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Danvers 01923
8 Oak Street
$440,000
● House - Off Market

8 Oak Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,872 Ft²
$849,898
RealtyHop Estimate
97.70%
Since May 1, 2013
MA-Boston
Primary Model

About This Property

Won't last long. A quality new construction, available for April occupancy. Conveniently located in quaint neighborhood with large flat fenced in yard. 3 bedroom, 2.5 bath, fireplace, Anderson windows, security system, granite counters, designer kitchen, hardwood throughout, crown molding, chair rails, wainscoting, fully landscaped, deck, gas heat and A/C. Master suite with walk in closet, two large bedrooms, dry basement. Beautifully finished new home.
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2012

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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 #71488767)

Price History

Date / Event Date Event Price
May 2, 2013 Sold
Premium
Sold
Mar 3, 2013 Listed by Coldwell Banker Residential Brokerage - Beverly $429,900
Listed by Coldwell Banker Residential Brokerage - Beverly
Jun 15, 2012 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,899
  • Total Building Area: 1,872
  • Gross Building Area: 2,928
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000204
  • 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:043 L:122 P:
  • Lot: 122
  • Municipality: DANVERS
  • Latitude: 42.5692
  • Longitude: -70.9364

    Address

  • Full Address: 8 Oak St
  • Address - House Number: 8
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C017
  • 4-Digit Zip Code: 2912
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $814,900

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 799,926
  • High Value: 935,695
  • Low Value: 664,156

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $733,500
  • Assessed Land Value: $331,400
  • Assessed Improvements Value: $402,100

    Sales

  • Current Sale Recording Date: May 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 109
  • Previous Sale Recording Date: Jun 15, 2012
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: O
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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71488767

Frequently Asked Questions

When was property at 8 Oak Street built and last sold?
The property at 8 Oak Street was built in 2012 and last sold on Jan 1, 1970 for $440,000.
How much is this home worth?
The estimated value of the home located at 8 Oak Street is $451,610.
What are some comparable homes to 8 Oak Street?
There are currently no comparable homes to 8 Oak Street.
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