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Danvers 01923
45 Damon St
$319,000
● House - Off Market

45 Damon St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,653 Ft²
$649,751
RealtyHop Estimate
103.68%
Since Jul 1, 2012
MA-Boston
Primary Model

About This Property

ON DEAD END STREET WITH DECK OVERLOOKING PLAINS PARK.  BEST PLACE IN TOWN TO VIEW THE FIREWORKS. Single level living with fireplaced living room and eat-in kitchen, soaring cathedral ceiling.  Well maintained...new roof in 2011, newer(2008) "System 2000" high effeciency heating system, central AC, level yard and one car garage.  Pine paneled play room/family room in the basement, your choice. Great spot....great value. Call today!!
Unit Size
1,653 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$193
Property Type
House
Property Taxes
$327
HOA Dues
-
Year Built
1950

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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 #71386531)

Price History

Date / Event Date Event Price
Jun 27, 2012 Sold
Premium
Sold
May 22, 2012 Listed by J. Barrett & Company $319,000
Listed by J. Barrett & Company
Mar 14, 1991 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,102
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,601
  • Total Building Area: 1,653
  • Gross Building Area: 3,259
  • Building Area: 1,653
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,653
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAY VIEW TERRACE
  • Land Acres: 0000000220
  • 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: 211201

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:052 L:131 P:
  • Lot: 131
  • Municipality: DANVERS
  • Latitude: 42.5638
  • Longitude: -70.9283

    Address

  • Full Address: 45 Damon St
  • Address - House Number: 45
  • Address - Street Name: Damon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C036
  • 4-Digit Zip Code: 3237
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $634,900

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 670,443
  • High Value: 787,950
  • Low Value: 552,936

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,500
  • Assessed Land Value: $334,300
  • Assessed Improvements Value: $237,200

    Sales

  • Current Sale Recording Date: Jun 27, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Mar 14, 1991
  • Previous Sale Amount: $215,000
  • 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:

$699,000

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71386531

Frequently Asked Questions

When was property at 45 Damon Street built and last sold?
The property at 45 Damon Street was built in 1950 and last sold on Jan 1, 1970 for $319,000.
How much is this home worth?
The estimated value of the home located at 45 Damon Street is $340,031.
What are some comparable homes to 45 Damon Street?
There are currently no comparable homes to 45 Damon Street.
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