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Danvers 01923
8 Kimberly Dr
$727,500
● House - Off Market

8 Kimberly Dr

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,030 Ft²
$652,180
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model

About This Property

Move right into this pristine 5 bedroom multi level home on delightful Danvers cul de sac. Fabulous newly refinished hardwood floors in spacious living and dining room. Slides to nice deck overlooking tranquil back yard. The kitchen has solid light wood cabinets with beautiful quartz countertops. New carpeting and paint in lower bedrooms. Lower level family room with fireplace is great for home entertainment area, and one or two of five bedrooms could make great home office(s). come make Danvers your new home town! Offers, if any, due by Tuesday, May 23rd at 12:00.
Unit Size
2,030 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$320
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
1959

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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 #73112722)

Price History

Date / Event Date Event Price
Jun 9, 2023 Sold
Premium
Sold
May 24, 2023 In contract -
In contract
May 17, 2023 Listed by J. Barrett & Company $650,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,115
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,441
  • Total Building Area: 2,030
  • Gross Building Area: 2,720
  • Building Area: 2,030
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,030
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • 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: 211202

Zoning

  • Zoning: R1

Geography

  • Parcel: DANV M:042 L:140 P:
  • Lot: 140
  • Municipality: DANVERS
  • Latitude: 42.5675
  • Longitude: -70.9467

    Address

  • Full Address: 8 Kimberly Dr
  • Address - House Number: 8
  • Address - Street Name: Kimberly
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1924
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $656,600

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 706,885
  • High Value: 818,540
  • Low Value: 595,229

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,000
  • Assessed Land Value: $342,200
  • Assessed Improvements Value: $248,800

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230609001790
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# 73112722

Frequently Asked Questions

When was property at 8 Kimberly Drive built and last sold?
The property at 8 Kimberly Drive was built in 1959 and last sold on Jun 7, 2023 for $727,500.
How much is this home worth?
The estimated value of the home located at 8 Kimberly Drive is $663,204.
What are some comparable homes to 8 Kimberly Drive?
There are currently no comparable homes to 8 Kimberly Drive.
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