 496,035

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $588,100
  • Assessed Land Value: $384,600
  • Assessed Improvements Value: $203,500

    Sales

  • Current Sale Recording Date: Jul 21, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 13, 2004
  • Previous Sale Amount: $378,000
  • 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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71230376

Frequently Asked Questions

When was property at 283 Locust Street built and last sold?
The property at 283 Locust Street was built in 1860 and last sold on Jan 1, 1970 for $363,000.
How much is this home worth?
The estimated value of the home located at 283 Locust Street is $381,301.
What are some comparable homes to 283 Locust Street?
There are currently no comparable homes to 283 Locust Street.
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