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Danvers 01923
5 Thorpe Cir
$595,000
● House - Off Market

5 Thorpe Cir

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,284 Ft²
$1,057,328
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

Featuring 5 bedrooms, 2 full & 2 -1/2 baths, large open kitchen with center island/bar, with  separate eating area and  pellet stove.  Sparkling hardwood floors on the 1st level, beautiful Custom Stone fireplace with built in cabinets in the living room, separate den on the 1st level and office on the 2nd level. Walk out the rear door to an open porch leading to a huge patio all overlooking the private yard, above ground pool, 2 storage sheds, plus lots of open space. Short walk to Veterans Memorial Field with paved walking/jogging path, 2  soccer/lacrosse fields and children's play  area, or walk to the Proctor Farm Conservation area/trails........
Unit Size
2,284 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$267
Property Type
House
Property Taxes
$631
HOA Dues
-
Year Built
1995

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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 #71830435)

Price History

Date / Event Date Event Price
Aug 28, 2015 Sold
Premium
Sold
May 5, 2015 Listed by Keller Williams Realty Evolution $609,000
Listed by Keller Williams Realty Evolution
Jun 17, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,164
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,185
  • Total Building Area: 2,284
  • Gross Building Area: 4,908
  • Building Area: 2,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,284
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE SEC D
  • Land Acres: 0000000509
  • 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:036 L:264 P:
  • Lot: 264
  • Municipality: DANVERS
  • Latitude: 42.5742
  • Longitude: -70.9208

    Address

  • Full Address: 5 Thorpe Cir
  • Address - House Number: 5
  • Address - Street Name: Thorpe
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 4601
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $990,500

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 996,636
  • High Value: 1,150,882
  • Low Value: 842,389

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $891,500
  • Assessed Land Value: $428,700
  • Assessed Improvements Value: $462,800

    Sales

  • Current Sale Recording Date: Aug 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 187
  • Previous Sale Recording Date: Jun 17, 1994
  • Previous Sale Amount: $107,500
  • 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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: 4 months ago
Data Source: MLS PIN, MLS# 71830435

Frequently Asked Questions

When was property at 5 Thorpe Circle built and last sold?
The property at 5 Thorpe Circle was built in 1995 and last sold on Jan 1, 1970 for $595,000.
How much is this home worth?
The estimated value of the home located at 5 Thorpe Circle is $614,079.
What are some comparable homes to 5 Thorpe Circle?
There are currently no comparable homes to 5 Thorpe Circle.
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