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Danvers 01923
40 N Putnam St
Photo of 40 N Putnam St
Sold on Oct 21, 2010

1

Map

$217,000
● House - Off Market

40 N Putnam St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,117 Ft²
$492,297
RealtyHop Estimate
109.58%
Since Nov 1, 2010
MA-Boston
Primary Model

About This Property

Solid SF near downtown with outstanding yard!  Some of the apparent amenities include some replacement windows, updated kitchen cabinets, updated half bath, Pergo-style flooring on first floor.  Yard is large and beautifully landscaped including a Koi Pond, fence, healthy lawn, and a dog kennel area. Walking distance to downtown yet close to routes 128 and 95.
Unit Size
1,117 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$210
Property Type
House
Property Taxes
$265
HOA Dues
-
Year Built
1877

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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: 12 months ago (MLSPIN #71087376)

Price History

Date / Event Date Event Price
Oct 21, 2010 Sold
Premium
Sold
May 28, 2010 Listed by ERA American Dream Realty $234,900
Listed by ERA American Dream Realty
Feb 24, 2010 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1877
  • Effective Year Built: 1877
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 638
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,402
  • Total Building Area: 1,117
  • Gross Building Area: 2,058
  • Building Area: 1,117
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,117
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • 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:496 P:
  • Lot: 496
  • Municipality: DANVERS
  • Latitude: 42.5673
  • Longitude: -70.9409

    Address

  • Full Address: 40 N Putnam St
  • Address - House Number: 40
  • Street Direction: N
  • Address - Street Name: Putnam
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C004
  • 4-Digit Zip Code: 2051
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $530,800

    Appraisal Valuation

  • Standard Deviation: 0.2583
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 504,248
  • High Value: 634,494
  • Low Value: 374,002

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,800
  • Assessed Land Value: $318,200
  • Assessed Improvements Value: $159,600

    Sales

  • Current Sale Recording Date: Oct 21, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 24, 2010
  • Previous Sale Amount: $158,000
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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: 12 months ago
Data Source: MLS PIN, MLS# 71087376

Frequently Asked Questions

When was property at 40 North Putnam Street built and last sold?
The property at 40 North Putnam Street was built in 1877 and last sold on Jan 1, 1970 for $217,000.
How much is this home worth?
The estimated value of the home located at 40 North Putnam Street is $0.
What are some comparable homes to 40 North Putnam Street?
There are currently no comparable homes to 40 North Putnam Street.
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