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Danvers 01923
89 Elliott St
$309,000
● House - Off Market

89 Elliott St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,680 Ft²
$547,074
RealtyHop Estimate
71.50%
Since Apr 1, 2016
MA-Boston
Primary Model

About This Property

TIME FOR A NEW HOME! Huge skylit kitchen with sliders to sun filled deck. 1st floor Master bedroom, 1st floor laundry room. Two comfy bedrooms and half bath upstairs.  Large finish-able multi room walk out basement previously finished to include family room and home office plus a large workshop. Two pellet stoves for efficient heating: one as a fireplace insert and one in the lower level. Much more space than appears from cute Cape exterior. Low maintenance vinyl siding. Fully fenced big back yard, 2 driveways parking for 4+ cars, walk to art association, marina and playground. Riverside Elementary. Great location near Cherry Hill Corporate Park, Cummings Center & just 3 miles from T-station. Convenient access to vacation & commuter routes. Best price per square foot property! Come see this sweetheart of a deal!
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$190
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1948

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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 #71904664)

Price History

Date / Event Date Event Price
Mar 31, 2016 Sold
Premium
Sold
Sep 15, 2015 Listed by Keller Williams Realty Evolution $319,000
Listed by Keller Williams Realty Evolution
Sep 27, 2013 Sold
Premium
Sold
Jul 16, 2013 Listed by Keller Williams Realty Evolution $299,000
Listed by Keller Williams Realty Evolution
Jul 8, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 7
  • Basement Area: 1,020
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,041
  • Total Building Area: 1,821
  • Gross Building Area: 2,916
  • Building Area: 1,821
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,821
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • 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:053 L:094 P:
  • Lot: 94
  • Municipality: DANVERS
  • Latitude: 42.5633
  • Longitude: -70.9192

    Address

  • Full Address: 89 Elliott St
  • Address - House Number: 89
  • Address - Street Name: Elliott
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C018
  • 4-Digit Zip Code: 3436
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,700

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 609,065
  • High Value: 719,228
  • Low Value: 498,902

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,900
  • Assessed Land Value: $310,200
  • Assessed Improvements Value: $219,700

    Sales

  • Current Sale Recording Date: Mar 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 140
  • Previous Sale Recording Date: Sep 27, 2013
  • Previous Sale Amount: $294,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71904664

Frequently Asked Questions

When was property at 89 Elliott Street built and last sold?
The property at 89 Elliott Street was built in 1948 and last sold on Jan 1, 1970 for $309,000.
How much is this home worth?
The estimated value of the home located at 89 Elliott Street is $340,425.
What are some comparable homes to 89 Elliott Street?
There are currently no comparable homes to 89 Elliott Street.
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