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Danvers 01923
371 Maple (Old) St
$365,000
● House - Off Market

371 Maple (Old) St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,184 Ft²
$650,321
RealtyHop Estimate
75.81%
Since Jan 1, 2016
MA-Boston
Primary Model

About This Property

Many family memories in this older, Story-book Colonial located in a quiet, desirable neighborhood (dead-end street) near Endicott Park with very convenient highway access- This vintage property is just waiting to be restored with your updates & improvements.  The house has great character with high ceilings, original woodwork, interesting windows, built-ins , hardwood floors throughout & a large front porch with a swing to watch the world go by.. The rooms are spacious with many oversized closets & extra storage. Electric recently updated/ gas hot water heater is newer. The  scenic backyard is SPECTACULAR  - The walk-out basement has a finished room & full bath.   Sold "As Is"-  the property potential is well worth your efforts!
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.75 acres
Price per sqft
$169
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1917

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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 #71918494)

Price History

Date / Event Date Event Price
Dec 21, 2015 Sold
Premium
Sold
Oct 13, 2015 Listed by The Thomson Companies $369,900
Listed by The Thomson Companies

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • 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: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 780
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,613
  • Total Building Area: 2,028
  • Gross Building Area: 3,302
  • Building Area: 2,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,028
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000749
  • 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: R3

Geography

  • Parcel: DANV M:025 L:023 P:
  • Lot: 23
  • Municipality: DANVERS
  • Latitude: 42.579
  • Longitude: -70.9615

    Address

  • Full Address: 371 Maple St
  • Address - House Number: 371
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C037
  • 4-Digit Zip Code: 1518
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $718,900

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 718,710
  • High Value: 844,677
  • Low Value: 592,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $647,100
  • Assessed Land Value: $438,700
  • Assessed Improvements Value: $208,400

    Sales

  • Current Sale Recording Date: Dec 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 142
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71918494

Frequently Asked Questions

When was property at 371 Maple Street built and last sold?
The property at 371 Maple Street was built in 1917 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 371 Maple Street is $401,234.
What are some comparable homes to 371 Maple Street?
There are currently no comparable homes to 371 Maple Street.
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