Property profile

308 Andover St Danvers, MA 01923

OFF-MARKET
Day care centers
Property ID
US38-0645873
10,980 SF 1.09 ac lot Built 2009
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 2009
Construction FRAME
Total area 10,980 SF
Lot 1.09 ac (47,528 SF)
Zoning code R3
APN DANV M:039 L:070 P:
UPID US38-0645873

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

308 Andover St Danvers, MA 01923-1383
Danvers metro Census 211401 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.44M

Owner & transaction history

since 2021
Last sale
$3.5M
7 recorded transactions
2021
$3.5M
2019
$4.2M
2013
Price N/A
2012
$3.1M
2009
Price N/A
2009
$569,000
2008
$1

Zoning & alternative use

R3 · Danvers, MA
Zoning description

The purpose of this district is to provide residential uses.

General category RESIDENTIAL
Top alternative use upside
Office building $2.9M +192.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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