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Danvers 01923
4 Weeks Rd
$465,000
● House - Off Market

4 Weeks Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,364 Ft²
$580,872
RealtyHop Estimate
36.68%
Since Jul 1, 2020
MA-Boston
Primary Model

About This Property

Location, Location, Location-ESTATE SALE in prime location near Endicott Park, dead end street, near schools and all amenities. This Commanding Colonial is priced to sell with a lovely, level expansive lot. Lots of VALUE here!   Newer updated systems, bring your decorating ideas, lots of curb appeal, price reflects the need for updating.    Make offers good until Monday  5 pm -owner's need time to review as this is an Estate Sale, please fill out the attached doc't with offers, evidence of employment as an essential worker, cash and pre-approved buyer's show proof of such.
Unit Size
1,364 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$312
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1948

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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 #72646546)

Price History

Date / Event Date Event Price
Jun 5, 2020 Sold
Premium
Sold
Apr 1, 2020 Listed by Coldwell Banker Residential Brokerage - Hingham $424,999
Listed by Coldwell Banker Residential Brokerage - Hingham

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 682
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,758
  • Total Building Area: 1,364
  • Gross Building Area: 2,375
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000499
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:041 L:020 P:
  • Lot: 20
  • Municipality: DANVERS
  • Latitude: 42.5681
  • Longitude: -70.963

    Address

  • Full Address: 4 Weeks Rd
  • Address - House Number: 4
  • Address - Street Name: Weeks
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C037
  • 4-Digit Zip Code: 1824
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $676,000

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 649,921
  • High Value: 767,474
  • Low Value: 532,369

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $608,500
  • Assessed Land Value: $385,600
  • Assessed Improvements Value: $222,900

    Sales

  • Current Sale Contract Date: Jun 02, 2020
  • Current Sale Recording Date: Jun 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200605000240
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

2275 ft²

Average Home Age

82.8 years

Currently For Sale

30 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72646546

Frequently Asked Questions

When was property at 4 Weeks Road built and last sold?
The property at 4 Weeks Road was built in 1948 and last sold on Jun 2, 2020 for $465,000.
How much is this home worth?
The estimated value of the home located at 4 Weeks Road is $439,041.
What are some comparable homes to 4 Weeks Road?
There are currently no comparable homes to 4 Weeks Road.
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