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Danvers 01923
9 Mead St
$442,800
● House - Off Market

9 Mead St

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,756 Ft²
$730,206
RealtyHop Estimate
73.90%
Since Oct 1, 2015
MA-Boston
Primary Model

About This Property

Classic colonial home located in a quiet neighborhood with river views across from the Danversport yacht club, on a level and fenced-in lot. The first level offers gleaming hardwood flooring, recessed lighting, and a spacious front to back living room which leads out to the oversized composite back deck. The formal dining room opens up into the fabulous new kitchen featuring gorgeous quartz countertops and stainless steel appliances. Upstairs you'll find the master bedroom complete with his/her closets, two additional good sized bedrooms, an office, and another full bath with washer/dryer hookup. Hardwood flooring throughout, plenty of storage, and third floor has great potential for finishing! This home is a must-see!
Unit Size
1,756 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$239
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1940

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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 #71881131)

Price History

Date / Event Date Event Price
Sep 14, 2015 Sold
Premium
Sold
Jul 29, 2015 Listed by Redfin Corp. $419,900
Listed by Redfin Corp.
Jul 26, 2013 Sold
Premium
Sold
Apr 1, 2013 Listed by Redfin Corp. $375,000
Listed by Redfin Corp.
Oct 29, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 824
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,905
  • Total Building Area: 1,824
  • Gross Building Area: 3,969
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONEGAL ROAD
  • Land Acres: 0000000273
  • 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: R1

Geography

  • Parcel: DANV M:059 L:167 P:
  • Lot: 167
  • Municipality: DANVERS
  • Latitude: 42.5549
  • Longitude: -70.92

    Address

  • Full Address: 9 Mead St
  • Address - House Number: 9
  • Address - Street Name: Mead
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C018
  • 4-Digit Zip Code: 3317
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,600

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 675,351
  • High Value: 793,718
  • Low Value: 556,983

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $590,100
  • Assessed Land Value: $318,800
  • Assessed Improvements Value: $271,300

    Sales

  • Current Sale Recording Date: Sep 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 434
  • Previous Sale Recording Date: Jul 26, 2013
  • Previous Sale Amount: $354,000
  • Previous Sale Document Type: O
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:

$699,900

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2254 ft²

Average Home Age

88.6 years

Currently For Sale

37 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71881131

Frequently Asked Questions

When was property at 9 Mead Street built and last sold?
The property at 9 Mead Street was built in 1940 and last sold on Jan 1, 1970 for $442,800.
How much is this home worth?
The estimated value of the home located at 9 Mead Street is $438,057.
What are some comparable homes to 9 Mead Street?
There are currently no comparable homes to 9 Mead Street.
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