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Danvers 01923
3 Sycamore St
$433,000
● House - Off Market

3 Sycamore St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,308 Ft²
$664,450
RealtyHop Estimate
56.01%
Since Jan 1, 2018
MA-Boston
Primary Model

About This Property

WELCOME HOME...Just move right into this comfortable, warm and inviting ranch. Enjoy the open-concept living room with fireplace and totally remodeled kitchen with island featuring granite counters and stainless steel appliances. Everything in this house has been updated in 2010. New heating system, new central air, new roof, new kitchen and bath, new water heater.  There is nothing to do but enjoy the great fenced-in yard with patio area. There is a laundry area and a work shop area. This lovely home is located in a family friendly neighborhood convenient to Danvers Schools, downtown and close to highway.  Come see for yourself.
Unit Size
1,308 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$326
Property Type
House
Property Taxes
$389
HOA Dues
-
Year Built
1958

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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 #72250454)

Price History

Date / Event Date Event Price
Dec 18, 2017 Sold
Premium
Sold
Nov 1, 2017 Listed by RE/MAX Leading Edge $425,900
Listed by RE/MAX Leading Edge

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,951
  • Total Building Area: 1,308
  • Gross Building Area: 1,452
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000251
  • 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:130 P:
  • Lot: 130
  • Municipality: DANVERS
  • Latitude: 42.5704
  • Longitude: -70.928

    Address

  • Full Address: 3 Sycamore St
  • Address - House Number: 3
  • Address - Street Name: Sycamore
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2431
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $587,700
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 611,701
  • High Value: 711,401
  • Low Value: 512,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,000
  • Assessed Land Value: $346,100
  • Assessed Improvements Value: $182,900

    Sales

  • Current Sale Recording Date: Dec 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 171218001790
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: 4 months ago
Data Source: MLS PIN, MLS# 72250454

Frequently Asked Questions

When was property at 3 Sycamore Street built and last sold?
The property at 3 Sycamore Street was built in 1958 and last sold on Jan 1, 1970 for $433,000.
How much is this home worth?
The estimated value of the home located at 3 Sycamore Street is $437,594.
What are some comparable homes to 3 Sycamore Street?
There are currently no comparable homes to 3 Sycamore Street.
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