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Danvers 01923
32 Cabot Rd
$545,000
● House - Off Market

32 Cabot Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$633,036
RealtyHop Estimate
27.89%
Since Dec 1, 2020
MA-Boston
Primary Model

About This Property

This single level ranch home is located in the desirable Woodvale section of Danvers. This home has been lovingly maintained by the same owner for over 45 years.  The home has three bedrooms and has 2 full baths and a full laundry room.  The kitchen opens up to an over sized family room complete with a propane fireplace.  The family room overlooks an over sized level lot that boasts beautifully maintained seasonal flower beds. Additionally there is direct access to the Danvers Rail Trail. Close to all major highways for an easy commute, shopping areas and many parks are also close by. Home has a large 2 car attached garage that also provides plenty of storage and room for a work space.  Open House Sunday 9/27 11:30-1:00
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$275
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #72726129)

Price History

Date / Event Date Event Price
Nov 13, 2020 Sold
Premium
Sold
Sep 22, 2020 Listed by Redfin Corp. $495,000
Listed by Redfin Corp.

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 16,501
  • Total Building Area: 1,800
  • Gross Building Area: 2,292
  • Building Area: 1,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,800
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE DANVERS SEC A
  • Land Acres: 0000000379
  • 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:027 L:067 P:
  • Lot: 67
  • Municipality: DANVERS
  • Latitude: 42.5767
  • Longitude: -70.9334

    Address

  • Full Address: 32 Cabot Rd
  • Address - House Number: 32
  • Address - Street Name: Cabot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2338
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 686,555
  • High Value: 803,581
  • Low Value: 569,530

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $586,400
  • Assessed Land Value: $369,800
  • Assessed Improvements Value: $216,600

    Sales

  • Current Sale Contract Date: Nov 10, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201113005610
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

$399

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2275 ft²

Average Home Age

82.8 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72726129

Frequently Asked Questions

When was property at 32 Cabot Road built and last sold?
The property at 32 Cabot Road was built in 1960 and last sold on Nov 10, 2020 for $545,000.
How much is this home worth?
The estimated value of the home located at 32 Cabot Road is $0.
What are some comparable homes to 32 Cabot Road?
There are currently no comparable homes to 32 Cabot Road.
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