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Danvers 01923
8 Vista Drive
$152,500
● House - Off Market

8 Vista Drive

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,200 Ft²
$655,132
RealtyHop Estimate
309.71%
Since Aug 1, 1997
MA-Boston
Primary Model

About This Property

NICE RANCH IN QUIET NEIGHBORHOOD WITH WONDERFUL FENCED YARD, FULL BASEMENT GAS HEAT, ATTACHED CARPORT -GARAGE HARDWOOD FLOORS, FIREPLACE, GREAT VALUE !
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$133
Property Type
House
Property Taxes
$167
HOA Dues
-
Year Built
1961

Payment Calculator

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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 #30164383)

Price History

Date / Event Date Event Price
Aug 13, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed by Busta Realty $504,900
Listed by Busta Realty
Jul 31, 1997 Sold
Premium
Sold
May 18, 1997 Listed by Busta Realty $159,900
Listed by Busta Realty
May 22, 1987 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,350
  • Total Building Area: 1,680
  • Gross Building Area: 2,401
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000238
  • 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:115 P:
  • Lot: 115
  • Municipality: DANVERS
  • Latitude: 42.5686
  • Longitude: -70.9117

    Address

  • Full Address: 8 Vista Dr
  • Address - House Number: 8
  • Address - Street Name: Vista
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C023
  • 4-Digit Zip Code: 3431
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $582,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 603,732
  • High Value: 705,223
  • Low Value: 502,240

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $524,000
  • Assessed Land Value: $343,500
  • Assessed Improvements Value: $180,500

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210813002650
  • Previous Sale Recording Date: Jul 31, 1997
  • Previous Sale Amount: $152,500
  • Previous 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

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 years ago
Data Source: MLS PIN, MLS# 30164383

Frequently Asked Questions

When was property at 8 Vista Drive built and last sold?
The property at 8 Vista Drive was built in 1961 and last sold on Aug 13, 2021 for $515,000.
How much is this home worth?
The estimated value of the home located at 8 Vista Drive is $523,922.
What are some comparable homes to 8 Vista Drive?
There are currently no comparable homes to 8 Vista Drive.
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