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Danvers 01923
4 Franklin St
$475,000
● House - Off Market

4 Franklin St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,844 Ft²
$680,802
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Welcome Home! Location and  updated kitchen and bath in 2011, 2018 state of the art first level full bath recently added with jetted tub Jacuzzi and walk in shower,  dressing table vanity with quartz, tile and insulation with w/d hookup in mud room 2018,wood and tile floors throughout, patio and rear yard sprinkler system added in 2013, 2011 heat converted to gas energy efficient tankless furnace and hot water, garage refinished with insulation, sound proofing, a/c and carpet, beautifully landscaped fenced lot and storage shed, 4 bedrooms and a unique oversized family room where you step back in time to wide plank boards and an oversized fireplace.
Unit Size
1,844 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$249
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1930

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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 #72349788)

Price History

Date / Event Date Event Price
Aug 31, 2018 Sold
Premium
Sold
Jun 20, 2018 Listed by Five Star Realty Group $459,900
Listed by Five Star Realty Group
Sep 5, 2011 Sold
Premium
Sold
Jul 13, 2011 Sold
Premium
Sold
May 26, 2011 Listed by Five Star Realty Group $165,000
Listed by Five Star Realty Group

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,541
  • Total Building Area: 1,844
  • Gross Building Area: 2,820
  • Building Area: 1,844
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,844
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000288
  • 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:107 P:
  • Lot: 107
  • Municipality: DANVERS
  • Latitude: 42.5693
  • Longitude: -70.9351

    Address

  • Full Address: 4 Franklin St
  • Address - House Number: 4
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C036
  • 4-Digit Zip Code: 2910
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,900

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 700,787
  • High Value: 820,238
  • Low Value: 581,335

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $581,400
  • Assessed Land Value: $337,100
  • Assessed Improvements Value: $244,300

    Sales

  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180831006280
  • Previous Sale Recording Date: Jul 13, 2011
  • Previous Sale Amount: $282,432
  • Previous Sale Document Type: 34
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# 72349788

Frequently Asked Questions

When was property at 4 Franklin Street built and last sold?
The property at 4 Franklin Street was built in 1930 and last sold on Jan 1, 1970 for $475,000.
How much is this home worth?
The estimated value of the home located at 4 Franklin Street is $469,704.
What are some comparable homes to 4 Franklin Street?
There are currently no comparable homes to 4 Franklin Street.
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