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Danvers 01923
3 Bartlett Rd
$393,500
● House - Off Market

3 Bartlett Rd

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath
square feet
958 Ft²
$594,787
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Say Hello to a Good Buy!...Fully redesigned and like new two-bedroom ranch in highly desirable neighborhood of homes of equal or greater value (known to insiders as "Orchard Village").  All new kitchen and appliances, hardwood flooring, new bath, updated electric, backyard pool with new liner, newly painted throughout, new shutters, newer furnace, hot water and windows. Open living concept includes kitchen, living room with fireplace, dining room and sunroom. Did I mention the great location? Come home to Danvers!
Unit Size
958 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$417
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1955

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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 #72394991)

Price History

Date / Event Date Event Price
Nov 23, 2018 Sold
Premium
Sold
Sep 13, 2018 Listed by Coldwell Banker Residential Brokerage - Beverly $399,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Jul 12, 2018 Sold
Premium
Sold
Jun 12, 2018 Listed by Coldwell Banker Residential Brokerage - Beverly $299,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,799
  • Total Building Area: 958
  • Gross Building Area: 1,354
  • Building Area: 958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • 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: R2

Geography

  • Parcel: DANV M:045 L:025 P:
  • Lot: 25
  • Municipality: DANVERS
  • Latitude: 42.5658
  • Longitude: -70.9176

    Address

  • Full Address: 3 Bartlett Rd
  • Address - House Number: 3
  • Address - Street Name: Bartlett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C018
  • 4-Digit Zip Code: 3413
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $542,100

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 548,715
  • High Value: 644,887
  • Low Value: 452,543

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,900
  • Assessed Land Value: $336,900
  • Assessed Improvements Value: $151,000

    Sales

  • Current Sale Recording Date: Nov 23, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181123001390
  • Previous Sale Recording Date: Jul 12, 2018
  • Previous Sale Amount: $299,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72394991

Frequently Asked Questions

When was property at 3 Bartlett Road built and last sold?
The property at 3 Bartlett Road was built in 1955 and last sold on Jan 1, 1970 for $393,500.
How much is this home worth?
The estimated value of the home located at 3 Bartlett Road is $404,426.
What are some comparable homes to 3 Bartlett Road?
There are currently no comparable homes to 3 Bartlett Road.
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