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Danvers 01923
9 Overlook Drive
Photo of 9 Overlook Drive
Sold on May 12, 2010

1

Map

$452,000
● House - Off Market

9 Overlook Drive

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,004 Ft²
$932,883
RealtyHop Estimate
102.84%
Since Jun 1, 2010
MA-Boston
Primary Model

About This Property

Exciting Contemporary, Multi-level with dramatic, open floor plan for today's living. Exquisite, new, gourmet kitchen w/ cherry cabinets, granite counters,center island, dining room and living room w/soaring cathedral ceilings and fireplace. Multiple-level spaces provide the perfect setting for privacy and entertaining. Family room w/ half bath and laundry opens to beautifully finished, lower level game room opposite large, 2 car garage. High on a hill with beautiful views to finish the picture.
Unit Size
3,004 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$153
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1991

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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: 2 years ago (MLSPIN #71041691)

Price History

Date / Event Date Event Price
May 12, 2010 Sold
Premium
Sold
Mar 4, 2010 Listed $459,900
Listed
Feb 25, 2000 Sold
Premium
Sold
May 19, 1999 Listed $319,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 3
  • Basement Area: 1,352
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,173
  • Total Building Area: 3,028
  • Gross Building Area: 4,625
  • Building Area: 3,028
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,028
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN OVERLOOK D
  • Land Acres: 0000000463
  • 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:045 L:172 P:
  • Lot: 172
  • Municipality: DANVERS
  • Latitude: 42.5672
  • Longitude: -70.9125

    Address

  • Full Address: 9 Overlook Dr
  • Address - House Number: 9
  • Address - Street Name: Overlook
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Danvers
  • Carrier Code: C023
  • 4-Digit Zip Code: 3467
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $862,800

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 879,484
  • High Value: 1,028,139
  • Low Value: 730,829

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $776,600
  • Assessed Land Value: $384,900
  • Assessed Improvements Value: $391,700

    Sales

  • Current Sale Recording Date: May 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 25, 2000
  • Previous Sale Amount: $317,000
  • 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:

$699,450

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

Click here to view more rentals in the neighborhood.
Last Updated: 2 years ago
Data Source: MLS PIN, MLS# 71041691

Frequently Asked Questions

When was property at 9 Overlook Drive built and last sold?
The property at 9 Overlook Drive was built in 1991 and last sold on Jan 1, 1970 for $452,000.
How much is this home worth?
The estimated value of the home located at 9 Overlook Drive is $0.
What are some comparable homes to 9 Overlook Drive?
There are currently no comparable homes to 9 Overlook Drive.
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