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Danvers 01923
9 Highland Avenue
$305,000
● House - Off Market

9 Highland Avenue

Beverly, MA 01923
bedrooms
8 Beds
bathrooms
3 Baths
square feet
2,843 Ft²
$541,199
RealtyHop Estimate
87.27%
Since May 1, 2007
MA-Boston
Primary Model

About This Property

Live in the heart of Beverly amidst beautiful Victorian homes.  This home has incredible potential with many great details such as leaded stained glass windows, dramatic staircase with two returns, hardwood floors, decorative fireplace, beautiful original built-ins, dental molding, finished rooms in basement, two mean of egress to second and third floor, skylights, high ceilings, and much more.  This home is in need of total rehab, but the price offers a great opportunity for your own taste!
Unit Size
2,843 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$102
Property Type
House
Property Taxes
$833,333
HOA Dues
-
Year Built
1968

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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 #70532220)

Price History

Date / Event Date Event Price
Apr 6, 2007 Sold
Premium
Sold
Feb 28, 2007 Listed by William Raveis R.E. & Home Services $289,000
Listed by William Raveis R.E. & Home Services
Jun 11, 1993 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • 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: 1,350
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 2,492
  • Gross Building Area: 3,892
  • Building Area: 2,492
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,492
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWBROOK ACRES
  • Land Acres: 0000001050
  • 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: 211402

Zoning

  • Zoning: R2

Geography

  • Parcel: DANV M:040 L:054 P:
  • Lot: 54
  • Municipality: DANVERS
  • Latitude: 42.5697
  • Longitude: -70.9672

    Address

  • Full Address: 9 Highland Ter
  • Address - House Number: 9
  • Address - Street Name: Highland
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Danvers
  • Carrier Code: C003
  • 4-Digit Zip Code: 1403
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $744,500

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 884,279
  • High Value: 1,019,699
  • Low Value: 748,858

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $670,100
  • Assessed Land Value: $396,000
  • Assessed Improvements Value: $274,100

    Sales

  • Current Sale Recording Date: Jun 11, 1993
  • 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70532220

Frequently Asked Questions

When was property at 9 Highland Terrace built and last sold?
The property at 9 Highland Terrace was built in 1968 and last sold on Jan 1, 1970 for $262,500.
How much is this home worth?
The estimated value of the home located at 9 Highland Terrace is $0.
What are some comparable homes to 9 Highland Terrace?
There are currently no comparable homes to 9 Highland Terrace.
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