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Danvers 01923
4 Grace Road
$540,000
● House - Off Market

4 Grace Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
3,208 Ft²
$1,074,010
RealtyHop Estimate
90.09%
Since Oct 1, 2013
MA-Boston
Primary Model

About This Property

OPEN HOUSE SUNDAY THE 18TH  11-12:30 PM.  Wonderful opportunity to live in this spectacular contemporary home located on a quiet cul-de-sac close to Middleton line. Greet your guests in your welcoming foyer. Cathedral & high ceilings everywhere, complete open concept, plush sunken living room with large brick fireplace. Gleaming wood floor in kitchen with plenty of space to work & mingle. Master bedroom consists of california closet system, private deck and large two room master bath. Lower living area has laundry room, wide hallway with access to outside and to an oversize two car garage with large storage area under. Sellers had home built and have kept property in impeccable condition. AHS Buyer Home Warranty for 1 yr. Shoes Off Please!
Unit Size
3,208 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$176
Property Type
House
Property Taxes
$582
HOA Dues
-
Year Built
1985

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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 #71563176)

Price History

Date / Event Date Event Price
Dec 30, 2020 Sold
Premium
Sold
Nov 18, 2020 Listed by Keller Williams Realty Evolution $759,900
Listed by Keller Williams Realty Evolution
Sep 27, 2013 Sold
Premium
Sold
Aug 1, 2013 Listed by Keller Williams Realty Evolution $565,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,144
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,220
  • Total Building Area: 2,865
  • Gross Building Area: 3,822
  • Building Area: 2,865
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 2,865
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000510
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:023 L:072 P:
  • Lot: 72
  • Municipality: DANVERS
  • Latitude: 42.5778
  • Longitude: -70.9875

    Address

  • Full Address: 4 Grace Rd
  • Address - House Number: 4
  • Address - Street Name: Grace
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 1354
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $999,600

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 984,983
  • High Value: 1,152,765
  • Low Value: 817,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $899,700
  • Assessed Land Value: $428,800
  • Assessed Improvements Value: $470,900

    Sales

  • Current Sale Contract Date: Dec 28, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201230008510
  • Previous Sale Recording Date: Sep 27, 2013
  • Previous Sale Amount: $540,000
  • 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:

$699,000

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# 71563176

Frequently Asked Questions

When was property at 4 Grace Road built and last sold?
The property at 4 Grace Road was built in 1985 and last sold on Dec 28, 2020 for $805,000.
How much is this home worth?
The estimated value of the home located at 4 Grace Road is $788,313.
What are some comparable homes to 4 Grace Road?
There are currently no comparable homes to 4 Grace Road.
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