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Danvers 01923
8 Briarwood Drive
Photo of 8 Briarwood Drive
Sold on Jun 1, 2010

1

Map

$410,000
● House - Off Market

8 Briarwood Drive

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
2 Baths
square feet
3,159 Ft²
$855,655
RealtyHop Estimate
101.57%
Since Jul 1, 2010
MA-Boston
Primary Model

About This Property

This is the home you've been waiting for! Spacious 4-5 bedroom colonial home on cul-de-sac street. Very nice blend of 19th century details with tasteful 20th century addition. 2-car heated garage, newer roof, and boiler are some of the more recent updates to this terrific home. Nice master bedroom w/walk-in closet. Level, private, fenced-in  rear yard w/sunny deck and in-ground pool. Call for further details.
Unit Size
3,159 Ft²
Days on Market
-
Land Size
0.66 acres
Price per sqft
$134
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1851

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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: 2 years ago (MLSPIN #71050402)

Price History

Date / Event Date Event Price
Jun 1, 2010 Sold
Premium
Sold
Mar 19, 2010 Listed $424,500
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1851
  • Effective Year Built: 1851
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 18
  • 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: 1,805
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,423
  • Total Building Area: 3,159
  • Gross Building Area: 5,661
  • Building Area: 3,159
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,159
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK ACRES
  • Land Acres: 0000000607
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:040 L:067 P:
  • Lot: 67
  • Municipality: DANVERS
  • Latitude: 42.5692
  • Longitude: -70.9696

    Address

  • Full Address: 8 Briarwood Dr
  • Address - House Number: 8
  • Address - Street Name: Briarwood
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C003
  • 4-Digit Zip Code: 1402
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $823,800

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 837,558
  • High Value: 1,001,917
  • Low Value: 673,198

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $741,500
  • Assessed Land Value: $349,100
  • Assessed Improvements Value: $392,400

    Sales

  • Current Sale Recording Date: Jun 01, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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

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Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71050402

Frequently Asked Questions

When was property at 8 Briarwood Drive built and last sold?
The property at 8 Briarwood Drive was built in 1851 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 8 Briarwood Drive is $0.
What are some comparable homes to 8 Briarwood Drive?
There are currently no comparable homes to 8 Briarwood Drive.
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