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Danvers 01923
4 Peabody Avenue
$393,000
● House - Off Market

4 Peabody Avenue

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,720 Ft²
$760,171
RealtyHop Estimate
90.09%
Since Mar 1, 2014
MA-Boston
Primary Model

About This Property

Location!  Right near the heart of Danvers.  Quiet one way street in view of the Historic Danvers Library and Mill Pond.  Beautifully updated home with red birch flooring in most rooms, large kitchen with granite countertops and stainless steel appliances along with a built-in office area.  Dining area and living room open out to a deck with a ceiling fan.  Third floor has been insulated with spray foam and allows for a bonus fourth bedroom.  Basement has an additional sunken room with a walkout to the yard which allows for a home office with a separate entrance.  Close to all that Danvers has to offer.  This is a must see!
Unit Size
1,720 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$233
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1911

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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 #71610412)

Price History

Date / Event Date Event Price
Feb 25, 2014 Sold
Premium
Sold
Nov 20, 2013 Listed by Keller Williams Realty Evolution $399,900
Listed by Keller Williams Realty Evolution
Nov 19, 1998 Sold
Premium
Sold
Oct 2, 1998 Listed by Keller Williams Realty Evolution $239,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1932
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: 975
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,672
  • Total Building Area: 1,881
  • Gross Building Area: 3,530
  • Building Area: 1,881
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,881
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • 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:051 L:045 P:
  • Lot: 45
  • Municipality: DANVERS
  • Latitude: 42.5624
  • Longitude: -70.9402

    Address

  • Full Address: 4 Peabody Ave
  • Address - House Number: 4
  • Address - Street Name: Peabody
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C005
  • 4-Digit Zip Code: 2734
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $707,900

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 717,907
  • High Value: 840,277
  • Low Value: 595,537

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $637,200
  • Assessed Land Value: $317,800
  • Assessed Improvements Value: $319,400

    Sales

  • Current Sale Recording Date: Feb 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 377
  • Previous Sale Recording Date: Nov 19, 1998
  • Previous Sale Amount: $220,000
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 years

Currently For Sale

38 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# 71610412

Frequently Asked Questions

When was property at 4 Peabody Avenue built and last sold?
The property at 4 Peabody Avenue was built in 1911 and last sold on Jan 1, 1970 for $393,000.
How much is this home worth?
The estimated value of the home located at 4 Peabody Avenue is $414,764.
What are some comparable homes to 4 Peabody Avenue?
There are currently no comparable homes to 4 Peabody Avenue.
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