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Danvers 01923
29 Columbia Rd
$570,000
● House - Off Market

29 Columbia Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,864 Ft²
$590,302
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

Quintessential New England character is top of mind when you arrive at this charming 3 Bed 1.5 Bath Bungalow Style home located on a tree lined street in desirable neighborhood and sought after community of Danvers. First floor consists of a heated front porch, living room, dining room w/custom built-in cabinets, large kitchen with plenty of room for a center island, office or 4th bedroom, and full bathroom.  Second floor has primary and two additional bedrooms just waiting for your updates to make your own. Beautiful original details and hardwood flooring throughout most every room.  Enjoy the spacious backyard. Great location, close to schools, highways, downtown, the rail trail and parks.
Unit Size
1,864 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$295
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1940

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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: 5 months ago (MLSPIN #73053760)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Nov 9, 2022 In contract -
In contract
Oct 31, 2022 Listed by Keller Williams Realty Evolution $549,000
Listed by Keller Williams Realty Evolution
Aug 27, 2004 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 822
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,092
  • Total Building Area: 1,420
  • Gross Building Area: 2,668
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000599
  • 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:204 P:
  • Lot: 204
  • Municipality: DANVERS
  • Latitude: 42.5713
  • Longitude: -70.9317

    Address

  • Full Address: 29 Columbia Rd
  • Address - House Number: 29
  • Address - Street Name: Columbia
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2409
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $609,400

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 644,782
  • High Value: 760,079
  • Low Value: 529,485

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,500
  • Assessed Land Value: $380,700
  • Assessed Improvements Value: $167,800

    Sales

  • Current Sale Contract Date: Dec 15, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221215001920
  • Previous Sale Recording Date: Aug 27, 2004
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$715,000

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2037 ft²

Average Home Age

88.6 years

Currently For Sale

36 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: 5 months ago
Data Source: MLS PIN, MLS# 73053760

Frequently Asked Questions

When was property at 29 Columbia Road built and last sold?
The property at 29 Columbia Road was built in 1940 and last sold on Dec 15, 2022 for $570,000.
How much is this home worth?
The estimated value of the home located at 29 Columbia Road is $573,092.
What are some comparable homes to 29 Columbia Road?
There are currently no comparable homes to 29 Columbia Road.
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