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Danvers 01923
7 Coolidge Rd
Photo of 7 Coolidge Rd
Sold on Aug 8, 2025

38

Map

Photo of 7 Coolidge Rd
Photo of 7 Coolidge Rd
$675,000
● House - Off Market

7 Coolidge Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,654 Ft²
$3,790
Est. Monthly
4.83%
Cap Rate

About This Property

This Charmin Colonial with gleaming hardwood floors and dining room built ins is ready for it's new owner. This home has great curb appeal as well as an enclosed front porch that provides ample storage for the kids sporting equipment and/or winter gear.  The nicely updated kitchen includes an island for gathering which leads into the open concept living and dining room area making it great for entertaining. The family room with a wood stove offers a nice place to enjoy a cup of coffee or a good book. The partially fenced in yard has a nice deck for grilling as well as a patio for outside dining. This home is located walking distance to the downtown to many restaurants and shopping areas, as well as close to the walking trail and major highways. Check out all that Danvers has to offer.
Unit Size
1,654 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$402
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1920

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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: 2 years ago (MLSPIN #73384964)

Price History

Date / Event Date Event Price
Aug 8, 2025 Sold
Premium
Sold
Jun 26, 2025 In contract -
In contract
Jun 4, 2025 Listed $665,000
Listed
Nov 30, 2000 Sold
Premium
Sold
Oct 24, 2000 Listed $279,900
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 7
  • Basement Area: 804
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,617
  • Total Building Area: 1,654
  • Gross Building Area: 2,653
  • Building Area: 1,654
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • 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:035 L:345 P:
  • Lot: 345
  • Municipality: DANVERS
  • Latitude: 42.5753
  • Longitude: -70.9361

    Address

  • Full Address: 7 Coolidge Rd
  • Address - House Number: 7
  • Address - Street Name: Coolidge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C017
  • 4-Digit Zip Code: 2362
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $624,900

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 669,516
  • High Value: 782,625
  • Low Value: 556,408

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $562,500
  • Assessed Land Value: $319,000
  • Assessed Improvements Value: $243,500

    Sales

  • Current Sale Recording Date: Nov 30, 2000
  • 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:

$699,450

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2255 ft²

Average Home Age

87.3 years

Currently For Sale

39 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: 2 years ago
Data Source: MLS PIN, MLS# 73384964

Frequently Asked Questions

When was property at 7 Coolidge Road built and last sold?
The property at 7 Coolidge Road was built in 1920 and last sold on Jan 1, 1970 for $269,000.
How much is this home worth?
The estimated value of the home located at 7 Coolidge Road is $641,724.
What are some comparable homes to 7 Coolidge Road?
There are currently no comparable homes to 7 Coolidge Road.
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