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Danvers 01923
42 Macarthur Blvd.
$324,000
● House - Off Market

42 Macarthur Blvd.

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,691 Ft²
$650,794
RealtyHop Estimate
94.32%
Since Jun 1, 2013
MA-Boston
Primary Model

About This Property

Well maintained home with updated kitchen and plenty of space including second floor master bedroom suite and  finished basement area with full bath.  Combined living room and dining room are great for entertaining! Sliding door leading to deck in the back yard with above ground pool , hot tub and shed. Per sellers addition built in 2004, main roof replaced in 2008, 4th bedroom in basement. * BANK APPROVED SHORT SALE
Unit Size
1,691 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$198
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1953

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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 #71480437)

Price History

Date / Event Date Event Price
Jul 24, 2013 Sold
Premium
Sold
May 28, 2013 Sold
Premium
Sold
Feb 6, 2013 Listed by Accurety, LLC $334,900
Listed by Accurety, LLC

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 924
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,686
  • Total Building Area: 2,725
  • Gross Building Area: 4,260
  • Building Area: 2,725
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,725
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • 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: R1

Geography

  • Parcel: DANV M:062 L:082 P:
  • Lot: 82
  • Municipality: DANVERS
  • Latitude: 42.5506
  • Longitude: -70.9517

    Address

  • Full Address: 42 Macarthur Blvd
  • Address - House Number: 42
  • Address - Street Name: Macarthur
  • Address - Suffix Type: Blvd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C020
  • 4-Digit Zip Code: 3551
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $878,900

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 793,224
  • High Value: 920,880
  • Low Value: 665,568

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $791,100
  • Assessed Land Value: $336,400
  • Assessed Improvements Value: $454,700

    Sales

  • Current Sale Recording Date: May 28, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Feb 28, 2005
  • Previous Sale Document Type: 27
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71480437

Frequently Asked Questions

When was property at 42 Macarthur Boulevard built and last sold?
The property at 42 Macarthur Boulevard was built in 1953 and last sold on Jan 1, 1970 for $324,000.
How much is this home worth?
The estimated value of the home located at 42 Macarthur Boulevard is $352,487.
What are some comparable homes to 42 Macarthur Boulevard?
There are currently no comparable homes to 42 Macarthur Boulevard.
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