$815,000
●
House -
In Contract
9 College Pond Drive
Danvers, MA 01923
4 Beds
2 Baths,
1
Half Bath
2,964 Ft²
$4,878
Est. Monthly
About This Property
This is a wonderful opportunity to live in a great neighborhood and
build your equity as you update this charming home. There are
lovely wood floors,tile floors in kitchen, breakfast room, sun room
and baths, w/w in the bedrooms Sun room and basement have
electric heat . Newer Pella windows throughout. Price reflects this
property being sold as is. Grab the chance to live in the Prep
area, close to town and with easy access to the highway.
Unit Size
2,964 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$275
Property Type
House
Property Taxes
$876
HOA Dues
-
Year Built
1986
Listed By
Michelle Kuppens
Coldwell Banker Realty - Beverly
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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: 3 months ago (MLSPIN #73525661)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Decreased |
$815,000
↓ $35K
(4.1%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$849,500
↓ $86K
(9.1%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Coldwell Banker Realty - Beverly | $935,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| Oct 1, 2003 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Garage Door Opener, Off Street, Paved, Under
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Vaulted Ceiling(s), Entrance Foyer, Central Vacuum, Closet, Sun Room, Home Office, Internet Available - Unknown
Appliances: Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vacuum System
Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile, Flooring - Wood
Door Features: Storm Door(s)
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor
Rooms: 11
Has Fireplace
Fireplace Features: Family Room
Fireplaces: 1
Basement: Full, Interior Entry, Sump Pump, Concrete, Unfinished, Garage Access
Exterior Details
Square Footage: 2964
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1986
Building Area Total: 2964
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Enclosed, Deck - Exterior
Lot Features: Cul-De-Sac, Wooded, Easements, Flood Plain
Lot Size Area: 0.52
Lot Size Units: Acres
Lot Size Acres: 0.52
Lot Size Square Feet: 22642
Tax Lot: 201
Water Source: Public
Financial Details
Tax Map Number: 034
Tax Assessed Value: $986,600
Tax Annual Amount: $10,507
Utilities Details
Cooling Type: None
Heating Type: Central, Baseboard, Baseboard, Oil, Active Solar
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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