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Danvers 01923
319 Locust St
$890,000
● House - Off Market

319 Locust St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,510 Ft²
$5,072
Est. Monthly

About This Property

OH Saturday & Sunday 12-4. Price reduction, motivated seller.  This stunning Single Family home at 319 Locust St, Danvers, MA was built in 2016 and boasts 4 bedrooms, 3 bathrooms, with 2510 sq.ft. of finished living space across 2 stories. Situated on a spacious 0.43-acre lot, this property offers plenty of room for outdoor activities and enjoyment. With modern features and a convenient location, this home provides the perfect blend of comfort and luxury for its residents. An unattached oversized garage features an unfinished 400 sq. ft. loft above, with parking for 6 vehicles in the driveway.
Unit Size
2,510 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$359
Property Type
House
Property Taxes
$653
HOA Dues
-
Year Built
1945

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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 #73244381)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
May 29, 2024 Listed by Select Realty Associates $899,900
Listed by Select Realty Associates
Nov 14, 2013 Sold
Premium
Sold
Aug 26, 2013 Listed by Select Realty Associates $309,900
Listed by Select Realty Associates

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 18,121
  • Total Building Area: 2,248
  • Gross Building Area: 3,626
  • Building Area: 2,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,248
  • Heating Fuel Type: 3

    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:010 L:013 P:
  • Lot: 13
  • Municipality: DANVERS
  • Latitude: 42.5949
  • Longitude: -70.939

    Address

  • Full Address: 319 Locust St
  • Address - House Number: 319
  • Address - Street Name: Locust
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1201
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $783,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 762,880
  • High Value: 883,381
  • Low Value: 642,380

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $704,900
  • Assessed Land Value: $370,100
  • Assessed Improvements Value: $334,800

    Sales

  • Current Sale Recording Date: Nov 14, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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# 73244381

Frequently Asked Questions

When was property at 319 Locust Street built and last sold?
The property at 319 Locust Street was built in 1945 and last sold on Jan 1, 1970 for $282,000.
How much is this home worth?
The estimated value of the home located at 319 Locust Street is $894,769.
What are some comparable homes to 319 Locust Street?
There are currently no comparable homes to 319 Locust Street.
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