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Danvers 01923
7 Ardmore Dr
$450,000
● House - Off Market

7 Ardmore Dr

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,691 Ft²
$750,643
RealtyHop Estimate
55.41%
Since Sep 1, 2017
MA-Boston
Primary Model

About This Property

Charming 5 bedroom Cape with spacious backyard in Danvers. Don't miss out on this great property with so much potential. Harwood floors and a beautiful fireplace make for an inviting space to entertain.  Head outdoors to grill on your new patio, and enjoy your beautiful backyard. The outside boasts new gutters and fresh paint as well as a huge 2 car garage. Be sure to  check out this great opportunity to own a fantastic home in a beautiful neighborhood. Just add your own finishing touches to make this home your own.
Unit Size
2,691 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$179
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
1965

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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 #72174455)

Price History

Date / Event Date Event Price
Dec 22, 2021 Sold
Premium
Sold
Oct 20, 2021 Listed by Keller Williams Realty Evolution $739,900
Listed by Keller Williams Realty Evolution
Aug 4, 2017 Sold
Premium
Sold
Jun 1, 2017 Listed by Keller Williams Realty Evolution $483,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,196
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,113
  • Total Building Area: 2,691
  • Gross Building Area: 4,800
  • Building Area: 2,691
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,691
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000531
  • 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:053 L:122 P:
  • Lot: 122
  • Municipality: DANVERS
  • Latitude: 42.5633
  • Longitude: -70.9128

    Address

  • Full Address: 7 Ardmore Dr
  • Address - House Number: 7
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3401
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $804,800
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 799,260
  • High Value: 922,353
  • Low Value: 676,166

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,400
  • Assessed Land Value: $386,200
  • Assessed Improvements Value: $338,200

    Sales

  • Current Sale Contract Date: Dec 21, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211222001750
  • Previous Sale Recording Date: Aug 04, 2017
  • Previous Sale Amount: $455,000
  • 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:

$699,000

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72174455

Frequently Asked Questions

When was property at 7 Ardmore Drive built and last sold?
The property at 7 Ardmore Drive was built in 1965 and last sold on Dec 21, 2021 for $740,000.
How much is this home worth?
The estimated value of the home located at 7 Ardmore Drive is $736,518.
What are some comparable homes to 7 Ardmore Drive?
There are currently no comparable homes to 7 Ardmore Drive.
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