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Danvers 01923
31 Weston St
$660,000
● House - Off Market

31 Weston St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,003 Ft²
$698,793
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

***Absolutely stunning Arts and Crafts style multilevel home in the finest of Danvers neighborhoods*** The entire home was renovated with a new addition in 2004 and a 3rd bedroom added in 2008. The owners have fastidiously maintained this gorgeous home during their tenure. The chef's kitchen includes granite countertops, Bosch double ovens, convection and regular, Bosch gas stove & dishwasher, two sinks, beverage fridge, and pot filler over the stove. Wide open floor plan with a huge well appointed great room that is second to none. Professionally decorated throughout. All the contents and fine accouterments will be available for purchase to the successful buyer post signing of the purchase & sale. Close to St John's Prep, downtown, highways and malls.
Unit Size
2,003 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$324
Property Type
House
Property Taxes
$521
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 #73047453)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Oct 26, 2022 In contract -
In contract
Oct 19, 2022 In contract -
In contract
Oct 12, 2022 Listed by Keller Williams Realty Evolution $649,900
Listed by Keller Williams Realty Evolution
Sep 3, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,738
  • Total Building Area: 1,943
  • Gross Building Area: 2,843
  • Building Area: 1,943
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,943
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURLEY HILL 1871
  • Land Acres: 0000000201
  • 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:035 L:050 P:
  • Lot: 50
  • Municipality: DANVERS
  • Latitude: 42.5732
  • Longitude: -70.941

    Address

  • Full Address: 31 Weston St
  • Address - House Number: 31
  • Address - Street Name: Weston
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C027
  • 4-Digit Zip Code: 2128
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $702,600

    Appraisal Valuation

  • Standard Deviation: 0.1765
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 683,713
  • High Value: 791,708
  • Low Value: 575,718

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $632,400
  • Assessed Land Value: $336,600
  • Assessed Improvements Value: $295,800

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221215003600
  • Previous Sale Recording Date: Sep 03, 2008
  • Previous Sale Amount: $371,000
  • 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:

$699,450

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73047453

Frequently Asked Questions

When was property at 31 Weston Street built and last sold?
The property at 31 Weston Street was built in 1952 and last sold on Dec 12, 2022 for $660,000.
How much is this home worth?
The estimated value of the home located at 31 Weston Street is $665,517.
What are some comparable homes to 31 Weston Street?
There are currently no comparable homes to 31 Weston Street.
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