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Danvers 01923
48 Ledgewood Dr
$800,000
● House - Off Market

48 Ledgewood Dr

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,923 Ft²
$4,400
Est. Monthly

About This Property

Nice curb appeal with this 3 bedroom Colonial in desirable St John's Prep area! Updates include brand new 200amp electric panel, newer roof, fence and vinyl siding.  Front to back living room with fireplace, perfect for the upcoming holidays. Dining room with hardwood floors is conveniently located just off the kitchen. The kitchen offers stainless steel appliances, stone countertops and a small breakfast bar for grabbing a quick meal. Nice den off the kitchen with access to deck and fenced yard as well as exterior access to the driveway. Half bath just off the kitchen. Three bedrooms and full bath on the second floor. Full unfinished basement with door leading to yard. Two car garage with new doors. You will love the fenced yard and deck.  Lots of potential!
Unit Size
1,923 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$400
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1966

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #73305557)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Oct 28, 2024 In contract -
In contract
Oct 23, 2024 Listed by Coldwell Banker Realty - Beverly $770,000
Listed by Coldwell Banker Realty - Beverly
Nice curb appeal with this 3 bedroom Colonial in desirable St John's Prep area! Updates include brand new 200amp electric panel, newer roof, fence and vinyl siding. Front to back living room with fireplace, perfect for the upcoming holidays. Dining room with hardwood floors is conveniently located just off the kitchen. The kitchen offers stainless steel appliances, stone countertops and a small breakfast bar for grabbing a quick meal. Nice den off the kitchen with access to deck and fenced yard as well as exterior access to the driveway. Half bath just off the kitchen. Three bedrooms and full bath on the second floor. Full unfinished basement with door leading to yard. Two car garage with new doors. You will love the fenced yard and deck. Lots of potential!
Nov 18, 2002 Sold
Premium
Sold
Jul 9, 2002 Listed by Coldwell Banker Realty - Beverly $439,900
Listed by Coldwell Banker Realty - Beverly

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 918
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,799
  • Total Building Area: 1,923
  • Gross Building Area: 3,310
  • Building Area: 1,923
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,923
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GREENLEAF GLEN SEC 02
  • Land Acres: 0000000363
  • 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:026 L:071 P:
  • Lot: 71
  • Municipality: DANVERS
  • Latitude: 42.5806
  • Longitude: -70.9455

    Address

  • Full Address: 48 Ledgewood Dr
  • Address - House Number: 48
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1139
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $742,400

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 764,670
  • High Value: 881,018
  • Low Value: 648,323

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $668,200
  • Assessed Land Value: $379,700
  • Assessed Improvements Value: $288,500

    Sales

  • Current Sale Recording Date: Nov 18, 2002
  • Current Sale Price:
    Premium
  • Current 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73305557

Frequently Asked Questions

When was property at 48 Ledgewood Drive built and last sold?
The property at 48 Ledgewood Drive was built in 1966 and last sold on Jan 1, 1970 for $400,000.
How much is this home worth?
The estimated value of the home located at 48 Ledgewood Drive is $755,473.
What are some comparable homes to 48 Ledgewood Drive?
There are currently no comparable homes to 48 Ledgewood Drive.
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