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Danvers 01923
39 Cabot Rd
$550,000
● House - Off Market

39 Cabot Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,702 Ft²
$790,107
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Woodvale! Huge parcel of land, this completely renovated house features ALL brand new: heating system, plumbing including all underground piping (ask any plumber what it means for homeowners!), high efficiency boiler 95% AFUE, hot water on demand, 3 heating zones, gas line, 200 amps electrical, insulation, roof and siding, driveway, bamboo flooring, granite kitchen, energy efficient stainless steel appliances, 5-stage reverse osmosis water filtration and purification system, 4-5 bedrooms, etc etc. Neighborhood near major highways, shopping, restaurants, beaches, parks. Privacy and plenty of space inside and outside and possible options for expansion if desired. Rare find.
Unit Size
1,702 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$311
Property Type
House
Property Taxes
$431
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 #72421544)

Price History

Date / Event Date Event Price
Dec 13, 2018 Sold
Premium
Sold
Nov 8, 2018 Listed by Lisa Berry Properties $529,000
Listed by Lisa Berry Properties
Jun 26, 2018 Sold
Premium
Sold
Dec 7, 2017 Listed by Lisa Berry Properties $329,000
Listed by Lisa Berry Properties

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,809
  • Total Building Area: 1,415
  • Gross Building Area: 1,783
  • Building Area: 1,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000638
  • 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:027 L:085 P:
  • Lot: 85
  • Municipality: DANVERS
  • Latitude: 42.5787
  • Longitude: -70.9326

    Address

  • Full Address: 39 Cabot Rd
  • Address - House Number: 39
  • Address - Street Name: Cabot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2334
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $657,400
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 697,612
  • High Value: 816,399
  • Low Value: 578,825

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,700
  • Assessed Land Value: $388,200
  • Assessed Improvements Value: $203,500

    Sales

  • Current Sale Contract Date: Nov 26, 2018
  • Current Sale Recording Date: Dec 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20181213002520
  • Previous Sale Recording Date: Jun 26, 2018
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: O
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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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# 72421544

Frequently Asked Questions

When was property at 39 Cabot Road built and last sold?
The property at 39 Cabot Road was built in 1960 and last sold on Nov 26, 2018 for $550,000.
How much is this home worth?
The estimated value of the home located at 39 Cabot Road is $539,692.
What are some comparable homes to 39 Cabot Road?
There are currently no comparable homes to 39 Cabot Road.
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