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Danvers 01923
348 Maple St
$405,000
● House - Off Market

348 Maple St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,719 Ft²
$814,464
RealtyHop Estimate
91.68%
Since Jul 1, 2013
MA-Boston
Primary Model

About This Property

Spacious & immaculately maintained oversized split entry home located in quiet cul-de-sac n'hood abutting acres of conservation land, boasting large eat-in kitchen, formal dining & living rooms, 3 generous sized bedrms, master suite, fireplaced family rm, central air.  Full accessory apartment with 2 additional bedrooms & applianced kitchen in lower walkout level, having in law potential.  Recent roof.  Waterfront on Endicott Pond...bird watchers paradise! EZ commute to school hiway & shopping!!
Unit Size
2,719 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$156
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1985

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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: 6 months ago (MLSPIN #71503961)

Price History

Date / Event Date Event Price
Jun 28, 2013 Sold
Premium
Sold
Apr 4, 2013 Listed by Prudential Verani Realty $424,900
Listed by Prudential Verani Realty
Jun 6, 2003 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,368
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,502
  • Total Building Area: 2,719
  • Gross Building Area: 4,032
  • Building Area: 2,719
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,719
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000608
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:025 L:096B P:
  • Lot: 96B
  • Municipality: DANVERS
  • Latitude: 42.5776
  • Longitude: -70.9601

    Address

  • Full Address: 348 Maple St
  • Address - House Number: 348
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C037
  • 4-Digit Zip Code: 1542
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $773,800

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 816,843
  • High Value: 943,377
  • Low Value: 690,309

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $696,500
  • Assessed Land Value: $366,900
  • Assessed Improvements Value: $329,600

    Sales

  • Current Sale Recording Date: Jun 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1137
  • Previous Sale Recording Date: Jun 06, 2003
  • Previous Sale Amount: $435,000
  • 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:

$719,000

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1978 ft²

Average Home Age

87.1 years

Currently For Sale

40 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: 6 months ago
Data Source: MLS PIN, MLS# 71503961

Frequently Asked Questions

When was property at 348 Maple Street built and last sold?
The property at 348 Maple Street was built in 1985 and last sold on Jan 1, 1970 for $405,000.
How much is this home worth?
The estimated value of the home located at 348 Maple Street is $454,450.
What are some comparable homes to 348 Maple Street?
There are currently no comparable homes to 348 Maple Street.
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