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Danvers 01923
4 Bunting Way
$730,000
● House - Off Market

4 Bunting Way

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,600 Ft²
$1,286,869
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

This architecturally designed Colonial is located in Danvers  Choate Farm  which is surrounded by  preservation land overlooking the Danvers watershed. It is near to St. John's Preparatory High School and easy access  to major highway network.   The magnificent Colonial is superbly designed for family living with an open floor plan containing over 3600  square feet of sun filled living space. There are hardwood floors throughout, high  ceilings and sundrenched rooms. The family room has a beautiful fireplace. There is a home office and half bath on the first floor as well. Upstairs are four bedrooms, two full baths and a large Master suite with walk-in closet. This home boasts a lovely lot, 2 car garage and underground sprinkler system. It is impeccable inside and out and has been lovingly and carefully maintained.
Unit Size
3,600 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$205
Property Type
House
Property Taxes
$839
HOA Dues
$300
Year Built
2007

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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 #71823797)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
Apr 22, 2015 Listed by Essex Realty Group $739,000
Listed by Essex Realty Group
May 16, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 1,668
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,303
  • Total Building Area: 3,264
  • Gross Building Area: 5,404
  • Building Area: 3,264
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,264
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE CHOATE FARM
  • Land Acres: 0000000351
  • 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: R3

Geography

  • Parcel: DANV M:010 L:060 P:
  • Lot: 60
  • Municipality: DANVERS
  • Latitude: 42.6003
  • Longitude: -70.9355

    Address

  • Full Address: 4 Bunting Way
  • Address - House Number: 4
  • Address - Street Name: Bunting
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1278
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,222,200
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1472
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 82
  • Final Value: 1,201,071
  • High Value: 1,377,917
  • Low Value: 1,024,225

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,100,100
  • Assessed Land Value: $396,700
  • Assessed Improvements Value: $703,400

    Sales

  • Current Sale Recording Date: Jun 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 539
  • Previous Sale Recording Date: May 16, 2008
  • Previous Sale Amount: $739,580
  • 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:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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: 4 months ago
Data Source: MLS PIN, MLS# 71823797

Frequently Asked Questions

When was property at 4 Bunting Way built and last sold?
The property at 4 Bunting Way was built in 2007 and last sold on Jan 1, 1970 for $730,000.
How much is this home worth?
The estimated value of the home located at 4 Bunting Way is $774,777.
What are some comparable homes to 4 Bunting Way?
There are currently no comparable homes to 4 Bunting Way.
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