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Danvers 01923
51 N Putnam
Photo of 51 N Putnam
Sold on Mar 11, 2011

1

Map

$180,000
● House - Off Market

51 N Putnam

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,435 Ft²
$380,921
RealtyHop Estimate
117.70%
Since Apr 1, 2011
MA-Boston
Primary Model

About This Property

What a great opportunity ! Property has had many updates and improvements but needs a new buyer to finish the work. Exterior & interior both need work but finished   will offer an inviting home. Wood floors and  beautiful large fireplace .Property will not meet conventional or FHA financing guidelines. Will require 203K Streamline Loan  or cash transaction. Property needs to be connected to city sewer.
Unit Size
1,435 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$122
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1900

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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: 8 months ago (MLSPIN #71180302)

Price History

Date / Event Date Event Price
Mar 11, 2011 Sold
Premium
Sold
Jan 19, 2011 Listed by Tache Real Estate, Inc. $174,975
Listed by Tache Real Estate, Inc.
Sep 30, 2010 Sold
Premium
Sold
Mar 11, 2010 Listed by Tache Real Estate, Inc. $199,900
Listed by Tache Real Estate, Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 967
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,359
  • Total Building Area: 1,934
  • Gross Building Area: 2,955
  • Building Area: 1,934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,934
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211202

Zoning

  • Zoning: I1

Geography

  • Parcel: DANV M:043 L:519 P:
  • Lot: 519
  • Municipality: DANVERS
  • Latitude: 42.568
  • Longitude: -70.9402

    Address

  • Full Address: 51 N Putnam St
  • Address - House Number: 51
  • Street Direction: N
  • Address - Street Name: Putnam
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C038
  • 4-Digit Zip Code: 2050
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $706,200

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 648,500
  • High Value: 766,248
  • Low Value: 530,751

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $635,600
  • Assessed Land Value: $318,200
  • Assessed Improvements Value: $317,400

    Sales

  • Current Sale Recording Date: Mar 11, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00003110
  • Previous Sale Recording Date: Sep 30, 2010
  • Previous Sale Amount: $170,930
  • Previous Sale Document Type: 34
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

$398

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2321 ft²

Average Home Age

90.5 years

Currently For Sale

41 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: 8 months ago
Data Source: MLS PIN, MLS# 71180302

Frequently Asked Questions

When was property at 51 North Putnam Street built and last sold?
The property at 51 North Putnam Street was built in 1900 and last sold on Jan 1, 1970 for $180,000.
How much is this home worth?
The estimated value of the home located at 51 North Putnam Street is $0.
What are some comparable homes to 51 North Putnam Street?
There are currently no comparable homes to 51 North Putnam Street.
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