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Danvers 01923
3 Sheffield Rd
$409,000
● House - Off Market

3 Sheffield Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,246 Ft²
$778,117
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model

About This Property

Charming 9 room Cape featuring 4 bedrooms and 1 1/2 baths and attached garage, large open dining/kitchen area with plenty of counter space & ceramic flooring. Formal living room with hardwood floors and fireplace, newer baths, vinyl replacement windows, 2 finished room in the basement, slider off the kitchen to open deck overlooking the enclosed yard. Easy access to schools (Thorpe, Holten Richmond or Danvers High)  and moments to Rt 128.
Unit Size
2,246 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$183
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1952

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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 #71597671)

Price History

Date / Event Date Event Price
Nov 21, 2013 Sold
Premium
Sold
Oct 16, 2013 Listed by Keller Williams Realty Evolution $409,900
Listed by Keller Williams Realty Evolution
Oct 30, 1997 Sold
Premium
Sold
Aug 29, 1997 Listed by Keller Williams Realty Evolution $219,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 828
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 2,246
  • Gross Building Area: 3,132
  • Building Area: 2,246
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,246
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURLEY FARM
  • Land Acres: 0000000230
  • 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:044 L:139 P:
  • Lot: 139
  • Municipality: DANVERS
  • Latitude: 42.5693
  • Longitude: -70.9262

    Address

  • Full Address: 3 Sheffield Rd
  • Address - House Number: 3
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2536
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $721,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 727,832
  • High Value: 851,893
  • Low Value: 603,771

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $649,400
  • Assessed Land Value: $354,000
  • Assessed Improvements Value: $295,400

    Sales

  • Current Sale Recording Date: Nov 21, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Oct 30, 1997
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 27
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: 4 months ago
Data Source: MLS PIN, MLS# 71597671

Frequently Asked Questions

When was property at 3 Sheffield Road built and last sold?
The property at 3 Sheffield Road was built in 1952 and last sold on Jan 1, 1970 for $409,000.
How much is this home worth?
The estimated value of the home located at 3 Sheffield Road is $430,824.
What are some comparable homes to 3 Sheffield Road?
There are currently no comparable homes to 3 Sheffield Road.
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