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Danvers 01923
7 Glen Ave
Photo of 7 Glen Ave
Sold on Aug 31, 2011

1

Map

$389,000
● House - Off Market

7 Glen Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,800 Ft²
$827,384
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Riverfront is less than 1 mile to public access area. Drop your kayak in at the end of street & the "Danvers" public beach is just across the river. The DYC-Marina is only 1/2 mile away. This is a unique split entry home with a 100k+ custom built, architectural designed addition built in '04. The addition was upscale, w/ high quality materials, Andersen windows, cherry-maple-oak hardwood floors, gas fireplace, master bed/bath, skylights, built-in closets, new siding & roof for house, patio, etc.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$143
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1982

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 28 days ago (MLSPIN #71235721)

Price History

Date / Event Date Event Price
Aug 31, 2011 Sold
Premium
Sold
May 19, 2011 Listed by The Greene Realty Group $399,000
Listed by The Greene Realty Group
Sep 1, 1987 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1,333
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,263
  • Total Building Area: 2,301
  • Gross Building Area: 2,863
  • Building Area: 2,301
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,301
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DETTORE & DELORENZO
  • Land Acres: 0000000190
  • 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:060 L:138 P:
  • Lot: 138
  • Municipality: DANVERS
  • Latitude: 42.5578
  • Longitude: -70.9135

    Address

  • Full Address: 7 Glen Ave
  • Address - House Number: 7
  • Address - Street Name: Glen
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3808
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $696,000

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 796,886
  • High Value: 958,512
  • Low Value: 635,260

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,500
  • Assessed Land Value: $334,600
  • Assessed Improvements Value: $291,900

    Sales

  • Current Sale Recording Date: Aug 31, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 01, 1987
  • Previous Sale Amount: $159,500
  • 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:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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: 28 days ago
Data Source: MLS PIN, MLS# 71235721

Frequently Asked Questions

When was property at 7 Glen Avenue built and last sold?
The property at 7 Glen Avenue was built in 1982 and last sold on Jan 1, 1970 for $389,000.
How much is this home worth?
The estimated value of the home located at 7 Glen Avenue is $439,212.
What are some comparable homes to 7 Glen Avenue?
There are currently no comparable homes to 7 Glen Avenue.
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