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Danvers 01923
7 Larrabee Ave
Photo of 7 Larrabee Ave
Sold on Oct 23, 2007

1

Map

$375,000
● House - Off Market

7 Larrabee Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,671 Ft²
$793,729
RealtyHop Estimate
91.26%
Since Nov 1, 2007
MA-Boston
Primary Model

About This Property

Freshly painted Colonial on a cul-de-sac in St. John Prep Area. Convenient to major routes yet tucked away in a quiet setting.  3 BR/2BA, HW floors, FP in LR, oversized kitchen opens up to a separate dining area.  Bay window in a sunny and airy Family room overlooks fenced flat back yard.  Sliders from FR and Dining room to a nice deck.  Master bedroom with cathedral ceiling, skylight and a full bath.  Warm family neighborhood close to parks, schools and shopping.
Unit Size
1,671 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$248
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1915

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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: 5 months ago (MLSPIN #70632613)

Price History

Date / Event Date Event Price
Oct 23, 2007 Sold
Premium
Sold
Aug 16, 2007 Listed $415,000
Listed
Nov 22, 2002 Sold
Premium
Sold
Nov 1, 2001 Sold
Premium
Sold
Jun 17, 2001 Listed by RE/MAX First Class $349,900
Listed by RE/MAX First Class
CLOSING CAN BE IMMEDIATE.VERY MOTIVATED SELLERS!!! OPEN HOUSE 9/30 ( 2-4 ) & 10/7 ( 2-4 ) OPEN CONCEPT 3 SKYLIGHTS ,CATHEDRAL CEILING FR & MASTER BR UPDATED KITCHEN! MOSTLY RENOVATED IN 1992! LIKE NEW!!!!!!

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 957
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,948
  • Total Building Area: 1,671
  • Gross Building Area: 2,798
  • Building Area: 1,671
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,671
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:034 L:039 P:
  • Lot: 39
  • Municipality: DANVERS
  • Latitude: 42.5724
  • Longitude: -70.9544

    Address

  • Full Address: 7 Larrabee Ave
  • Address - House Number: 7
  • Address - Street Name: Larrabee
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1827
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,900

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 682,807
  • High Value: 799,194
  • Low Value: 566,420

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $601,200
  • Assessed Land Value: $320,400
  • Assessed Improvements Value: $280,800

    Sales

  • Current Sale Recording Date: Oct 23, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 22, 2002
  • Previous Sale Amount: $380,000
  • 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:

$709,900

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2218 ft²

Average Home Age

96.2 years

Currently For Sale

38 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: 5 months ago
Data Source: MLS PIN, MLS# 70632613

Frequently Asked Questions

When was property at 7 Larrabee Avenue built and last sold?
The property at 7 Larrabee Avenue was built in 1915 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 7 Larrabee Avenue is $433,274.
What are some comparable homes to 7 Larrabee Avenue?
There are currently no comparable homes to 7 Larrabee Avenue.
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