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Danvers 01923
9 Drury Lane
$675,000
● House - Off Market

9 Drury Lane

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,087 Ft²
$1,109,349
RealtyHop Estimate
64.35%
Since Jan 1, 2017
MA-Boston
Primary Model

About This Property

A unique find to have two attached homes that are able to accommodate multiple living scenarios. These Colonial style homes are located near commuter routes, shopping areas and more with two driveways making it easier for everyone. Truly a rare offering! You'll be welcomed into their warm hardwood floors, stainless steel and granite kitchens, good sized bedrooms, finished lower level and open concept living. The family rooms offer sliders that lead out the deck that overlooks the landscaped yard, fire pit and in-ground pool. Enjoy the last of the summer nights in this ideal home!
Unit Size
3,087 Ft²
Days on Market
-
Land Size
0.84 acres
Price per sqft
$219
Property Type
House
Property Taxes
$611
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: 4 months ago (MLSPIN #72057913)

Price History

Date / Event Date Event Price
Dec 2, 2016 Sold
Premium
Sold
Aug 24, 2016 Listed by Coldwell Banker Residential Brokerage - Beverly $675,000
Listed by Coldwell Banker Residential Brokerage - Beverly
Jul 16, 2007 Sold
Premium
Sold
Apr 27, 2007 Listed by Coldwell Banker Residential Brokerage - Beverly $527,500
Listed by Coldwell Banker Residential Brokerage - Beverly

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,003
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,721
  • Total Building Area: 3,974
  • Gross Building Area: 5,498
  • Building Area: 3,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,974
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLEN MDW ESTATES
  • Land Acres: 0000000843
  • 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: 211401

Zoning

  • Zoning: R3

Geography

  • Parcel: DANV M:039 L:109 P:
  • Lot: 109
  • Municipality: DANVERS
  • Latitude: 42.568
  • Longitude: -70.9843

    Address

  • Full Address: 9 Drury Ln
  • Address - House Number: 9
  • Address - Street Name: Drury
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Danvers
  • Carrier Code: C013
  • 4-Digit Zip Code: 1351
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,014,900

    Appraisal Valuation

  • Standard Deviation: 0.1546
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,010,987
  • High Value: 1,167,454
  • Low Value: 854,519

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $913,500
  • Assessed Land Value: $456,200
  • Assessed Improvements Value: $457,300

    Sales

  • Current Sale Recording Date: Dec 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 363
  • Previous Sale Recording Date: Jul 16, 2007
  • Previous Sale Amount: $532,000
  • Previous 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72057913

Frequently Asked Questions

When was property at 9 Drury Lane built and last sold?
The property at 9 Drury Lane was built in 1960 and last sold on Jan 1, 1970 for $675,000.
How much is this home worth?
The estimated value of the home located at 9 Drury Lane is $676,700.
What are some comparable homes to 9 Drury Lane?
There are currently no comparable homes to 9 Drury Lane.
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