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Danvers 01923
56 N.Belgian Rd
$355,000
● House - Off Market

56 N.Belgian Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,704 Ft²
$655,753
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model

About This Property

Come & view this lovely, one level living open concept home.Cathedral ceiling living room with beautiful fireplace & a wall of windows with french doors . Doors lead out to large deck overlooking very nice fenced yard. Over sized shed for all your stuff.
Unit Size
1,704 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$211
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1961

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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 #71732571)

Price History

Date / Event Date Event Price
Oct 23, 2014 Sold
Premium
Sold
Aug 21, 2014 Listed by Coldwell Banker Residential Brokerage - Beverly $359,000
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 11,252
  • Total Building Area: 1,704
  • Gross Building Area: 2,356
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000258
  • 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:035 L:221 P:
  • Lot: 221
  • Municipality: DANVERS
  • Latitude: 42.5739
  • Longitude: -70.9332

    Address

  • Full Address: 56 N Belgian Rd
  • Address - House Number: 56
  • Street Direction: N
  • Address - Street Name: Belgian
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2420
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $645,000

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 665,548
  • High Value: 778,993
  • Low Value: 552,103

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $580,600
  • Assessed Land Value: $347,300
  • Assessed Improvements Value: $233,300

    Sales

  • Current Sale Recording Date: Oct 23, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 102300181
  • Previous Sale Recording Date: Aug 06, 2014
  • 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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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# 71732571

Frequently Asked Questions

When was property at 56 North Belgian Road built and last sold?
The property at 56 North Belgian Road was built in 1961 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 56 North Belgian Road is $379,734.
What are some comparable homes to 56 North Belgian Road?
There are currently no comparable homes to 56 North Belgian Road.
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