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Danvers 01923
9 Cabot Rd
$328,500
● House - Off Market

9 Cabot Rd

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,962 Ft²
$719,888
RealtyHop Estimate
116.51%
Since Jan 1, 2012
MA-Boston
Primary Model

About This Property

Pristine 3 bedroom ranch with 2 Family Rooms, hardwood under all carpets. Nicely landscaped yard. 2 Car Garage. Great Cathedral ceiling 1 floor family room. Finished family room in basement has bar area and knotty pine. Oak kitchen cabinets with stained glass. Bay window over sink. Central air. Space in basement if you wanted a handyman space as well.
Unit Size
1,962 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$169
Property Type
House
Property Taxes
$346
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: 5 months ago (MLSPIN #71302709)

Price History

Date / Event Date Event Price
Dec 29, 2011 Sold
Premium
Sold
Oct 18, 2011 Listed by RE/MAX Village Properties $332,500
Listed by RE/MAX Village Properties

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,076
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,831
  • Total Building Area: 1,962
  • Gross Building Area: 3,156
  • Building Area: 1,962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,962
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000226
  • 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:035 L:267 P:
  • Lot: 267
  • Municipality: DANVERS
  • Latitude: 42.5733
  • Longitude: -70.9336

    Address

  • Full Address: 9 Cabot Rd
  • Address - House Number: 9
  • Address - Street Name: Cabot
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2401
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $672,300

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 690,838
  • High Value: 808,593
  • Low Value: 573,082

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,100
  • Assessed Land Value: $341,300
  • Assessed Improvements Value: $263,800

    Sales

  • Current Sale Recording Date: Dec 29, 2011
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

Sale Price/ft²

$399

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2232 ft²

Average Home Age

94.7 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: 5 months ago
Data Source: MLS PIN, MLS# 71302709

Frequently Asked Questions

When was property at 9 Cabot Road built and last sold?
The property at 9 Cabot Road was built in 1955 and last sold on Jan 1, 1970 for $328,500.
How much is this home worth?
The estimated value of the home located at 9 Cabot Road is $361,944.
What are some comparable homes to 9 Cabot Road?
There are currently no comparable homes to 9 Cabot Road.
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