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Danvers 01923
3 Yale Street
Photo of 3 Yale Street
Sold on Jul 13, 2007

1

Map

$505,000
● House - Off Market

3 Yale Street

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,826 Ft²
$974,280
RealtyHop Estimate
87.40%
Since Aug 1, 2007
MA-Boston
Primary Model

About This Property

Abundant 3800' contemporary 4bed/2.5bath home in Thorpe District. Warm, sun filled living room w/Mediterranean tile, vaulted ceiling & skylights. Casual den w/ wood stove. Sophisticated master suite (entire 2nd floor!) with whirlpool soaking tub & glass encased shower, walk-in closet, sitting & exercise areas...feels like a spa! Gourmet eat-in kitchen is the home's hub: custom "pantry style" cabinets, "wet" island/breakfast bar, bookshelves, Bosch/ Viking appliances, & endless countertops.
Unit Size
3,826 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$136
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70578514)

Price History

Date / Event Date Event Price
Jul 13, 2007 Sold
Premium
Sold
May 14, 2007 Listed $519,900
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 25,295
  • Total Building Area: 3,802
  • Gross Building Area: 5,244
  • Building Area: 3,802
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,802
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE DANVERS SEC C
  • Land Acres: 0000000581
  • 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:022 L:105 P:
  • Lot: 105
  • Municipality: DANVERS
  • Latitude: 42.583
  • Longitude: -70.9255

    Address

  • Full Address: 3 Yale St
  • Address - House Number: 3
  • Address - Street Name: Yale
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 2326
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $918,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 926,738
  • High Value: 1,082,635
  • Low Value: 770,841

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $827,000
  • Assessed Land Value: $407,400
  • Assessed Improvements Value: $419,600

    Sales

  • Current Sale Recording Date: Jul 13, 2007
  • Current Sale Price:
    Premium
  • Current 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70578514

Frequently Asked Questions

When was property at 3 Yale Street built and last sold?
The property at 3 Yale Street was built in 1961 and last sold on Jan 1, 1970 for $505,000.
How much is this home worth?
The estimated value of the home located at 3 Yale Street is $567,977.
What are some comparable homes to 3 Yale Street?
There are currently no comparable homes to 3 Yale Street.
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