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Danvers 01923
55 Burley St
Photo of 55 Burley St
Sold on Apr 10, 2026

21

Map

Photo of 55 Burley St
Photo of 55 Burley St
$560,000
● House - Off Market

55 Burley St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
864 Ft²
$2,932
Est. Monthly

About This Property

Available to the open market for the first time in over 60 years! This home offers single level living featuring 3 bedrooms, open concept, eat-in kitchen/living room, full bathroom and a 1 car-garage.  A great opportunity for those just starting out, downsizing or anyone looking to refresh this property and make it their own.  Situated on an 18,000+ sq/ft lot within close proximity to commuter routes, area amenities, schools and the Woodvale Playground.  Easy to show!
Unit Size
864 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$579
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1960

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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: 6 months ago (MLSPIN #73477821)

Price History

Date / Event Date Event Price
Apr 10, 2026 Sold
Premium
Sold
Feb 26, 2026 In contract -
In contract
Feb 16, 2026 Listed by Lamacchia Realty, Inc. $499,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • 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: 18,125
  • Total Building Area: 864
  • Gross Building Area: 1,320
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 864
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000416
  • 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:055 P:
  • Lot: 55
  • Municipality: DANVERS
  • Latitude: 42.5746
  • Longitude: -70.9239

    Address

  • Full Address: 55 Burley St
  • Address - House Number: 55
  • Address - Street Name: Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2560
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,500
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 560,011
  • High Value: 648,467
  • Low Value: 471,555

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $513,500
  • Assessed Land Value: $376,700
  • Assessed Improvements Value: $136,800
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:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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: 6 months ago
Data Source: MLS PIN, MLS# 73477821

Frequently Asked Questions

When was property at 55 Burley Street built and last sold?
The property at 55 Burley Street was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 55 Burley Street is $0.
What are some comparable homes to 55 Burley Street?
There are currently no comparable homes to 55 Burley Street.
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