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Danvers 01923
3 Buttonwood Lane
Photo of 3 Buttonwood Lane

1

Map

$599,900
● House - Off Market

3 Buttonwood Lane

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,455 Ft²
$3,517
Est. Monthly

About This Property

Desirable St. John's Prep Neighborhood. Spacious center entrance Colonial, private setting on corner lot. Open kitchen/living area with sliders to rear deck. Granite counter tops. Hardwood flooring. Beautifully landscaped yard, rear deck.  Attached 2 car garage.
Unit Size
3,455 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$174
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1981

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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: 3 months ago (MLSPIN #71243102)

Price History

Date / Event Date Event Price
Mar 19, 2012 Sold
Premium
Sold
Jul 4, 2011 Listed by Century 21 North East $547,900
Listed by Century 21 North East
Spacious center entrance Colonial in St. John's Prep area. Lots of updates including kitchen with granite counter tops, bath, windows, heating and hotwater. Open family room , kitchen area with sliders leading out to screen room. Some hardwood floors. Beautifully landscaped yard!! Attached 2 car garage.
Jun 3, 2011 Listed by Urban Real Estate Strategies, LLC $599,900
Listed by Urban Real Estate Strategies, LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,472
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,501
  • Total Building Area: 3,749
  • Gross Building Area: 3,970
  • Building Area: 3,749
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,749
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PUTNAM HILL
  • Land Acres: 0000000700
  • 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

  • Parcel: DANV M:020 L:155 P:
  • Lot: 155
  • Municipality: DANVERS
  • Latitude: 42.5865
  • Longitude: -70.9466

    Address

  • Full Address: 3 Buttonwood Ln
  • Address - House Number: 3
  • Address - Street Name: Buttonwood
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1160
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,065,200

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,049,530
  • High Value: 1,228,308
  • Low Value: 870,752

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $958,800
  • Assessed Land Value: $465,200
  • Assessed Improvements Value: $493,600

    Sales

  • Current Sale Recording Date: Mar 19, 2012
  • Current Sale Price:
    Premium
  • Current 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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: 3 months ago
Data Source: MLS PIN, MLS# 71243102

Frequently Asked Questions

When was property at 3 Buttonwood Lane built and last sold?
The property at 3 Buttonwood Lane was built in 1981 and last sold on Jan 1, 1970 for $530,000.
How much is this home worth?
The estimated value of the home located at 3 Buttonwood Lane is $589,819.
What are some comparable homes to 3 Buttonwood Lane?
There are currently no comparable homes to 3 Buttonwood Lane.
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