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Danvers 01923
58 Burley St
$1,040,000
● House - Off Market

58 Burley St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$1,131,417
RealtyHop Estimate
2.86%
Since Aug 1, 2022
MA-Boston
Primary Model

About This Property

The wait is OVER. No dollar was spared in this 3300sqft, 4 bed 3 full bath Contemporary new Construction.  This home boasts corian counter tops in the Open concept kitchen. Thermador stainless steel appliances. Custom Cabinetry. Walk in Pantry with 1st floor Laundry room, Open concept Living room / Dining room. with a second Living / Dining Room / Office. Vaulted Ceilings. Hardie board siding, 3 full bathrooms with custom tiled showers. 1st floor Master Suite with a walk in closet and french doors that lead out to the back yard patio. 3 more very spacious bedrooms.  Beautiful farmers porch. Set on over a half acre of land. On demand Hot water tank and On demand fire place. Large yard with custom built fire pit. AND SO MUCH MORE.  This home is a must see.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$333
Property Type
House
Property Taxes
-
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: 4 months ago (MLSPIN #72974641)

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold
Premium
Sold
May 2, 2022 Listed by Keller Williams Realty Evolution $1,100,000
Listed by Keller Williams Realty Evolution
May 28, 2021 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2021
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 24,690
  • Total Building Area: 2,800
  • Gross Building Area: 3,772
  • Building Area: 2,800
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 22
  • Heated Square Feet: 2,800
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000567
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Danvers School District
  • School Tax School District: DANVERS SD
  • Census Tract: 211300

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:036 L:041 P:
  • Lot: 41
  • Municipality: DANVERS
  • Latitude: 42.5744
  • Longitude: -70.9244

    Address

  • Full Address: 58 Burley St
  • Address - House Number: 58
  • Address - Street Name: Burley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2558
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,245,000
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,152,436
  • High Value: 1,332,052
  • Low Value: 972,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,120,600
  • Assessed Land Value: $386,800
  • Assessed Improvements Value: $733,800

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220708004220
  • Previous Sale Recording Date: May 28, 2021
  • Previous Sale Contract Date: May 28, 2021
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: O
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72974641

Frequently Asked Questions

When was property at 58 Burley Street built and last sold?
The property at 58 Burley Street was built in 1960 and last sold on Jul 8, 2022 for $1,040,000.
How much is this home worth?
The estimated value of the home located at 58 Burley Street is $1,113,537.
What are some comparable homes to 58 Burley Street?
There are currently no comparable homes to 58 Burley Street.
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