49 NewburyDanvers, MA 01923

  • Retail properties
  • 9,225 SF
Off market
$15,929,800 Estimated

Property Details for 49 Newbury

Year built
1984
Construction
STEEL FRAME
Lot size
1.59 AC
Property size (Sq ft)
9,225 SF
Zone code
HC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
DANV M:048 L:009A P:
APU
DANVM048L009AP

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,241,997
    6.5%
    $2,069,536
    7%
    $1,921,712
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,037,453
    Geo Method
    $3,037,453
  • Alternative Use

    Use
    Valuation
    Residential
    $1,745,731
    Hospitality
    $1,599,080
    Educational
    $1,330,416
    Medical
    $1,376,171
    Retail
    $2,069,536
49 Newbury, Danvers, Massachusetts
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Location Insight

City
Danvers
County
Essex
State
Massachusetts
Latitude
42.5584
Longitude
-70.9777
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$51,364
$1,558,400
$1,203,100
$2,761,500
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