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Danvers 01923
9 Post Gate Rd.
$507,500
● House - Off Market

9 Post Gate Rd.

Danvers, MA 01923
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,434 Ft²
$940,798
RealtyHop Estimate
80.96%
Since Mar 1, 2005
MA-Boston
Primary Model

About This Property

Very spacious and traditional 4-5 bdrm. garrison colonial on cul-de-sac - great location convenient to everything - private back yard abutting woods- hardwood floors - hugh family room off  kitchen w/built-ins and fireplace - oversized 2-car garage under -inviting porch off family room- 1st floor bedroom or office - most windows are replacement "tilt-in"--A wonderful investment--Compare the price!!
Unit Size
2,434 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$214
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1969

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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: 5 months ago (MLSPIN #70115927)

Price History

Date / Event Date Event Price
Feb 28, 2005 Sold
Premium
Sold
Nov 10, 2004 Listed by Century 21 North Shore $519,900
Listed by Century 21 North Shore
Dec 27, 2000 Sold
Premium
Sold
Nov 9, 2000 Listed by Century 21 North Shore $399,900
Listed by Century 21 North Shore

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,392
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,434
  • Gross Building Area: 4,018
  • Building Area: 2,434
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,434
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEFINITIVE PLAN POST GATE ROAD
  • Land Acres: 0000000459
  • 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:042 L:219 P:
  • Lot: 219
  • Municipality: DANVERS
  • Latitude: 42.5687
  • Longitude: -70.9531

    Address

  • Full Address: 9 Post Gate Rd
  • Address - House Number: 9
  • Address - Street Name: Post Gate
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Danvers
  • Carrier Code: C016
  • 4-Digit Zip Code: 1840
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $853,600

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 848,029
  • High Value: 991,367
  • Low Value: 704,691

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $768,300
  • Assessed Land Value: $398,300
  • Assessed Improvements Value: $370,000

    Sales

  • Current Sale Recording Date: Feb 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 27, 2000
  • Previous Sale Amount: $400,000
  • 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:

$709,900

Sale Price/ft²

$397

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2218 ft²

Average Home Age

96.2 years

Currently For Sale

38 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: 5 months ago
Data Source: MLS PIN, MLS# 70115927

Frequently Asked Questions

When was property at 9 Post Gate Road built and last sold?
The property at 9 Post Gate Road was built in 1969 and last sold on Jan 1, 1970 for $507,500.
How much is this home worth?
The estimated value of the home located at 9 Post Gate Road is $520,576.
What are some comparable homes to 9 Post Gate Road?
There are currently no comparable homes to 9 Post Gate Road.
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