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Danvers 01923
41 Poplar St
$410,000
● House - Off Market

41 Poplar St

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,536 Ft²
$452,032
RealtyHop Estimate
0.47%
Since Jun 1, 2023
MA-Boston
Primary Model

About This Property

Colonial owned by the same family for over 30 years. Nice corner lot with a two car garage. Three floors of space and charm needing a lot of updating. A contractors special. Good heating and electric panel to start your updating. Come with your imagination and be ready to roll up your sleeves. This property will not go FHA or VA.Showings by appointment only.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$293
Property Type
House
Property Taxes
$422
HOA Dues
-
Year Built
1860

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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 #73032806)

Price History

Date / Event Date Event Price
May 25, 2023 Sold
Premium
Sold
Nov 10, 2022 In contract -
In contract
Sep 6, 2022 Listed by Coldwell Banker Realty - Beverly $449,900
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1860
  • Effective Year Built: 1860
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 1,536
  • Gross Building Area: 3,132
  • Building Area: 1,536
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000158
  • 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:039 P:
  • Lot: 39
  • Municipality: DANVERS
  • Latitude: 42.5697
  • Longitude: -70.9354

    Address

  • Full Address: 41 Poplar St
  • Address - House Number: 41
  • Address - Street Name: Poplar
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2230
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,900
  • Initial Tax Delinquent Year: 2008

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 321,583
  • High Value: 347,402
  • Low Value: 295,763

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $454,500
  • Assessed Land Value: $305,700
  • Assessed Improvements Value: $148,800

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230525002050
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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73032806

Frequently Asked Questions

When was property at 41 Poplar Street built and last sold?
The property at 41 Poplar Street was built in 1860 and last sold on May 25, 2023 for $410,000.
How much is this home worth?
The estimated value of the home located at 41 Poplar Street is $451,508.
What are some comparable homes to 41 Poplar Street?
There are currently no comparable homes to 41 Poplar Street.
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