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Danvers 01923
LOT 6 Peachtree Lane
$699,000
● House - Off Market

LOT 6 Peachtree Lane

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,767 Ft²
$1,267,429
RealtyHop Estimate
83.95%
Since Nov 1, 2004
MA-Boston
Primary Model

About This Property

WONDERFUL "KEYSTONE" PLAN. THIS LOT CAN ACCOMODATE A POOL! TWO STORY FOYER WITH GUEST CLOSET. SPACIOUS FAMILY ROOM WITH FIREPLACE. WINDOW WALL W/DOOR TO MAHOGANY DECK. ATTACHED GARAGE.
Unit Size
2,767 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #30735676)

Price History

Date / Event Date Event Price
May 28, 2010 Sold
Premium
Sold
Oct 4, 2004 Sold
Premium
Sold
Jun 18, 2003 Listed by William Raveis R.E. & Home Services $689,000
Listed by William Raveis R.E. & Home Services

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 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: 8,006
  • Total Building Area: 2,158
  • Gross Building Area: 2,640
  • Building Area: 2,158
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,158
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD FARMS
  • Land Acres: 0000000184
  • 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: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:045 L:046 P:
  • Lot: 46
  • Municipality: DANVERS
  • Latitude: 42.5669
  • Longitude: -70.9181

    Address

  • Full Address: 6 Peach Tree Ln
  • Address - House Number: 6
  • Address - Street Name: Peach Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Danvers
  • Carrier Code: C018
  • 4-Digit Zip Code: 3427
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $756,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 724,908
  • High Value: 847,543
  • Low Value: 602,274

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $681,000
  • Assessed Land Value: $333,500
  • Assessed Improvements Value: $347,500

    Sales

  • Current Sale Recording Date: May 28, 2010
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2254 ft²

Average Home Age

88.6 years

Currently For Sale

37 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

Currently no nearby rentals
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30735676

Frequently Asked Questions

When was property at 6 Peach Tree Lane built and last sold?
The property at 6 Peach Tree Lane was built in 1955 and last sold on Jan 1, 1970 for $315,000.
How much is this home worth?
The estimated value of the home located at 6 Peach Tree Lane is $712,780.
What are some comparable homes to 6 Peach Tree Lane?
There are currently no comparable homes to 6 Peach Tree Lane.
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