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Danvers 01923
32 Ledgewood
$450,000
● House - Off Market

32 Ledgewood

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,045 Ft²
$1,038,562
RealtyHop Estimate
125.82%
Since Jul 1, 2002
MA-Boston
Primary Model

About This Property

MOVE RIGHT IN TO THIS SPACIOUS EXPANDED RANCH IN PRIME PREP AREA.TASTEFULLY DECORATED,PERFECT FOR BOTH ENTERTAINING AND FAMILY LIVING. CLOSING TO BE JUNE 15.
Unit Size
3,045 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$151
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1973

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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 #30584316)

Price History

Date / Event Date Event Price
Jun 14, 2002 Sold
Premium
Sold
Mar 4, 2002 Listed by Dewolfe-Beverly $459,900
Listed by Dewolfe-Beverly
Sep 16, 1998 Sold
Premium
Sold
Jul 15, 1998 Listed by Dewolfe-Beverly $299,900
Listed by Dewolfe-Beverly

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • 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: 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: 15,355
  • Total Building Area: 2,933
  • Gross Building Area: 3,817
  • Building Area: 2,933
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,933
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENLEAF GLEN SEC 02
  • Land Acres: 0000000353
  • 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:020 L:065 P:
  • Lot: 65
  • Municipality: DANVERS
  • Latitude: 42.5831
  • Longitude: -70.9458

    Address

  • Full Address: 32 Ledgewood Dr
  • Address - House Number: 32
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1139
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $801,800

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 855,128
  • High Value: 999,666
  • Low Value: 710,590

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $721,700
  • Assessed Land Value: $377,700
  • Assessed Improvements Value: $344,000

    Sales

  • Current Sale Recording Date: Jun 14, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 16, 1998
  • Previous Sale Amount: $315,000
  • 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:

$699,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2232 ft²

Average Home Age

94.7 years

Currently For Sale

39 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# 30584316

Frequently Asked Questions

When was property at 32 Ledgewood Drive built and last sold?
The property at 32 Ledgewood Drive was built in 1973 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 32 Ledgewood Drive is $489,754.
What are some comparable homes to 32 Ledgewood Drive?
There are currently no comparable homes to 32 Ledgewood Drive.
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