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Danvers 01923
59 Burley St
$362,000
● House - Off Market

59 Burley St

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,312 Ft²
$653,950
RealtyHop Estimate
81.67%
Since Jun 1, 2014
MA-Boston
Primary Model

About This Property

Multiple offer notification and highest and best are due by 4:00pm 04/19/2014.Wonderful location !! Desirable Thorpe School district with easy access to commuter routes, schools and downtown.Renovated ranch style with single level living featuring 4 bedrooms, gleaming bamboo floors, porcelain tiles, fully renovated kitchen  with  granite counter top, stainless steel appliances and full laundry  equipment; renovated bathroom, new  windows thru out and freshly painted interior walls, trim and ceilings. The kitchen has nice L shape island and the Ion column in the family room which gives a great charm..Within walking distance to all three age level schools in Danvers and a short walk to downtown. .call for details.....
Unit Size
1,312 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$274
Property Type
House
Property Taxes
$348
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 #71661373)

Price History

Date / Event Date Event Price
May 30, 2014 Sold
Premium
Sold
Apr 15, 2014 Listed by United Brokers $359,974
Listed by United Brokers
Feb 28, 2014 Sold
Premium
Sold
Feb 3, 2014 Listed by United Brokers $264,900
Listed by United Brokers

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 18,125
  • Total Building Area: 1,312
  • Gross Building Area: 1,656
  • Building Area: 1,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,312
  • Heating Fuel Type: 3

    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:053 P:
  • Lot: 53
  • Municipality: DANVERS
  • Latitude: 42.5752
  • Longitude: -70.9244

    Address

  • Full Address: 59 Burley St
  • Address - House Number: 59
  • 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: $640,400

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 639,163
  • High Value: 748,111
  • Low Value: 530,216

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,400
  • Assessed Land Value: $376,700
  • Assessed Improvements Value: $199,700

    Sales

  • Current Sale Recording Date: May 30, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53000550
  • Previous Sale Recording Date: Feb 28, 2014
  • Previous Sale Amount: $238,500
  • 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71661373

Frequently Asked Questions

When was property at 59 Burley Street built and last sold?
The property at 59 Burley Street was built in 1960 and last sold on Jan 1, 1970 for $362,000.
How much is this home worth?
The estimated value of the home located at 59 Burley Street is $368,205.
What are some comparable homes to 59 Burley Street?
There are currently no comparable homes to 59 Burley Street.
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