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Danvers 01923
LOT 8 Peachtree Lane
$786,500
● House - Off Market

LOT 8 Peachtree Lane

Danvers, MA 01923
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,767 Ft²
$1,402,952
RealtyHop Estimate
84.60%
Since Jan 1, 2005
MA-Boston
Primary Model

About This Property

ATTRACTIVE "KEYSTONE" STYLE WITH WALKOUT BASEMENT. LUXURIOUS MASTER SUITE INCLUDES SITTING AREA, WALK-IN CLOSET PLUS DOUBLE CLOSET, WHIRLPOOL TUB WITH SEPARATE SHOWER. THREE FULL BATHS ON SECOND FLOOR.
Unit Size
2,767 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$275
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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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 years ago (MLSPIN #30735693)

Price History

Date / Event Date Event Price
Dec 3, 2004 Sold
Premium
Sold
Jun 18, 2003 Listed by William Raveis R.E. & Home Services $760,000
Listed by William Raveis R.E. & Home Services
Apr 1, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,050
  • Total Building Area: 2,330
  • Gross Building Area: 3,822
  • Building Area: 2,330
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD FARM
  • Land Acres: 0000000185
  • 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: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:045 L:045 P:
  • Lot: 45
  • Municipality: DANVERS
  • Latitude: 42.5669
  • Longitude: -70.9178

    Address

  • Full Address: 8 Peach Tree Ln
  • Address - House Number: 8
  • Address - Street Name: Peach Tree
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Danvers
  • Carrier Code: C018
  • 4-Digit Zip Code: 3427
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $726,800

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 764,671
  • High Value: 893,305
  • Low Value: 636,037

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $654,200
  • Assessed Land Value: $333,700
  • Assessed Improvements Value: $320,500

    Sales

  • Current Sale Recording Date: Apr 01, 1998
  • 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:

$699,997

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2246 ft²

Average Home Age

92.4 years

Currently For Sale

39 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 years ago
Data Source: MLS PIN, MLS# 30735693

Frequently Asked Questions

When was property at 8 Peach Tree Lane built and last sold?
The property at 8 Peach Tree Lane was built in 1955 and last sold on Jan 1, 1970 for $152,500.
How much is this home worth?
The estimated value of the home located at 8 Peach Tree Lane is $0.
What are some comparable homes to 8 Peach Tree Lane?
There are currently no comparable homes to 8 Peach Tree Lane.
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