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Danvers 01923
9 Hemlock Street
$270,000
● House - Off Market

9 Hemlock Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$689,679
RealtyHop Estimate
146.40%
Since Jan 1, 2002
MA-Boston
Primary Model

About This Property

MOVE IN CONDITION. LOTS OF UPDATES. GORGEOUS LOT W/BROOK & SPRINKLER SYSTEM. DISCLOSURES: SMALL CHILDREN, NOTICE REQUIRED. NO SHOWINGS AFTER 7:30 PM. NOTE THAT SELLER IS RELATED TO BROKER.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$271
Property Type
House
Property Taxes
$192
HOA Dues
-
Year Built
1958

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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 years ago (MLSPIN #30535581)

Price History

Date / Event Date Event Price
Dec 6, 2001 Sold
Premium
Sold
Aug 23, 2001 Listed by Century 21 North East $279,900
Listed by Century 21 North East
Jul 14, 1995 Sold
Premium
Sold
May 9, 1995 Listed by Century 21 North East $169,900
Listed by Century 21 North East

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 11,400
  • Total Building Area: 864
  • Gross Building Area: 1,472
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000262
  • 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:044 L:183 P:
  • Lot: 183
  • Municipality: DANVERS
  • Latitude: 42.5697
  • Longitude: -70.928

    Address

  • Full Address: 9 Hemlock St
  • Address - House Number: 9
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2413
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $530,300

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 536,226
  • High Value: 626,940
  • Low Value: 445,511

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $477,300
  • Assessed Land Value: $348,000
  • Assessed Improvements Value: $129,300

    Sales

  • Current Sale Recording Date: Dec 06, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 14, 1995
  • Previous Sale Amount: $167,500
  • 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:

$699,450

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2228 ft²

Average Home Age

83.3 years

Currently For Sale

33 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 years ago
Data Source: MLS PIN, MLS# 30535581

Frequently Asked Questions

When was property at 9 Hemlock Street built and last sold?
The property at 9 Hemlock Street was built in 1958 and last sold on Jan 1, 1970 for $270,000.
How much is this home worth?
The estimated value of the home located at 9 Hemlock Street is $0.
What are some comparable homes to 9 Hemlock Street?
There are currently no comparable homes to 9 Hemlock Street.
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