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Danvers 01923
32 Burroughs Street
$290,000
● House - Off Market

32 Burroughs Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,614 Ft²
$570,081
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

Ok so whats up, how come nobody has picked me?  I am in Danvers in a great neighborhood, yes I may need a little updating but my current owner has taken very good care of me and now it is time for you to take over. I have beautiful living and dining rooms, my kitchen is dated but you can change that, there is a family area and full bath. My second level has 3 bedrooms, bath and access to walk up attic, lovely yard and parking. Take a chance on me I think we could be very happy together!
Unit Size
1,614 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$186
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1900

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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 #71486861)

Price History

Date / Event Date Event Price
Sep 5, 2013 Sold
Premium
Sold
Feb 27, 2013 Listed by Tache Real Estate, Inc. $299,900
Listed by Tache Real Estate, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,630
  • Total Building Area: 1,825
  • Gross Building Area: 3,022
  • Building Area: 1,825
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,825
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:050 L:259 P:
  • Lot: 259
  • Municipality: DANVERS
  • Latitude: 42.5605
  • Longitude: -70.9449

    Address

  • Full Address: 32 Burroughs St
  • Address - House Number: 32
  • Address - Street Name: Burroughs
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C025
  • 4-Digit Zip Code: 2756
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $607,300

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 649,029
  • High Value: 762,782
  • Low Value: 535,275

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $546,600
  • Assessed Land Value: $313,400
  • Assessed Improvements Value: $233,200

    Sales

  • Current Sale Recording Date: Sep 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 4
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

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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# 71486861

Frequently Asked Questions

When was property at 32 Burroughs Street built and last sold?
The property at 32 Burroughs Street was built in 1900 and last sold on Jan 1, 1970 for $290,000.
How much is this home worth?
The estimated value of the home located at 32 Burroughs Street is $320,650.
What are some comparable homes to 32 Burroughs Street?
There are currently no comparable homes to 32 Burroughs Street.
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