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Danvers 01923
31 Cornell Rd
$499,900
● House - Off Market

31 Cornell Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,804 Ft²
$765,609
RealtyHop Estimate
53.15%
Since Mar 1, 2018
MA-Boston
Primary Model

About This Property

Showings Begin This Sunday Dec 3rd by appointment only. Ideal location & privacy !! Last home on peaceful dead end road, Expansive private backyard (just under 1/2 acre) abuts town field. Open concept floorplan with approx. 1800sqft. Spacious kitchen leads to warm & inviting family room with fireplace. French doors separate the home office/study with custom built ins. Master bedroom has private full bath with custom walk-in shower. 9X15 storage room has interior access plus garage style overhead door for exterior access  This home has had many improvements over the years. Central A/C, Heating system, roof, kitchen and newer master bathroom. Perfect commuter location just minutes to rte 128.
Unit Size
1,804 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$277
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1966

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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 #72259076)

Price History

Date / Event Date Event Price
Feb 5, 2018 Sold
Premium
Sold
Nov 28, 2017 Listed by RE/MAX On the River, Inc. $499,900
Listed by RE/MAX On the River, Inc.
May 26, 2004 Sold
Premium
Sold
Mar 9, 2004 Listed by RE/MAX On the River, Inc. $469,900
Listed by RE/MAX On the River, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 18,125
  • Total Building Area: 1,804
  • Gross Building Area: 2,084
  • Building Area: 1,804
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,804
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000416
  • 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:036 L:274 P:
  • Lot: 274
  • Municipality: DANVERS
  • Latitude: 42.5743
  • Longitude: -70.9197

    Address

  • Full Address: 31 Cornell Rd
  • Address - House Number: 31
  • Address - Street Name: Cornell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C015
  • 4-Digit Zip Code: 2562
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $700,800

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 718,045
  • High Value: 840,438
  • Low Value: 595,652

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $630,800
  • Assessed Land Value: $390,000
  • Assessed Improvements Value: $240,800

    Sales

  • Current Sale Recording Date: Feb 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180205003010
  • Previous Sale Recording Date: May 26, 2004
  • Previous Sale Amount: $471,000
  • 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# 72259076

Frequently Asked Questions

When was property at 31 Cornell Road built and last sold?
The property at 31 Cornell Road was built in 1966 and last sold on Jan 1, 1970 for $499,900.
How much is this home worth?
The estimated value of the home located at 31 Cornell Road is $512,627.
What are some comparable homes to 31 Cornell Road?
There are currently no comparable homes to 31 Cornell Road.
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