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Danvers 01923
6 Massachusetts Ave
$579,900
● House - Off Market

6 Massachusetts Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,056 Ft²
$579,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Excellent Location in the  Heart of Woodvale. This home features Fireplace Living Room, Dining Room Kitchen with original G.E. Cabinet refrigerator, 3 bedrooms 1 and 1/2 baths all on large level private lot  fantastic back yard,  plus Oversized 1 car Garage New Furnace 1st  Showings are at  Open house Sunday June 25, 2023. from 10 am to 12 noon.Any and all Offers Due by 6/27 at 6 pm.  Attached is the Sellers Atty Preferred Offer to Purchase.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$549
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1959

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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 #73129128)

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold
Premium
Sold
Jul 11, 2023 In contract -
In contract
Jun 23, 2023 Listed by The Thomson Companies $579,900
Listed by The Thomson Companies

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 19,863
  • Total Building Area: 1,056
  • Gross Building Area: 1,452
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000456
  • 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:036 L:147 P:
  • Lot: 147
  • Municipality: DANVERS
  • Latitude: 42.5725
  • Longitude: -70.9284

    Address

  • Full Address: 6 Massachusetts Ave
  • Address - House Number: 6
  • Address - Street Name: Massachusetts
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2416
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,700

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 577,237
  • High Value: 681,643
  • Low Value: 472,831

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $524,500
  • Assessed Land Value: $365,000
  • Assessed Improvements Value: $159,500

    Sales

  • Current Sale Contract Date: Nov 20, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20231120003040
  • Previous Sale Recording Date: Nov 06, 2018
  • 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

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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# 73129128

Frequently Asked Questions

When was property at 6 Massachusetts Avenue built and last sold?
The property at 6 Massachusetts Avenue was built in 1959 and last sold on Nov 20, 2023 for $579,900.
How much is this home worth?
The estimated value of the home located at 6 Massachusetts Avenue is $579,006.
What are some comparable homes to 6 Massachusetts Avenue?
There are currently no comparable homes to 6 Massachusetts Avenue.
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