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Danvers 01923
7 Robert Road
$405,500
● House - Off Market

7 Robert Road

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,440 Ft²
$591,982
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Move right into this Perfect 3 bedroom 1 bath home with all one level living!  Great level lot for enjoyment and easy maintenance. Located in a quiet neighborhood close to Highland school and Endicott park.  Large basement with interior and exterior access.  Open concept kitchen, dining room and living room.  Hardwood throughout and fireplace in living room.  Bonus three season enclosed porch with windows and screen and carpeting.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$278
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1953

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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 #72355463)

Price History

Date / Event Date Event Price
Aug 29, 2018 Sold
Premium
Sold
Jul 1, 2018 Listed by EXIT Realty Beatrice Associates $399,900
Listed by EXIT Realty Beatrice Associates

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 994
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 994
  • Gross Building Area: 2,168
  • Building Area: 994
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 994
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000184
  • 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:041 L:089 P:
  • Lot: 89
  • Municipality: DANVERS
  • Latitude: 42.5677
  • Longitude: -70.9584

    Address

  • Full Address: 7 Robert Rd
  • Address - House Number: 7
  • Address - Street Name: Robert
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1801
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $584,300

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 619,156
  • High Value: 718,798
  • Low Value: 519,513

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,900
  • Assessed Land Value: $333,500
  • Assessed Improvements Value: $192,400

    Sales

  • Current Sale Recording Date: Sep 06, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180906003590
  • Previous Sale Recording Date: Aug 29, 2018
  • Previous Sale Amount: $405,500
  • Previous Sale Document Type: O
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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72355463

Frequently Asked Questions

When was property at 7 Robert Road built and last sold?
The property at 7 Robert Road was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Robert Road is $414,595.
What are some comparable homes to 7 Robert Road?
There are currently no comparable homes to 7 Robert Road.
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