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Danvers 01923
59 Hobart Street
Photo of 59 Hobart Street
Sold on Mar 25, 2011

1

Map

$255,000
● House - Off Market

59 Hobart Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,756 Ft²
$585,614
RealtyHop Estimate
117.70%
Since Apr 1, 2011
MA-Boston
Primary Model

About This Property

Many special features, large deck off living room, gas operated wood stove, master suite with beamed cathedral ceiling, and picture window.  Lower level perfect for teenagers, returning children, guests or parents.  Sliders step to Jacuzzi hot tub.  Yard with ample parking, oversized 1 car garage, rear yard ideal for garden, play area and fenced in.  2 hot top driveways.  Must see!  Property to be sold "AS IS"   OFFERS WELCOME!
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$153
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1900

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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: 7 months ago (MLSPIN #71156844)

Price History

Date / Event Date Event Price
Mar 25, 2011 Sold
Premium
Sold
Oct 28, 2010 Listed by Ralph Leonard Associates $269,000
Listed by Ralph Leonard Associates
Jan 12, 1989 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 648
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,072
  • Total Building Area: 2,015
  • Gross Building Area: 2,301
  • Building Area: 2,015
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,015
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000185
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:042 L:072 P:
  • Lot: 72
  • Municipality: DANVERS
  • Latitude: 42.5653
  • Longitude: -70.9445

    Address

  • Full Address: 59 Hobart St
  • Address - House Number: 59
  • Address - Street Name: Hobart
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C004
  • 4-Digit Zip Code: 1943
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $541,400

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 631,580
  • High Value: 747,242
  • Low Value: 515,917

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $487,300
  • Assessed Land Value: $294,800
  • Assessed Improvements Value: $192,500

    Sales

  • Current Sale Recording Date: Mar 25, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 12, 1989
  • Previous Sale Amount: $80,000
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2259 ft²

Average Home Age

86.7 years

Currently For Sale

38 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: 7 months ago
Data Source: MLS PIN, MLS# 71156844

Frequently Asked Questions

When was property at 59 Hobart Street built and last sold?
The property at 59 Hobart Street was built in 1900 and last sold on Jan 1, 1970 for $259,500.
How much is this home worth?
The estimated value of the home located at 59 Hobart Street is $0.
What are some comparable homes to 59 Hobart Street?
There are currently no comparable homes to 59 Hobart Street.
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