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Danvers 01923
4 Charter St
$530,100
● House - Off Market

4 Charter St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,493 Ft²
$670,390
RealtyHop Estimate
28.92%
Since Nov 1, 2020
MA-Boston
Primary Model

About This Property

Turn-key home in Danvers. Updated, 4 Bedroom, 2 full bathroom, open concept living home. This house has been fully updated. Updates include: kitchen, Bathrooms, Plumbing, Heating, Electrical, Windows, Roof and Driveway, just to name a few. Large basement, which could be finished, if desired. All you need to do is move in. Enjoy walking access to downtown Danvers, fine dining, shops & rail trail. Come check out all the amenities that Danvers has to offer! Great spot for the commuter. Accompanied showings will be available, Thursday August, 20TH. OPEN HOUSE Saturday, August 22nd between 1130am -130pm. PLEASE TEXT TO SCHEDULE AN APPOINTMENT FOR OPEN HOUSE AS WELL. Proper social distancing guidelines will be followed. Masks are required.
Unit Size
1,493 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$348
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #72708462)

Price History

Date / Event Date Event Price
Oct 1, 2020 Sold
Premium
Sold
Aug 14, 2020 Listed by Cameron Prestige, LLC $520,000
Listed by Cameron Prestige, LLC
Mar 10, 2016 Sold
Premium
Sold
Jan 19, 2016 Listed by Cameron Prestige, LLC $429,000
Listed by Cameron Prestige, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 830
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,903
  • Total Building Area: 1,493
  • Gross Building Area: 2,583
  • Building Area: 1,493
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,493
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE AT BRICKETT HALL
  • Land Acres: 0000000090
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:043 L:393 P:
  • Lot: 393
  • Municipality: DANVERS
  • Latitude: 42.5664
  • Longitude: -70.9382

    Address

  • Full Address: 4 Charter St
  • Address - House Number: 4
  • Address - Street Name: Charter
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C004
  • 4-Digit Zip Code: 2806
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $669,500

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 693,944
  • High Value: 815,768
  • Low Value: 572,119

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $602,600
  • Assessed Land Value: $310,400
  • Assessed Improvements Value: $292,200

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 14
  • Current Sale Input Document Number: 20201001002510
  • Previous Sale Recording Date: Mar 10, 2016
  • Previous Sale Amount: $416,000
  • 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:

$710,000

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2159 ft²

Average Home Age

95.9 years

Currently For Sale

37 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72708462

Frequently Asked Questions

When was property at 4 Charter Street built and last sold?
The property at 4 Charter Street was built in 1915 and last sold on Sep 28, 2020 for $530,100.
How much is this home worth?
The estimated value of the home located at 4 Charter Street is $523,168.
What are some comparable homes to 4 Charter Street?
There are currently no comparable homes to 4 Charter Street.
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