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Danvers 01923
343 Andover St
$265,000
● House - Off Market

343 Andover St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
2,957 Ft²
$483,869
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

great opportunity and potential for this one level spacious home zoned for owner occupied home business, on large lot, high visibility, parking for 6 cars, updated 2 gas heat systems and electric. sold as is home inspection for informational purposes only must be completed within 5 days highest and best offer by mon sept 1 at 2pm  with contingency to allow seller to find suitable housing within 60 days
Unit Size
2,957 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$90
Property Type
House
Property Taxes
$337
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 months ago (MLSPIN #71695749)

Price History

Date / Event Date Event Price
Oct 29, 2014 Sold
Premium
Sold
Jun 9, 2014 Listed by Five Star Realty Group $264,900
Listed by Five Star Realty Group
Dec 20, 1999 Sold
Premium
Sold
Sep 10, 1999 Listed by Five Star Realty Group $249,900
Listed by Five Star Realty Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 7
  • Basement Area: 1,971
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,458
  • Total Building Area: 2,957
  • Gross Building Area: 4,282
  • Building Area: 2,957
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,957
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000447
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:039 L:014 P:
  • Lot: 14
  • Municipality: DANVERS
  • Latitude: 42.5695
  • Longitude: -70.9873

    Address

  • Full Address: 343 Andover St
  • Address - House Number: 343
  • Address - Street Name: Andover
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C037
  • 4-Digit Zip Code: 1346
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $566,200
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 618,863
  • High Value: 714,729
  • Low Value: 522,998

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $509,600
  • Assessed Land Value: $289,800
  • Assessed Improvements Value: $219,800

    Sales

  • Current Sale Recording Date: Oct 29, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102900374
  • Previous Sale Recording Date: Dec 20, 1999
  • Previous Sale Amount: $249,900
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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# 71695749

Frequently Asked Questions

When was property at 343 Andover Street built and last sold?
The property at 343 Andover Street was built in 1960 and last sold on Jan 1, 1970 for $265,000.
How much is this home worth?
The estimated value of the home located at 343 Andover Street is $312,011.
What are some comparable homes to 343 Andover Street?
There are currently no comparable homes to 343 Andover Street.
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