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Danvers 01923
55 Longbow Road
$600,000
● House - Off Market

55 Longbow Road

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,225 Ft²
$844,694
RealtyHop Estimate
40.81%
Since Mar 1, 2020
MA-Boston
Primary Model

About This Property

Spacious split-level home with open floor plan located in desirable St. John's Prep neighborhood!  The kitchen and family room with cathedral ceilings are flooded with natural light from skylights and several windows.  Just off the family room is the screened in porch. In addition to 4 bedrooms, 3 full baths, there are many extras including hardwood floors, two fireplaces, central vac, central air, sprinkler system and security system.  The extra-large lower level brings great potential for extended living/guest suite with full bath and great room.  Sliders lead out to the private deck and yard.  Two car garage. Easy access to all major highways, shopping and dining that Danvers has to offer. Located in Smith School district - brand new elementary school 2021. Showings Begin Sunday 10/6 11-12:30
Unit Size
3,225 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$186
Property Type
House
Property Taxes
$672
HOA Dues
-
Year Built
1977

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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 #72572934)

Price History

Date / Event Date Event Price
Feb 28, 2020 Sold
Premium
Sold
Oct 1, 2019 Listed by Coldwell Banker Residential Brokerage - Beverly $599,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Dec 29, 2009 Sold
Premium
Sold
Jun 16, 2009 Listed by Coldwell Banker Residential Brokerage - Beverly $479,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Aug 29, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 7
  • Basement Area: 1,804
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,954
  • Gross Building Area: 4,476
  • Building Area: 2,954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,954
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DANVERS PINEWOOD FOREST
  • Land Acres: 0000000459
  • 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: R2

Geography

  • Parcel: DANV M:020 L:131 P:
  • Lot: 131
  • Municipality: DANVERS
  • Latitude: 42.5832
  • Longitude: -70.9444

    Address

  • Full Address: 55 Longbow Rd
  • Address - House Number: 55
  • Address - Street Name: Longbow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1635
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $850,800

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 839,567
  • High Value: 982,525
  • Low Value: 696,609

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $765,800
  • Assessed Land Value: $398,300
  • Assessed Improvements Value: $367,500

    Sales

  • Current Sale Contract Date: Feb 13, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200228004530
  • Previous Sale Recording Date: Dec 29, 2009
  • Previous Sale Amount: $485,000
  • 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:

$699,000

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: 4 months ago
Data Source: MLS PIN, MLS# 72572934

Frequently Asked Questions

When was property at 55 Long Bow Road built and last sold?
The property at 55 Long Bow Road was built in 1977 and last sold on Feb 13, 2020 for $600,000.
How much is this home worth?
The estimated value of the home located at 55 Long Bow Road is $630,955.
What are some comparable homes to 55 Long Bow Road?
There are currently no comparable homes to 55 Long Bow Road.
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