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Danvers 01923
5 Stafford Rd
Photo of 5 Stafford Rd
Sold on Sep 30, 2009

1

Map

$280,000
● House - Off Market

5 Stafford Rd

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,172 Ft²
$639,431
RealtyHop Estimate
106.94%
Since Oct 1, 2009
MA-Boston
Primary Model

About This Property

Warm and inviting full basement ranch in a superb neighborhood...Spacious fireplaced living room . Charming family room with lots of windows overlooking a private yard.  Hardwood floors thru out.  Oversized one car garage.  Corner lot.  Walk to all schools and quick access to Rte. 128....A well kept home waiting for a new owner!
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$264
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1951

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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: 5 months ago (MLSPIN #70940766)

Price History

Date / Event Date Event Price
Sep 30, 2009 Sold
Premium
Sold
Jun 29, 2009 Listed $309,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,016
  • 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: 3,895
  • Gross Building Area: 5,640
  • Building Area: 3,895
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,895
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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:044 L:126 P:
  • Lot: 126
  • Municipality: DANVERS
  • Latitude: 42.5695
  • Longitude: -70.9228

    Address

  • Full Address: 5 Stafford Rd
  • Address - House Number: 5
  • Address - Street Name: Stafford
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2554
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $916,000

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 957,767
  • High Value: 1,104,442
  • Low Value: 811,093

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $824,500
  • Assessed Land Value: $354,000
  • Assessed Improvements Value: $470,500

    Sales

  • Current Sale Recording Date: Sep 30, 2009
  • 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2284 ft²

Average Home Age

87.6 years

Currently For Sale

43 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: 5 months ago
Data Source: MLS PIN, MLS# 70940766

Frequently Asked Questions

When was property at 5 Stafford Road built and last sold?
The property at 5 Stafford Road was built in 1951 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 5 Stafford Road is $317,308.
What are some comparable homes to 5 Stafford Road?
There are currently no comparable homes to 5 Stafford Road.
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