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Danvers 01923
41 North Belgian Rd
$421,000
● House - Off Market

41 North Belgian Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$628,920
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Excellent Location This 6 Room Ranch features Large Kitchen / Dining area, Seperate Living Room, 4bedrooms and a full bath. The Roof is approx 10 yrs old, and a 3 year old Furnace also Anderson Windows have been installed to replace the original windows approx 10 yrs old, Freshly painted throughout inside New Carpeting in Bedrooms, and exterior has Vinyl siding, Private Fenced back yard. Elementary School is Thorpe, Holten Richmond Middle School and Danver High School are both in walking distance.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$333
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1958

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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 #72572790)

Price History

Date / Event Date Event Price
Dec 10, 2019 Sold
Premium
Sold
Sep 30, 2019 Listed by Cameron Real Estate Group $439,900
Listed by Cameron Real Estate Group
Dec 28, 2018 Sold
Premium
Sold
Nov 2, 2018 Listed by Cameron Real Estate Group $419,900
Listed by Cameron Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,010
  • Total Building Area: 1,320
  • Gross Building Area: 1,381
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:036 L:171 P:
  • Lot: 171
  • Municipality: DANVERS
  • Latitude: 42.5738
  • Longitude: -70.9306

    Address

  • Full Address: 41 N Belgian Rd
  • Address - House Number: 41
  • Street Direction: N
  • Address - Street Name: Belgian
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2461
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $572,800

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 596,239
  • High Value: 700,741
  • Low Value: 491,738

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $515,600
  • Assessed Land Value: $342,000
  • Assessed Improvements Value: $173,600

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191210001390
  • Previous Sale Recording Date: Dec 28, 2018
  • Previous Sale Contract Date: Dec 28, 2018
  • Previous Sale Amount: $400,000
  • 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

2261 ft²

Average Home Age

82.2 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# 72572790

Frequently Asked Questions

When was property at 41 North Belgian Road built and last sold?
The property at 41 North Belgian Road was built in 1958 and last sold on Dec 10, 2019 for $421,000.
How much is this home worth?
The estimated value of the home located at 41 North Belgian Road is $445,201.
What are some comparable homes to 41 North Belgian Road?
There are currently no comparable homes to 41 North Belgian Road.
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