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Danvers 01923
70 Sylvan Street
$367,000
● House - Off Market

70 Sylvan Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,528 Ft²
$550,287
RealtyHop Estimate
42.97%
Since Jan 1, 2020
MA-Boston
Primary Model

About This Property

Beautiful flat corner lot for this unique three bedroom antique home with a two car detached garage and separate shed for storage. The house has a maintenance free vinyl exterior with many replacement windows. Enter the home thru a large unheated mudroom with double closets. The eat-in kitchen has a large pantry closet and plenty of cabinet space. Enter the dining room with a built-in china cabinet and some hardwood under the wall to wall carpeting. The cozy living room has hardwood under the carpet and two more closets. One smaller bedroom on the first floor could also be used as an office space. There are two more bedroom spaces and a bonus room on the second level.  Bring your creative ideas to update this home. Minutes from downtown restaurants, shops and library and close to major routes.  Sold "AS IS AS SEEN"
Unit Size
1,528 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$252
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1848

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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 #72562681)

Price History

Date / Event Date Event Price
Dec 27, 2019 Sold
Premium
Sold
Sep 10, 2019 Listed by Century 21 North East $384,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1848
  • Effective Year Built: 1848
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • 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: 806
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,582
  • Gross Building Area: 2,722
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: 211201

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:058 L:001 P:
  • Lot: 1
  • Municipality: DANVERS
  • Latitude: 42.5574
  • Longitude: -70.9428

    Address

  • Full Address: 70 Sylvan St
  • Address - House Number: 70
  • Address - Street Name: Sylvan
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C005
  • 4-Digit Zip Code: 2722
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,200
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2375
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 66
  • Final Value: 584,188
  • High Value: 722,933
  • Low Value: 445,442

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $494,300
  • Assessed Land Value: $306,900
  • Assessed Improvements Value: $187,400

    Sales

  • Current Sale Contract Date: Dec 27, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20191227005110
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72562681

Frequently Asked Questions

When was property at 70 Sylvan Street built and last sold?
The property at 70 Sylvan Street was built in 1848 and last sold on Dec 27, 2019 for $367,000.
How much is this home worth?
The estimated value of the home located at 70 Sylvan Street is $399,514.
What are some comparable homes to 70 Sylvan Street?
There are currently no comparable homes to 70 Sylvan Street.
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