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Danvers 01923
4 Richards St
$423,500
● House - Off Market

4 Richards St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,665 Ft²
$659,734
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

First Showings at Saturday and Sunday's open house 11a.m.-1pm. Gorgeous Craftsman Style Home!  Well maintained and updated. Kitchen was renovated in 2014 with all new appliances, tile backsplash and caesarstone countertops. Upstairs bath has been completely remodeled with subway tile shower and tub, marble tile floor, extended ceiling, new pedestal sink and paint. Other improvements include a new hot water heater in 2013, new boiler in 2015, and new washer and dryer.  Move right into this beautiful home. Conveniently located at the end of a non through street, in an area of nicer homes, close to shopping malls, highways and only ten minutes to the train and ocean.  Enjoy the privacy this home has to offer with a large deck and fenced yard. Offers will be reviewed on Wednesday Oct 5th
Unit Size
1,665 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$240
Property Type
House
Property Taxes
$450
HOA Dues
-
Year Built
1935

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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 #72074346)

Price History

Date / Event Date Event Price
Nov 21, 2016 Sold
Premium
Sold
Sep 28, 2016 Listed by Keller Williams Realty Evolution $399,900
Listed by Keller Williams Realty Evolution
Nov 9, 2012 Sold
Premium
Sold
Jan 18, 2012 Listed by Keller Williams Realty Evolution $379,900
Listed by Keller Williams Realty Evolution
Nov 27, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,248
  • Total Building Area: 1,665
  • Gross Building Area: 2,379
  • Building Area: 1,665
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,665
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000327
  • 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: R2

Geography

  • Parcel: DANV M:034 L:143 P:
  • Lot: 143
  • Municipality: DANVERS
  • Latitude: 42.5726
  • Longitude: -70.9438

    Address

  • Full Address: 4 Richards St
  • Address - House Number: 4
  • Address - Street Name: Richards
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C027
  • 4-Digit Zip Code: 2105
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $649,700

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 652,433
  • High Value: 766,783
  • Low Value: 538,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $584,800
  • Assessed Land Value: $342,200
  • Assessed Improvements Value: $242,600

    Sales

  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 383
  • Previous Sale Recording Date: Nov 09, 2012
  • Previous Sale Amount: $354,000
  • 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:

$699,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2236 ft²

Average Home Age

93.9 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: 5 months ago
Data Source: MLS PIN, MLS# 72074346

Frequently Asked Questions

When was property at 4 Richards Street built and last sold?
The property at 4 Richards Street was built in 1935 and last sold on Jan 1, 1970 for $423,500.
How much is this home worth?
The estimated value of the home located at 4 Richards Street is $419,906.
What are some comparable homes to 4 Richards Street?
There are currently no comparable homes to 4 Richards Street.
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