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Danvers 01923
3 Cedar Hill Dr
$549,900
● House - Off Market

3 Cedar Hill Dr

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,755 Ft²
$814,182
RealtyHop Estimate
48.06%
Since Aug 1, 2018
MA-Boston
Primary Model

About This Property

Welcome home to Danvers.  Come and enjoy this beautiful renovated ranch home which offers a finished basement, brand new hardwood floors throughout, new electrical, oversized garage, professional landscaping and bonus sunroom!!  This home features a master suite with bathroom and also 2 additional bedrooms with 1 full bath.  Beautiful tile surrounds in the bathroom, nothing was left undone.  Come and enjoy the beautiful fenced in yard and quiet neighborhood!  All there is left to do is move in and enjoy the summer! Don't miss out as this could be your home!
Unit Size
1,755 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$313
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1983

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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 #72328884)

Price History

Date / Event Date Event Price
Aug 24, 2021 Sold
Premium
Sold
Jun 9, 2021 Listed by Keller Williams Realty Evolution $649,900
Listed by Keller Williams Realty Evolution
Jul 12, 2018 Sold
Premium
Sold
May 16, 2018 Listed by Keller Williams Realty Evolution $549,900
Listed by Keller Williams Realty Evolution
Oct 20, 1988 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,350
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,812
  • Total Building Area: 1,755
  • Gross Building Area: 3,258
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR HILL
  • Land Acres: 0000000570
  • 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:021 L:093 P:
  • Lot: 93
  • Municipality: DANVERS
  • Latitude: 42.5872
  • Longitude: -70.9311

    Address

  • Full Address: 3 Cedar Hill Dr
  • Address - House Number: 3
  • Address - Street Name: Cedar Hill
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1723
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,100

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 763,107
  • High Value: 893,047
  • Low Value: 633,168

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $689,600
  • Assessed Land Value: $419,500
  • Assessed Improvements Value: $270,100

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210824001190
  • Previous Sale Recording Date: Jul 12, 2018
  • Previous Sale Amount: $549,900
  • 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:

$699,450

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72328884

Frequently Asked Questions

When was property at 3 Cedar Hill Drive built and last sold?
The property at 3 Cedar Hill Drive was built in 1983 and last sold on Aug 23, 2021 for $659,000.
How much is this home worth?
The estimated value of the home located at 3 Cedar Hill Drive is $657,081.
What are some comparable homes to 3 Cedar Hill Drive?
There are currently no comparable homes to 3 Cedar Hill Drive.
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