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Danvers 01923
7 Jacobs Ave.
Photo of 7 Jacobs Ave.
Sold on Mar 31, 2006

1

Map

$599,900
● House - Off Market

7 Jacobs Ave.

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,300 Ft²
$1,081,286
RealtyHop Estimate
80.24%
Since Apr 1, 2006
MA-Boston
Primary Model

About This Property

Tastefully done this new construction with open concept and 2 car attached garage, maple cabinets with stainless, appliances, hardwood in kitchen, living room, office and dining room. Central air, central vac, cathedral ceilings.   Peak water views of the Danvers River, located in great, well established neighborhood.  Master on the first floor with large master bath with jacuzzi and walk in closet.  Large basement for expansion possibilities.  Beautifully done with recessed lighting throughou
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$261
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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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 #70267936)

Price History

Date / Event Date Event Price
Apr 3, 2006 Sold
Premium
Sold
Sep 26, 2005 Listed $599,900
Listed
Jul 29, 2005 Sold
Premium
Sold
May 19, 2005 Listed $289,900
Listed

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,484
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,669
  • Total Building Area: 2,175
  • Gross Building Area: 4,934
  • Building Area: 2,175
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,175
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000314
  • 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:067 L:011A P:
  • Lot: 11A
  • Municipality: DANVERS
  • Latitude: 42.5429
  • Longitude: -70.9178

    Address

  • Full Address: 7 Jacobs Ave
  • Address - House Number: 7
  • Address - Street Name: Jacobs
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C008
  • 4-Digit Zip Code: 3740
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $821,000

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 887,217
  • High Value: 1,037,178
  • Low Value: 737,255

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $739,000
  • Assessed Land Value: $370,200
  • Assessed Improvements Value: $368,800

    Sales

  • Current Sale Recording Date: Apr 03, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 79439
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

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70267936

Frequently Asked Questions

When was property at 7 Jacobs Avenue built and last sold?
The property at 7 Jacobs Avenue was built in 2005 and last sold on Jan 1, 1970 for $599,900.
How much is this home worth?
The estimated value of the home located at 7 Jacobs Avenue is $624,090.
What are some comparable homes to 7 Jacobs Avenue?
There are currently no comparable homes to 7 Jacobs Avenue.
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