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Danvers 01923
3 Bayview Terrace
$330,900
● House - Off Market

3 Bayview Terrace

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,648 Ft²
$646,270
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

This beautiful updated colonial is within walking distance of downtown Danvers.  It has three bedrooms and two bathrooms.  Very nice back yard.  Lots of wonderful features to this great home.  Move right in.  Convenient to shopping and highways.  This property will not last long so call right away for a private showing.
Unit Size
1,648 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$198
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1951

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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: 4 years ago (MLSPIN #71480954)

Price History

Date / Event Date Event Price
Dec 15, 2020 Sold
Premium
Sold
Oct 8, 2020 Listed by Coldwell Banker Realty - Beverly $474,999
Listed by Coldwell Banker Realty - Beverly
Apr 26, 2013 Sold
Premium
Sold
Feb 8, 2013 Listed by Coldwell Banker Realty - Beverly $326,900
Listed by Coldwell Banker Realty - Beverly
Dec 29, 1989 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,777
  • Total Building Area: 1,648
  • Gross Building Area: 2,788
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000087
  • 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: 211201

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:052 L:192 P:
  • Lot: 192
  • Municipality: DANVERS
  • Latitude: 42.5634
  • Longitude: -70.9309

    Address

  • Full Address: 3 Bayview Ter
  • Address - House Number: 3
  • Address - Street Name: Bayview
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Danvers
  • Carrier Code: C022
  • 4-Digit Zip Code: 3201
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $611,400

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 628,360
  • High Value: 735,466
  • Low Value: 521,254

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,300
  • Assessed Land Value: $309,900
  • Assessed Improvements Value: $240,400

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201215007220
  • Previous Sale Recording Date: Apr 26, 2013
  • Previous Sale Amount: $330,900
  • 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71480954

Frequently Asked Questions

When was property at 3 Bayview Terrace built and last sold?
The property at 3 Bayview Terrace was built in 1951 and last sold on Dec 4, 2020 for $500,000.
How much is this home worth?
The estimated value of the home located at 3 Bayview Terrace is $485,231.
What are some comparable homes to 3 Bayview Terrace?
There are currently no comparable homes to 3 Bayview Terrace.
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