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Danvers 01923
42 Coolidge Road
Photo of 42 Coolidge Road
Sold on Jan 15, 2026

36

Map

Photo of 42 Coolidge Road
Photo of 42 Coolidge Road
$602,500
● House - Off Market

42 Coolidge Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$3,463
Est. Monthly

About This Property

This one level, ranch style home is situated in the quiet, family friendly Woodvale neighborhood of Danvers.  It sits on .55 acres and overlooks a spacious backyard capable of fitting a pool, trampoline,patio, firepit, large garden and more.  Walking distance to the scenic Danvers Rail Trail, historic downtown Danvers, and multiple schools (Thorpe Elementary School, Holten Richmond Middle School and Danvers High School).  This home features 6 rooms, 3 bedrooms and 1.5 baths, an enclosed back porch, and a heating system upgraded approximately 2016.  This home is a blank slate with great potential for either single or multi-story renovation or expansion.  All initial showings this Thursday 12/4 from 6-7:30 and Sat and Sun 12/6 and 12/7 from 11-1.  No showings beforehand.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$461
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1963

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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: 8 months ago (MLSPIN #73459317)

Price History

Date / Event Date Event Price
Jan 15, 2026 Sold
Premium
Sold
Dec 13, 2025 In contract -
In contract
Dec 2, 2025 Listed by NE Property Consultants $599,900
Listed by NE Property Consultants

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • 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: 23,845
  • Total Building Area: 1,056
  • Gross Building Area: 1,792
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000547
  • 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:163 P:
  • Lot: 163
  • Municipality: DANVERS
  • Latitude: 42.5747
  • Longitude: -70.9303

    Address

  • Full Address: 42 Coolidge Rd
  • Address - House Number: 42
  • Address - Street Name: Coolidge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2358
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $602,600

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 596,428
  • High Value: 690,636
  • Low Value: 502,220

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $542,400
  • Assessed Land Value: $386,500
  • Assessed Improvements Value: $155,900
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: 8 months ago
Data Source: MLS PIN, MLS# 73459317

Frequently Asked Questions

When was property at 42 Coolidge Road built and last sold?
The property at 42 Coolidge Road was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 42 Coolidge Road is $602,152.
What are some comparable homes to 42 Coolidge Road?
There are currently no comparable homes to 42 Coolidge Road.
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