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Danvers 01923
5 Prentiss Road
Photo of 5 Prentiss Road
Sold on Aug 27, 2010

1

Map

$627,500
● House - Off Market

5 Prentiss Road

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,455 Ft²
$1,329,605
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model

About This Property

Simply stunning! This unique property was completely renovated in 2003 with superior quality and attention to detail. Gourmet eat-in kitchen with granite countertops, custom cabinets, tumbled marble backsplash, prep sink, and tray ceiling. Formal dining room with french doors leading to bluestone patio with pergola. Master suite with sitting room, walk in closet, double shower, and jacuzzi.  Large deck overlooking in-ground pool.  Two fireplaces,radiant heat, central air and so much more!
Unit Size
3,455 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$188
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1960

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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: 2 years ago (MLSPIN #71077471)

Price History

Date / Event Date Event Price
Aug 27, 2010 Sold
Premium
Sold
May 8, 2010 Listed $649,000
Listed
Jan 8, 1999 Sold
Premium
Sold
Oct 7, 1998 Listed $287,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 2,344
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,573
  • Total Building Area: 3,503
  • Gross Building Area: 7,390
  • Building Area: 3,503
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,503
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW DANVERS
  • Land Acres: 0000000518
  • 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:011 L:010 P:
  • Lot: 10
  • Municipality: DANVERS
  • Latitude: 42.5916
  • Longitude: -70.9814

    Address

  • Full Address: 5 Prentiss Rd
  • Address - House Number: 5
  • Address - Street Name: Prentiss
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C029
  • 4-Digit Zip Code: 4046
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,018,600

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,114,507
  • High Value: 1,286,996
  • Low Value: 942,018

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $916,800
  • Assessed Land Value: $395,700
  • Assessed Improvements Value: $521,100

    Sales

  • Current Sale Recording Date: Aug 27, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 08, 1999
  • Previous Sale Amount: $279,900
  • 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: 2 years ago
Data Source: MLS PIN, MLS# 71077471

Frequently Asked Questions

When was property at 5 Prentiss Road built and last sold?
The property at 5 Prentiss Road was built in 1960 and last sold on Jan 1, 1970 for $627,500.
How much is this home worth?
The estimated value of the home located at 5 Prentiss Road is $0.
What are some comparable homes to 5 Prentiss Road?
There are currently no comparable homes to 5 Prentiss Road.
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