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Danvers 01923
33 Central Ave
$528,000
● House - Off Market

33 Central Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,798 Ft²
$527,516
RealtyHop Estimate
5.52%
Since Oct 1, 2022
MA-Boston
Primary Model

About This Property

Great Downton Danvers location! Close to restaurants, shops and more. Lots of potential to update this well maintained property that has been in owned by one family for decades. This home boast a main floor bedroom and 2 Spacious bedrooms upstairs. Both bedrooms have good sized closets. 2 bathrooms. Wood/coal stove. Some of the updating has already been completed. New heating system and water heater was installed in 2022 and the roof was installed in 2018. Around the back, there is a small yard plus a garage and a shed for all of your tools. There is also a partially finished walk out basement with multiple rooms.  Great opportunity to live Danvers!   *All Offers are due Tuesday, August 16, 2022, by 1:00 pm for seller review. Seller to respond by Wednesday.*
Unit Size
1,798 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$278
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1940

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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 #73022999)

Price History

Date / Event Date Event Price
Sep 27, 2022 Sold
Premium
Sold
Aug 9, 2022 Listed by eXp Realty $499,900
Listed by eXp Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • 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: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,469
  • Total Building Area: 1,798
  • Gross Building Area: 2,834
  • Building Area: 1,798
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,798
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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:236 P:
  • Lot: 236
  • Municipality: DANVERS
  • Latitude: 42.5678
  • Longitude: -70.9326

    Address

  • Full Address: 33 Central Ave
  • Address - House Number: 33
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C036
  • 4-Digit Zip Code: 2907
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $568,900

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 618,550
  • High Value: 730,429
  • Low Value: 506,672

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,100
  • Assessed Land Value: $321,200
  • Assessed Improvements Value: $190,900

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220927002380
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# 73022999

Frequently Asked Questions

When was property at 33 Central Avenue built and last sold?
The property at 33 Central Avenue was built in 1940 and last sold on Sep 27, 2022 for $528,000.
How much is this home worth?
The estimated value of the home located at 33 Central Avenue is $518,642.
What are some comparable homes to 33 Central Avenue?
There are currently no comparable homes to 33 Central Avenue.
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