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Danvers 01923
7 Bunting Way
$750,000
● House - Off Market

7 Bunting Way

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,293 Ft²
$1,697,289
RealtyHop Estimate
108.28%
Since Nov 1, 2012
MA-Boston
Primary Model

About This Property

A must see 2008 home that combines location, layout, & quality for the perfect combination. Location: quiet cul-de-sac neighborhood near Topsfield/Wenham, overlooks conservation land, desirable Smith school. Layout: Rooms are spacious and functional (see floorplan). Dramatic entrance, large sun-filled windows, and grand master bedroom with sitting area, walk-in closet and Jacuzzi. Quality: No expense spared: Stone Fireplace, Coffered and Tray Ceilings, 2 Staircases, Oversized Kitchen and Island
Unit Size
4,293 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$190
Property Type
House
Property Taxes
$818
HOA Dues
-
Year Built
2007

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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 #71371221)

Price History

Date / Event Date Event Price
Oct 17, 2012 Sold
Premium
Sold
Apr 22, 2012 Listed by Northeast Development & Investment, Inc. $814,900
Listed by Northeast Development & Investment, Inc.
Mar 14, 2008 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • 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: 2,235
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,272
  • Total Building Area: 4,227
  • Gross Building Area: 7,528
  • Building Area: 4,227
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,227
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHOATE FARM
  • Land Acres: 0000000351
  • 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: R3

Geography

  • Parcel: DANV M:010 L:054 P:
  • Lot: 54
  • Municipality: DANVERS
  • Latitude: 42.5998
  • Longitude: -70.9359

    Address

  • Full Address: 7 Bunting Way
  • Address - House Number: 7
  • Address - Street Name: Bunting
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Danvers
  • Carrier Code: C006
  • 4-Digit Zip Code: 1278
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,338,200

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 1,287,268
  • High Value: 1,506,543
  • Low Value: 1,067,994

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,204,500
  • Assessed Land Value: $396,500
  • Assessed Improvements Value: $808,000

    Sales

  • Current Sale Recording Date: Oct 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Mar 14, 2008
  • Previous Sale Amount: $839,780
  • 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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2238 ft²

Average Home Age

84.8 years

Currently For Sale

36 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# 71371221

Frequently Asked Questions

When was property at 7 Bunting Way built and last sold?
The property at 7 Bunting Way was built in 2007 and last sold on Jan 1, 1970 for $750,000.
How much is this home worth?
The estimated value of the home located at 7 Bunting Way is $857,576.
What are some comparable homes to 7 Bunting Way?
There are currently no comparable homes to 7 Bunting Way.
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