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Danvers 01923
7 Seneca Dr
$575,000
● House - Off Market

7 Seneca Dr

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,270 Ft²
$821,323
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

First Time available in over 50+ Years! Location, Location, Location...  Wow the yard is amazing! Solid 4 bedroom home with 2 car garage has all the space your looking for! Large living room with fireplace and second living area with connection to sunroom, deck and the back yard large enough for a sporting event. Great condition with newer roof, just needs interior updates and costmetics, so bring your ideas to create your dream house! Location you never thought a house would come in this neighborhood, right? Close to everything, downtown, shopping the malls, highway access and St John's Prep!  Open Saturday 12-2pm for first showings, Offers due by Monday 5pm 10/29.
Unit Size
2,270 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$242
Property Type
House
Property Taxes
$549
HOA Dues
-
Year Built
1968

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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 years ago (MLSPIN #72416168)

Price History

Date / Event Date Event Price
Dec 14, 2018 Sold
Premium
Sold
Oct 26, 2018 Listed by Maria Fabiano Realty $549,900
Listed by Maria Fabiano Realty

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 1,087
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,262
  • Total Building Area: 1,919
  • Gross Building Area: 3,865
  • Building Area: 1,919
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,919
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000649
  • 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: 211300

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:026 L:113 P:
  • Lot: 113
  • Municipality: DANVERS
  • Latitude: 42.577
  • Longitude: -70.9468

    Address

  • Full Address: 7 Seneca Dr
  • Address - House Number: 7
  • Address - Street Name: Seneca
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C021
  • 4-Digit Zip Code: 1630
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $815,700

    Appraisal Valuation

  • Standard Deviation: 0.1538
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 789,815
  • High Value: 923,869
  • Low Value: 655,761

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $734,200
  • Assessed Land Value: $401,900
  • Assessed Improvements Value: $332,300

    Sales

  • Current Sale Contract Date: Dec 06, 2018
  • Current Sale Recording Date: Dec 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20181214005740
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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2254 ft²

Average Home Age

88.6 years

Currently For Sale

37 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

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Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72416168

Frequently Asked Questions

When was property at 7 Seneca Drive built and last sold?
The property at 7 Seneca Drive was built in 1968 and last sold on Dec 6, 2018 for $575,000.
How much is this home worth?
The estimated value of the home located at 7 Seneca Drive is $0.
What are some comparable homes to 7 Seneca Drive?
There are currently no comparable homes to 7 Seneca Drive.
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