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Danvers 01923
3 Mildred Rd
$625,000
● House - Off Market

3 Mildred Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,646 Ft²
$609,184
RealtyHop Estimate
15.16%
Since Jul 1, 2021
MA-Boston
Primary Model

About This Property

You will fall in love with this lovely ranch. The comfortable floor plan offers living room open to formal dining area, eat in kitchen, laundry and and family room.Three fireplaces, hard wood floors a spacious garage are a few of the amenities The desirable location is close to schools, downtown and parks. Located on a a half acre lot with a private patio it is perfect for family entertaining and fun. Showings start at open house Saturday 5/15  11:30 -1 Sunday 5/16 11:30 -1 Covid protocol required. Offer if any are due Monday 5/17 at noon. Give 24 hours to respond.
Unit Size
1,646 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$321
Property Type
House
Property Taxes
$541
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: 5 years ago (MLSPIN #72829700)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
May 12, 2021 Listed by Coldwell Banker Realty - Beverly $529,000
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 7
  • Basement Area: 1,295
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,471
  • Total Building Area: 1,646
  • Gross Building Area: 3,271
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000493
  • 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:036 L:094 P:
  • Lot: 94
  • Municipality: DANVERS
  • Latitude: 42.571
  • Longitude: -70.9251

    Address

  • Full Address: 3 Mildred Rd
  • Address - House Number: 3
  • Address - Street Name: Mildred
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2512
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $714,900
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 741,606
  • High Value: 856,486
  • Low Value: 626,727

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $643,500
  • Assessed Land Value: $391,000
  • Assessed Improvements Value: $252,500

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210614004280
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

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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 years ago
Data Source: MLS PIN, MLS# 72829700

Frequently Asked Questions

When was property at 3 Mildred Road built and last sold?
The property at 3 Mildred Road was built in 1955 and last sold on Jun 9, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 3 Mildred Road is $0.
What are some comparable homes to 3 Mildred Road?
There are currently no comparable homes to 3 Mildred Road.
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