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Danvers 01923
72 Sylvan Street
$451,000
● House - Off Market

72 Sylvan Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,838 Ft²
$708,925
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model

About This Property

Wonderful home sited on a level lot walking distance to the library and downtown Danvers.  This home boasts gleaming hardwood floors, large family room and first floor laundry. The remodeled kitchen with recessed lighting, stainless appliances, center island and quartz countertops is warm and inviting.  Three bedrooms including a master suite with sitting area and walk-in closet. The first floor study has the potential for a first floor master.  Enjoy the benefits of solar power, take comfort in central air and the convenience of a 2-car garage. Ask how this home can give you passive income. Close proximity to major routes.
Unit Size
1,838 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$228
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1900

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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 #71960266)

Price History

Date / Event Date Event Price
Apr 20, 2016 Sold
Premium
Sold
Feb 17, 2016 Listed by Keller Williams Realty Evolution $419,000
Listed by Keller Williams Realty Evolution

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 972
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,838
  • Gross Building Area: 3,756
  • Building Area: 1,838
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,838
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • 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:002 P:
  • Lot: 2
  • Municipality: DANVERS
  • Latitude: 42.5572
  • Longitude: -70.943

    Address

  • Full Address: 72 Sylvan St
  • Address - House Number: 72
  • 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: $598,700

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 678,455
  • High Value: 794,100
  • Low Value: 562,810

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $538,900
  • Assessed Land Value: $306,400
  • Assessed Improvements Value: $232,500

    Sales

  • Current Sale Recording Date: Apr 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 495
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# 71960266

Frequently Asked Questions

When was property at 72 Sylvan Street built and last sold?
The property at 72 Sylvan Street was built in 1900 and last sold on Jan 1, 1970 for $451,000.
How much is this home worth?
The estimated value of the home located at 72 Sylvan Street is $442,333.
What are some comparable homes to 72 Sylvan Street?
There are currently no comparable homes to 72 Sylvan Street.
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