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Danvers 01923
511 Maple St.
$600,000
● House - Off Market

511 Maple St.

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,064 Ft²
$608,639
RealtyHop Estimate
1.61%
Since Jul 1, 2022
MA-Boston
Primary Model

About This Property

New Price! Spacious single-family in desirable Danvers with just under a 1/2 acre of land waiting for your updates to make it your own. Offering 3 bedrooms, 1 and 1/2 baths, a sunroom, and an additional bonus room over the garage. Two-car garage parking as well ample driveway space. Easy access to Rte 1 and I-95, Lahey Outpatient Ctr., shopping, and the future Danvers rail-trail extension to Middleton.
Unit Size
2,064 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$290
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1913

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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 #72970975)

Price History

Date / Event Date Event Price
Jun 28, 2022 Sold
Premium
Sold
Apr 25, 2022 Listed by J. Barrett & Company $599,000
Listed by J. Barrett & Company
Jul 28, 2008 Sold
Premium
Sold
Apr 2, 2008 Listed by J. Barrett & Company $379,000
Listed by J. Barrett & Company
Aug 26, 1993 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 650
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,809
  • Total Building Area: 2,064
  • Gross Building Area: 3,569
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS
  • Land Acres: 0000000432
  • 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:018 L:010 P:
  • Lot: 10
  • Municipality: DANVERS
  • Latitude: 42.5877
  • Longitude: -70.9725

    Address

  • Full Address: 511 Maple St
  • Address - House Number: 511
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C029
  • 4-Digit Zip Code: 4003
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $635,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 704,943
  • High Value: 816,292
  • Low Value: 593,594

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $571,800
  • Assessed Land Value: $339,700
  • Assessed Improvements Value: $232,100

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jun 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220628000480
  • Previous Sale Recording Date: Jul 28, 2008
  • Previous Sale Amount: $359,000
  • 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

52

Average Home Size

2303 ft²

Average Home Age

86.2 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 months ago
Data Source: MLS PIN, MLS# 72970975

Frequently Asked Questions

When was property at 511 Maple Street built and last sold?
The property at 511 Maple Street was built in 1913 and last sold on Jun 27, 2022 for $600,000.
How much is this home worth?
The estimated value of the home located at 511 Maple Street is $601,080.
What are some comparable homes to 511 Maple Street?
There are currently no comparable homes to 511 Maple Street.
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