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Danvers 01923
9 Garfield Ave
$512,000
● House - Off Market

9 Garfield Ave

Danvers, MA 01923
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,064 Ft²
$490,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
MA-Boston
Primary Model

About This Property

Well cared for Ranch located on a desirable Cul-De-Sac in Danvers MA.  Charming Living Room is inviting with Fireplace and Harwood Floors.  2 Bedrooms and 1 1/4  Bathrooms make this ideal for retirement with single floor living.  An excellent Condo alternative.  Beautiful Family Room addition enhances the space. 1st floor laundry. Lovely deck overlooking private back yard for family and friend gatherings. Location close to major commuting routes and shopping. Don't miss out on this opportunity to come home to Danvers!  Open Houses Saturday 10/14/23 & Sunday 10/15/23 12PM-1:30PM.  Offers due by Monday 10/16/23 at 5:00PM.  Please allow 24 hours for Sellers reply.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$461
Property Type
House
Property Taxes
$443
HOA Dues
-
Year Built
1950

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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 #73168492)

Price History

Date / Event Date Event Price
Nov 16, 2023 Sold
Premium
Sold
Oct 19, 2023 In contract -
In contract
Oct 10, 2023 Listed by Coldwell Banker Realty - Beverly $490,000
Listed by Coldwell Banker Realty - Beverly
Jul 15, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 744
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,600
  • Total Building Area: 1,064
  • Gross Building Area: 2,024
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLEASANTDALE
  • Land Acres: 0000000106
  • 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: 211100

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:053 L:157 P:
  • Lot: 157
  • Municipality: DANVERS
  • Latitude: 42.5611
  • Longitude: -70.9128

    Address

  • Full Address: 9 Garfield Ave
  • Address - House Number: 9
  • Address - Street Name: Garfield
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Danvers
  • Carrier Code: C010
  • 4-Digit Zip Code: 3407
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $547,500

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 546,093
  • High Value: 644,866
  • Low Value: 447,320

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $492,800
  • Assessed Land Value: $318,900
  • Assessed Improvements Value: $173,900

    Sales

  • Current Sale Contract Date: Nov 16, 2023
  • Current Sale Recording Date: Nov 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20231116000780
  • Previous Sale Recording Date: Apr 15, 2016
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73168492

Frequently Asked Questions

When was property at 9 Garfield Avenue built and last sold?
The property at 9 Garfield Avenue was built in 1950 and last sold on Nov 16, 2023 for $512,000.
How much is this home worth?
The estimated value of the home located at 9 Garfield Avenue is $500,294.
What are some comparable homes to 9 Garfield Avenue?
There are currently no comparable homes to 9 Garfield Avenue.
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