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Danvers 01923
6 Patricia Rd
$700,000
● House - Off Market

6 Patricia Rd

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,302 Ft²
$1,039,651
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Come see this Unique, Custom Split Level Home, 8 Rooms, 4 Bedrooms, 2.5 Baths, and 3 Car Garage, Fabulous Master Suite w/ walk in Closet, Master Bath, and Home Office , Gleaming Hardwood Floors, Dormer-ed Bedrooms, Open Floor Plan, and a Walk Out Lower Level to a Impeccably Maintained and Landscaped Yard perfect for   Entertaining, Seconds to Rt 95/  Rt 1 / Rt 114 ,Shops, Restaurants, and all other amenities. This Home has it All      OFFERS DUE  Tuesday 9/18/18  2:00pm
Unit Size
3,302 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$212
Property Type
House
Property Taxes
$700
HOA Dues
-
Year Built
1966

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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 #72393029)

Price History

Date / Event Date Event Price
Nov 5, 2018 Sold
Premium
Sold
Sep 5, 2018 Listed by Coldwell Banker Residential Brokerage - Arlington $699,000
Listed by Coldwell Banker Residential Brokerage - Arlington

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 7
  • Basement Area: 2,121
  • Garage Type: 17
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,019
  • Total Building Area: 3,302
  • Gross Building Area: 4,624
  • Building Area: 3,302
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,302
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRITTONWOOD
  • Land Acres: 0000000712
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:039 L:040 P:
  • Lot: 40
  • Municipality: DANVERS
  • Latitude: 42.5695
  • Longitude: -70.98

    Address

  • Full Address: 6 Patricia Rd
  • Address - House Number: 6
  • Address - Street Name: Patricia
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 1314
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $892,900

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 926,594
  • High Value: 1,070,001
  • Low Value: 783,188

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $803,700
  • Assessed Land Value: $442,900
  • Assessed Improvements Value: $360,800

    Sales

  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 181105003950

    Financing

  • First Mortgage Financing Type: UNK
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# 72393029

Frequently Asked Questions

When was property at 6 Patricia Road built and last sold?
The property at 6 Patricia Road was built in 1966 and last sold on Jan 1, 1970 for $700,000.
How much is this home worth?
The estimated value of the home located at 6 Patricia Road is $732,729.
What are some comparable homes to 6 Patricia Road?
There are currently no comparable homes to 6 Patricia Road.
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