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Danvers 01923
7 Sheffield
$455,000
● House - Off Market

7 Sheffield

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$539,253
RealtyHop Estimate
34.85%
Since Aug 1, 2020
MA-Boston
Primary Model

About This Property

Storybook cape in the most beautiful neighborhood which will make your dreams come true! A true cape with 1st floor master bedroom and 2  bedrooms on 2nd level . Updated Full bath on 1st level. Central air , hardwood flooring on 1st level with the exception of kitchen. Kitchen has access to side entry which is perfect to barbecue and enjoy this neatly manicured beautiful yard .  Showings begin Wed June 10 by appointment and controlled  open houses on Sat June 13  12-1:30 and Sun June 14 12-2 no appointment needed for the open houses PLEASE BRING AGENT'S BUSINESS CARD IF WORKING WITH AN AGENT. Offer deadline is Monday June 15 by 5pm. Please abide by COVID protective  procedures and enjoy viewing this lovely cared for home. Home to be sold in "as is" condition .
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$280
Property Type
House
Property Taxes
$512
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 #72670435)

Price History

Date / Event Date Event Price
Jul 30, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by RE/MAX Property Shoppe, Inc. $399,888
Listed by RE/MAX Property Shoppe, Inc.

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,428
  • Gross Building Area: 2,464
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:044 L:141 P:
  • Lot: 141
  • Municipality: DANVERS
  • Latitude: 42.5694
  • Longitude: -70.9255

    Address

  • Full Address: 7 Sheffield Rd
  • Address - House Number: 7
  • Address - Street Name: Sheffield
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2536
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $640,800

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 67
  • Final Value: 612,408
  • High Value: 754,606
  • Low Value: 470,211

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $576,800
  • Assessed Land Value: $354,000
  • Assessed Improvements Value: $222,800

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200730005480
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

2240 ft²

Average Home Age

84.6 years

Currently For Sale

28 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# 72670435

Frequently Asked Questions

When was property at 7 Sheffield Road built and last sold?
The property at 7 Sheffield Road was built in 1960 and last sold on Jul 29, 2020 for $455,000.
How much is this home worth?
The estimated value of the home located at 7 Sheffield Road is $417,399.
What are some comparable homes to 7 Sheffield Road?
There are currently no comparable homes to 7 Sheffield Road.
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