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Danvers 01923
9 Colgate St
Photo of 9 Colgate St
Sold on Aug 28, 2025

30

Map

Photo of 9 Colgate St
Photo of 9 Colgate St
$700,000
● House - Off Market

9 Colgate St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,302 Ft²
$3,722
Est. Monthly
5.02%
Cap Rate

About This Property

Charming 3 bed, 1.5 bath in the desirable Woodvale section of Danvers. This light, bright slab ranch is ready for its new owners. Features include modern kitchen with s/s appliances and island, open concept living/dining room with hardwood flooring, 3 bedrooms (primary complete with 1/2 bath) and a generous family room that could serve as a play room, office or study. This oversized fenced lot offers ample room for entertaining. Rear shed - completely finished, features heat, electric, vinyl flooring and ceiling fan - is absolutely perfect for a "she-shed", "man cave" or kids club house. Second shed offers additional storage. The perfect space in a great neighborhood. Don't miss out on this charmer. Showings begin at OH Saturday/Sunday.
Unit Size
1,302 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$498
Property Type
House
Property Taxes
$535
HOA Dues
-
Year Built
1960

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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: 2 years ago (MLSPIN #73408329)

Price History

Date / Event Date Event Price
Aug 28, 2025 Sold
Premium
Sold
Jul 30, 2025 In contract -
In contract
Jul 23, 2025 Listed by Century 21 North East $649,000
Listed by Century 21 North East
Oct 19, 1998 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 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: 19,807
  • Total Building Area: 1,056
  • Gross Building Area: 1,797
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODVALE DANVERS SEC A
  • Land Acres: 0000000455
  • 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:028 L:100 P:
  • Lot: 100
  • Municipality: DANVERS
  • Latitude: 42.5777
  • Longitude: -70.9308

    Address

  • Full Address: 9 Colgate St
  • Address - House Number: 9
  • Address - Street Name: Colgate
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C002
  • 4-Digit Zip Code: 2305
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $631,800

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 74
  • Final Value: 581,738
  • High Value: 692,786
  • Low Value: 470,689

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $568,700
  • Assessed Land Value: $383,900
  • Assessed Improvements Value: $184,800

    Sales

  • Current Sale Recording Date: Oct 19, 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:

$699,000

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2261 ft²

Average Home Age

82.2 years

Currently For Sale

30 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: 2 years ago
Data Source: MLS PIN, MLS# 73408329

Frequently Asked Questions

When was property at 9 Colgate Street built and last sold?
The property at 9 Colgate Street was built in 1960 and last sold on Jan 1, 1970 for $100,000.
How much is this home worth?
The estimated value of the home located at 9 Colgate Street is $0.
What are some comparable homes to 9 Colgate Street?
There are currently no comparable homes to 9 Colgate Street.
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