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Danvers 01923
31 Garden St
$501,000
● House - Off Market

31 Garden St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,298 Ft²
$457,120
RealtyHop Estimate
3.91%
Since Apr 1, 2022
MA-Boston
Primary Model

About This Property

Come check out this centrally located 3 bedroom 1 bath home in Danvers! This home offers very easy highway access for commuters, and is minutes from the great amenities Danvers has to offer. This home has been well cared for and ready to be passed on to the next homeowners, so here is your opportunity to get into the great town of Danvers and make this home yours. Enjoy the open family living room where tons of sunlight enters through the large windows and the 3 seasons porch in the back of the home that leads you to the large rear deck that oversees the entire fenced in backyard, great set up for entertaining your family and friends. Open houses start Saturday 2/19 12pm to 2pm and Sunday 2/20 12pm to 2 pm
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$339
Property Type
House
Property Taxes
$450
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 months ago (MLSPIN #72942683)

Price History

Date / Event Date Event Price
Mar 28, 2022 Sold
Premium
Sold
Feb 14, 2022 Listed by Citylight Homes LLC $439,900
Listed by Citylight Homes LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 7
  • Basement Area: 1,012
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,298
  • Gross Building Area: 2,316
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:049 L:038 P:
  • Lot: 38
  • Municipality: DANVERS
  • Latitude: 42.5588
  • Longitude: -70.9659

    Address

  • Full Address: 31 Garden St
  • Address - House Number: 31
  • Address - Street Name: Garden
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C020
  • 4-Digit Zip Code: 1430
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $566,700

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 572,547
  • High Value: 677,399
  • Low Value: 467,695

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $510,100
  • Assessed Land Value: $333,500
  • Assessed Improvements Value: $176,600

    Sales

  • Current Sale Contract Date: Mar 28, 2022
  • Current Sale Recording Date: Mar 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220328003780
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:

$699,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2313 ft²

Average Home Age

88.4 years

Currently For Sale

43 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72942683

Frequently Asked Questions

When was property at 31 Garden Street built and last sold?
The property at 31 Garden Street was built in 1955 and last sold on Mar 28, 2022 for $501,000.
How much is this home worth?
The estimated value of the home located at 31 Garden Street is $455,111.
What are some comparable homes to 31 Garden Street?
There are currently no comparable homes to 31 Garden Street.
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