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Danvers 01923
5 Old Stonewall Ave
Photo of 5 Old Stonewall Ave

1

Map

$624,900
● House - Off Market

5 Old Stonewall Ave

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,905 Ft²
$3,662
Est. Monthly

About This Property

Custom built multi-level luxury home on one acre of land.Gourmet eat in kitchen, 2 fireplaces(1 gas-1 wood), master suite with built ins,master bath with steam shower and jaccuzzi, deck off of off kitchen and a finished lower level. This house is a must see.
Unit Size
2,905 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$215
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1990

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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 #71197874)

Price History

Date / Event Date Event Price
Mar 10, 2011 Listed by C & H Realty Group $624,900
Listed by C & H Realty Group
May 20, 2003 Sold
Premium
Sold
Mar 7, 2003 Listed by C & H Realty Group $649,900
Listed by C & H Realty Group
Dec 5, 2002 Sold
Premium
Sold
Sep 27, 2002 Listed by C & H Realty Group $619,000
Listed by C & H Realty Group

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,257
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,905
  • Gross Building Area: 5,194
  • Building Area: 2,905
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,905
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:018 L:050 P:
  • Lot: 50
  • Municipality: DANVERS
  • Latitude: 42.5873
  • Longitude: -70.9704

    Address

  • Full Address: 5 Old Stonewall Ave
  • Address - House Number: 5
  • Address - Street Name: Old Stonewall
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C029
  • 4-Digit Zip Code: 4051
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $978,700

    Appraisal Valuation

  • Standard Deviation: 0.1521
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 960,228
  • High Value: 1,106,331
  • Low Value: 814,126

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $880,900
  • Assessed Land Value: $433,400
  • Assessed Improvements Value: $447,500

    Sales

  • Current Sale Recording Date: May 20, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 05, 2002
  • Previous Sale Amount: $619,000
  • 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:

$699,450

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71197874

Frequently Asked Questions

When was property at 5 Old Stonewall Avenue built and last sold?
The property at 5 Old Stonewall Avenue was built in 1990 and last sold on Jan 1, 1970 for $649,900.
How much is this home worth?
The estimated value of the home located at 5 Old Stonewall Avenue is $649,355.
What are some comparable homes to 5 Old Stonewall Avenue?
There are currently no comparable homes to 5 Old Stonewall Avenue.
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