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Danvers 01923
9 Amherst Street
$434,000
● House - Off Market

9 Amherst Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$668,570
RealtyHop Estimate
55.84%
Since Oct 1, 2017
MA-Boston
Primary Model

About This Property

See what potential this Classic Ranch w/ 8 rooms -3 Bedrooms - 1.5  Baths has to offer. Imagine floating on a Hot Summer's day in the Built-in pool-- staying cool watching the clouds go by!   The house boasts a  Spacious Family room-  Sun Lit Kitchen w/ Dining Area - Cozy Living room with a fireplace- Large Master w/ 1/2 bath and sliders out to pool area - Sun porch  overlooking a fenced in flat yard with a Built- in pool. Second yard area is behind the pool  for great privacy and  fun for all to play!  The house has a large oversized garage and shed.  All on a flat level 1/2 acre plus lot! Owned by same family for many years!  Come and take a look--  you will be glad you did!!!
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$252
Property Type
House
Property Taxes
$438
HOA Dues
-
Year Built
1961

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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 #72209110)

Price History

Date / Event Date Event Price
Sep 29, 2017 Sold
Premium
Sold
Aug 4, 2017 Listed by Cheever Associates $429,000
Listed by Cheever Associates

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 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: 22,089
  • Total Building Area: 1,700
  • Gross Building Area: 2,440
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000507
  • 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: 211300

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:036 L:160 P:
  • Lot: 160
  • Municipality: DANVERS
  • Latitude: 42.5757
  • Longitude: -70.9311

    Address

  • Full Address: 9 Amherst St
  • Address - House Number: 9
  • Address - Street Name: Amherst
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2301
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $658,200

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 684,516
  • High Value: 801,194
  • Low Value: 567,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $592,400
  • Assessed Land Value: $385,700
  • Assessed Improvements Value: $206,700

    Sales

  • Current Sale Recording Date: Sep 29, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 380
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72209110

Frequently Asked Questions

When was property at 9 Amherst Street built and last sold?
The property at 9 Amherst Street was built in 1961 and last sold on Jan 1, 1970 for $434,000.
How much is this home worth?
The estimated value of the home located at 9 Amherst Street is $446,746.
What are some comparable homes to 9 Amherst Street?
There are currently no comparable homes to 9 Amherst Street.
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