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Danvers 01923
36 Fellows Street
$326,500
● House - Off Market

36 Fellows Street

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,435 Ft²
$538,082
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Diamond waiting to be polished! Dead end street location, flat usable yard and room to grow highlight the pluses of this home. With two bedrooms on each floor, and a full bath on each floor, the possibilities for how the space is used are wonderful. Pull down the wallpaper, give a crisp coat of new paint, shine the floors and pull up your sleeves for some bathroom and kitchen renovations.  Some elbow grease can net great rewards, and the location is worth it if you don't like a trafficked street.  All offers to be reviewed by Wednesday, May 13th.
Unit Size
1,435 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$215
Property Type
House
Property Taxes
$384
HOA Dues
-
Year Built
1953

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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 #71832628)

Price History

Date / Event Date Event Price
Nov 9, 2016 Sold
Premium
Sold
Jun 1, 2015 Sold
Premium
Sold
May 8, 2015 Listed by RE/MAX On the River, Inc. $309,000
Listed by RE/MAX On the River, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 748
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,781
  • Total Building Area: 1,453
  • Gross Building Area: 2,538
  • Building Area: 1,453
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,453
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000408
  • 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:035 L:025 P:
  • Lot: 25
  • Municipality: DANVERS
  • Latitude: 42.5741
  • Longitude: -70.9416

    Address

  • Full Address: 36 Fellows St
  • Address - House Number: 36
  • Address - Street Name: Fellows
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C027
  • 4-Digit Zip Code: 2117
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $668,600

    Appraisal Valuation

  • Standard Deviation: 0.1465
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 696,836
  • High Value: 798,987
  • Low Value: 594,685

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,800
  • Assessed Land Value: $375,300
  • Assessed Improvements Value: $226,500

    Sales

  • Current Sale Recording Date: Nov 09, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 530
  • Previous Sale Recording Date: Jun 01, 2015
  • Previous Sale Amount: $326,500
  • Previous Sale Document Type: 35
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# 71832628

Frequently Asked Questions

When was property at 36 Fellows Street built and last sold?
The property at 36 Fellows Street was built in 1953 and last sold on Jan 1, 1970 for $342,500.
How much is this home worth?
The estimated value of the home located at 36 Fellows Street is $325,282.
What are some comparable homes to 36 Fellows Street?
There are currently no comparable homes to 36 Fellows Street.
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