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Danvers 01923
Lot 5 Twin Echo Lane
$695,000
● House - Off Market

Lot 5 Twin Echo Lane

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,256 Ft²
$1,272,058
RealtyHop Estimate
81.75%
Since Mar 1, 2015
MA-Boston
Primary Model

About This Property

DANVERS NEW CONSTRUCTION This Spectacular New Home Features 10 Rms.4 bedrooms, 2.5 baths. The First Floor has Formal Living Rm, Study, Formal Dining Rm., Large Granite Kitchen with Stainless Appliances open to Dining Area and Fireplace Family Rm., and Slider to Private Deck overlooking Private back yard.  Upstairs has Master Suite Laundry, Guest Full Bath and another 3 bedrooms.  All on Quiet New Cul de Sac. yet close to Rte 1 and 95  Walk out Basement great for in law apt.   Call now to pick out flooring Fantastic flat large back yard on dead end street
Unit Size
3,256 Ft²
Days on Market
-
Land Size
0.83 acres
Price per sqft
$215
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 years ago (MLSPIN #71729517)

Price History

Date / Event Date Event Price
Feb 27, 2015 Sold
Premium
Sold
Aug 15, 2014 Listed by Keller Williams Realty Evolution $699,900
Listed by Keller Williams Realty Evolution
May 5, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 147,141
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003378
  • 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:040 L:088 P:
  • Lot: 88
  • Municipality: DANVERS
  • Latitude: 42.569
  • Longitude: -70.9774

    Address

  • Full Address: 5 Twin Echo Ln
  • Address - House Number: 5
  • Address - Street Name: Twin Echo
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 1282
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $580,400

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 805,067
  • High Value: 929,664
  • Low Value: 680,469

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,400
  • Assessed Land Value: $512,700
  • Assessed Improvements Value: $9,700

    Sales

  • Current Sale Recording Date: Jan 12, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180112004510
  • Previous Sale Recording Date: May 05, 2014
  • Previous Sale Amount: $395,000
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 years

Currently For Sale

38 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 years ago
Data Source: MLS PIN, MLS# 71729517

Frequently Asked Questions

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