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Danvers 01923
7 Roman Ave
$530,000
● House - Off Market

7 Roman Ave

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,493 Ft²
$783,108
RealtyHop Estimate
42.41%
Since Nov 1, 2019
MA-Boston
Primary Model

About This Property

IN-LAW POTENTIAL!  BRING THE EXTENDED FAMILY! DON'T MISS THIS EXPANDED Cape with a super FLEXIBLE floor plan. This WELL MAINTAINED home offers A LOT of SPACE. SEPARATE entrances, one of which enters into an adorable HEATED sunroom/porch . Features include DINING ROOM, UPDATED KITCHEN w/granite & SS appliances OPEN to the living room, TWO Staircases, HARDWOOD THROUGHOUT, FULL BATHS on 1st & 2nd levels. 1st floor bedroom, Spacious family room w/FIREPLACE over looking a BEAUTIFULLY landscaped yard w/BRICK PATIO , FIRE PIT. and a SHED w/ELECTRICITY!  2nd floor features TWO BEDROOMS and TWO BONUS ROOMS for office/playroom space or more bedrooms!  All this and MUCH more JUST MINUTES to 95/128 !!  A MUST SEE !
Unit Size
2,493 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$221
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
1960

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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 #72554035)

Price History

Date / Event Date Event Price
Oct 24, 2019 Sold
Premium
Sold
Aug 23, 2019 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $549,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Oct 16, 2015 Sold
Premium
Sold
Aug 12, 2015 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $449,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Jul 31, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 1,374
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,771
  • Total Building Area: 2,493
  • Gross Building Area: 4,272
  • Building Area: 2,493
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,493
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000178
  • 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:053 L:186 P:
  • Lot: 186
  • Municipality: DANVERS
  • Latitude: 42.5605
  • Longitude: -70.9115

    Address

  • Full Address: 7 Roman Ave
  • Address - House Number: 7
  • Address - Street Name: Roman
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3820
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $770,700

    Appraisal Valuation

  • Standard Deviation: 0.1547
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 757,559
  • High Value: 874,910
  • Low Value: 640,209

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $693,700
  • Assessed Land Value: $332,500
  • Assessed Improvements Value: $361,200

    Sales

  • Current Sale Contract Date: Oct 16, 2019
  • Current Sale Recording Date: Oct 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20191024003450
  • Previous Sale Recording Date: Oct 16, 2015
  • Previous Sale Amount: $450,000
  • 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:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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# 72554035

Frequently Asked Questions

When was property at 7 Roman Avenue built and last sold?
The property at 7 Roman Avenue was built in 1960 and last sold on Oct 16, 2019 for $530,000.
How much is this home worth?
The estimated value of the home located at 7 Roman Avenue is $574,429.
What are some comparable homes to 7 Roman Avenue?
There are currently no comparable homes to 7 Roman Avenue.
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