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Danvers 01923
5 Delaware Avenue
$508,000
● House - Off Market

5 Delaware Avenue

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,272 Ft²
$784,021
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Wonderful 3 bedroom ranch with many updates in the sought after St. John's Prep area!  Beautiful hardwood flooring welcomes you into the fireplaced living room which opens into the dining room and kitchen area.  There is a beautifully remodeled tiled family bath which services the well sized 3 bedrooms.  Enjoy your gardens and private back yard from the deck or the patio.  There is a wonderful, recently remodeled, spacious lower level family room with which is loaded with storage and a half bath and is bright and cheery.  Don't miss this one!  It's a wonderful home.  **The sale is subject to sellers securing suitable housing.**  Deadline for offers is Tuesday, 2/28 at 5:00 pm.
Unit Size
2,272 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$218
Property Type
House
Property Taxes
$481
HOA Dues
-
Year Built
1976

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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 #72121647)

Price History

Date / Event Date Event Price
May 11, 2017 Sold
Premium
Sold
Feb 22, 2017 Listed by J. Barrett & Company $495,000
Listed by J. Barrett & Company
Sep 3, 2013 Sold
Premium
Sold
Jul 21, 2013 Listed by J. Barrett & Company $385,000
Listed by J. Barrett & Company
Oct 10, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 1,196
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,844
  • Total Building Area: 2,272
  • Gross Building Area: 3,297
  • Building Area: 2,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,272
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000433
  • 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: R3

Geography

  • Parcel: DANV M:014 L:162 P:
  • Lot: 162
  • Municipality: DANVERS
  • Latitude: 42.5924
  • Longitude: -70.9502

    Address

  • Full Address: 5 Delaware Ave
  • Address - House Number: 5
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C001
  • 4-Digit Zip Code: 1101
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $733,900

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 777,503
  • High Value: 909,894
  • Low Value: 645,113

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $660,600
  • Assessed Land Value: $373,500
  • Assessed Improvements Value: $287,100

    Sales

  • Current Sale Recording Date: May 11, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 218
  • Previous Sale Recording Date: Sep 03, 2013
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: O
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# 72121647

Frequently Asked Questions

When was property at 5 Delaware Avenue built and last sold?
The property at 5 Delaware Avenue was built in 1976 and last sold on Jan 1, 1970 for $508,000.
How much is this home worth?
The estimated value of the home located at 5 Delaware Avenue is $517,637.
What are some comparable homes to 5 Delaware Avenue?
There are currently no comparable homes to 5 Delaware Avenue.
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