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Danvers 01923
5 Cabot Rd.
Photo of 5 Cabot Rd.
Sold on Apr 26, 2007

1

Map

$410,000
● House - Off Market

5 Cabot Rd.

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,704 Ft²
$803,371
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

This warm and inviting Cape with an open first floor plan has it all! Great, large kitchen,  attached garage, mudroom, 3 bedrooms, 2 baths, fireplace, a large, beautifully landscaped and fenced back yard, partially finished lower level etc. Many recent renovations include the kichen and a family room addition. The spacious kitchen with lots of cabinets is open to both the dining room and the family room and offers views of lush plantings in the back yard. Move right into this gem!
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$252
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1945

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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 #70470722)

Price History

Date / Event Date Event Price
Dec 7, 2021 Sold
Premium
Sold
Oct 12, 2021 Listed $579,900
Listed
Apr 26, 2007 Sold
Premium
Sold
Oct 5, 2006 Listed $429,000
Listed
Oct 30, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,986
  • Gross Building Area: 2,852
  • Building Area: 1,986
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,986
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOSEPH A & OLIVINA A MERCIER
  • Land Acres: 0000000230
  • 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:035 L:287 P:
  • Lot: 287
  • Municipality: DANVERS
  • Latitude: 42.5728
  • Longitude: -70.9338

    Address

  • Full Address: 5 Cabot Rd
  • Address - House Number: 5
  • Address - Street Name: Cabot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2401
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $693,200

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 678,235
  • High Value: 793,722
  • Low Value: 562,748

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $623,900
  • Assessed Land Value: $342,000
  • Assessed Improvements Value: $281,900

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211207001950
  • Previous Sale Recording Date: Apr 26, 2007
  • Previous Sale Amount: $410,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70470722

Frequently Asked Questions

When was property at 5 Cabot Road built and last sold?
The property at 5 Cabot Road was built in 1945 and last sold on Dec 7, 2021 for $590,000.
How much is this home worth?
The estimated value of the home located at 5 Cabot Road is $594,040.
What are some comparable homes to 5 Cabot Road?
There are currently no comparable homes to 5 Cabot Road.
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