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Danvers 01923
9 Sycamore Street
$385,000
● House - Off Market

9 Sycamore Street

Danvers, MA 01923
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,056 Ft²
$545,187
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model

About This Property

Wonderful location for this three bedroom, 1.5 bath Ranch style home in a very desirable area close to downtown and major commuter routes.The home has vinyl siding ,mostly newer windows,updated baths and a replacement oil tank. It also has an unheated sunroom facing the private fenced backyard area with a fire-pit and shed. The one car garage with extra storage area completes this home. The kitchen needs updating and it does have the heating unit in the kitchen area.  With a little bit of TLC this could be a great house. First showings begin at OPEN HOUSE , Saturday and Sunday 11:30-1:00.
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$346
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1963

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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 #72292421)

Price History

Date / Event Date Event Price
Apr 30, 2018 Sold
Premium
Sold
Mar 12, 2018 Listed by Century 21 North East $364,900
Listed by Century 21 North East

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 10,006
  • Total Building Area: 1,056
  • Gross Building Area: 1,836
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:036 L:133 P:
  • Lot: 133
  • Municipality: DANVERS
  • Latitude: 42.5711
  • Longitude: -70.9277

    Address

  • Full Address: 9 Sycamore St
  • Address - House Number: 9
  • Address - Street Name: Sycamore
  • Address - Suffix Type: St
  • State: MA
  • City Name: Danvers
  • Carrier Code: C014
  • 4-Digit Zip Code: 2431
  • Zip Code: 01923

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $588,200

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 607,381
  • High Value: 709,486
  • Low Value: 505,276

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $529,400
  • Assessed Land Value: $342,000
  • Assessed Improvements Value: $187,400

    Sales

  • Current Sale Recording Date: Aug 02, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180802000760
  • Previous Sale Recording Date: Apr 30, 2018
  • Previous Sale Amount: $385,000
  • 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:

$699,000

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72292421

Frequently Asked Questions

When was property at 9 Sycamore Street built and last sold?
The property at 9 Sycamore Street was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 9 Sycamore Street is $373,543.
What are some comparable homes to 9 Sycamore Street?
There are currently no comparable homes to 9 Sycamore Street.
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