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Danvers 01923
32 Putnam Street
$320,000
● House - Off Market

32 Putnam Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$556,843
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model

About This Property

Charming three bedroom, two full bath older style Colonial home built on a dead end street. The house has recent updates including newer cabinets in the large eat-in kitchen,new laminate flooring and newer appliances. The living room has been repainted and new wall to wall carpeting has been installed. The cozy family room looks out to the large, flat backyard area with a good size free-standing deck for your outside entertaining. There are also three other structures in the yard, one is a workshop with electricity! The chimney has also been re-pointed.The home needs  some TLC but worth the effort. Close to downtown shopping and restaurants, the Danvers Rail Trail and major routes.
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$267
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1890

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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 #72262214)

Price History

Date / Event Date Event Price
Jan 29, 2018 Sold
Premium
Sold
Dec 7, 2017 Listed by Century 21 North Shore $359,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • 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: 16
  • 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: 7
  • Basement Area: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,178
  • Total Building Area: 1,556
  • Gross Building Area: 2,227
  • Building Area: 1,556
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,556
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • 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:043 L:410 P:
  • Lot: 410
  • Municipality: DANVERS
  • Latitude: 42.5662
  • Longitude: -70.9399

    Address

  • Full Address: 32 Putnam St
  • Address - House Number: 32
  • Address - Street Name: Putnam
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C004
  • 4-Digit Zip Code: 2845
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,900

    Appraisal Valuation

  • Standard Deviation: 0.2378
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 565,166
  • High Value: 699,588
  • Low Value: 430,744

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,000
  • Assessed Land Value: $332,500
  • Assessed Improvements Value: $189,500

    Sales

  • Current Sale Recording Date: Jan 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 180129002340
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

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 months ago
Data Source: MLS PIN, MLS# 72262214

Frequently Asked Questions

When was property at 32 Putnam Street built and last sold?
The property at 32 Putnam Street was built in 1890 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 32 Putnam Street is $370,011.
What are some comparable homes to 32 Putnam Street?
There are currently no comparable homes to 32 Putnam Street.
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