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Danvers 01923
6 Algonquin Road
$480,000
● House - Off Market

6 Algonquin Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,928 Ft²
$742,669
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Lovingly maintained Ranch set on a fantastic corner lot with a gorgeous in-ground pool near the Putnamville Reservoir. This sunny and spacious home features a formal living room, an open kitchen/dining room with a slider out to the patio and pool, and a versatile den off the kitchen also with patio access. A large mudroom/laundry room with handy entrance to the 2-car garage is located off the den. Offering 3 bedrooms and 2 baths including a master suite with walk-in closet and heart shaped Jacuzzi tub, this home has a mix of flooring including tile, wood, and carpeting. Beautifully landscaped with mature plantings and front and side lawns for recreation. Just a few updates will make this home your own. Welcome home to Danvers!
Unit Size
1,928 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$246
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1964

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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 #72216999)

Price History

Date / Event Date Event Price
Nov 30, 2017 Sold
Premium
Sold
Aug 22, 2017 Listed by LUX Realty North Shore $474,900
Listed by LUX Realty North Shore

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • 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: 18,056
  • Total Building Area: 2,488
  • Gross Building Area: 3,288
  • Building Area: 2,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,488
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROGERS ESTATE
  • Land Acres: 0000000415
  • 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: 211402

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:008 L:029 P:
  • Lot: 29
  • Municipality: DANVERS
  • Latitude: 42.5951
  • Longitude: -70.9549

    Address

  • Full Address: 6 Algonquin Rd
  • Address - House Number: 6
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C019
  • 4-Digit Zip Code: 1212
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $810,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 791,341
  • High Value: 926,228
  • Low Value: 656,454

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $729,500
  • Assessed Land Value: $389,600
  • Assessed Improvements Value: $339,900

    Sales

  • Current Sale Recording Date: Mar 09, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180309001740
  • Previous Sale Recording Date: Nov 30, 2017
  • Previous Sale Amount: $480,000
  • 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:

$699,450

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72216999

Frequently Asked Questions

When was property at 6 Algonquin Road built and last sold?
The property at 6 Algonquin Road was built in 1964 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6 Algonquin Road is $497,435.
What are some comparable homes to 6 Algonquin Road?
There are currently no comparable homes to 6 Algonquin Road.
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