$250,000
●
Multifamily -
Off Market
10 Spruce Street #AFRONT
Danvers, MA 01923
3 Beds
1 Bath
1,960 Ft²
$544,451
RealtyHop Estimate
115.20%
Since Feb 1, 2009
MA-Boston
Primary Model
About This Property
ANOTHER NEW PRICE WITH $2,000 TOWARD CLOSING! Home has many updates
including replacement windows, heating system,hw tank,decor and
bath.Mostly hardwood floors.Lg eat-in kitchen,dining room
w/built-ins,living room w/fireplace,3 bedrooms on 2nd fl. Full
basement with w/d.(1960 sq ft).Listed as a twnhs lives like a
single family that it was before the addition of a rear unit.
Parking for 3 cars also a private front porch. Near
parks,schools,amenities.OPEN HOUSE SAT 12/13 10-12 COFFE AND
SERVED!
Unit Size
1,960 Ft²
Days on Market
-
Land Size
-
Price per sqft
$129
Property Type
Multifamily
Property Taxes
$264
HOA Dues
$75
Year Built
-
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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 #70821758)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2009 | Sold | ||
| Sold | |||
| Sep 16, 2008 | Listed by Engel & Volkers By the Sea | $253,000 | |
| Listed by Engel & Volkers By the Sea | |||
| | |||
|
ANOTHER NEW PRICE WITH $2,000 TOWARD CLOSING! Home has many updates including replacement windows, heating system,hw tank,decor and bath.Mostly hardwood floors.Lg eat-in kitchen,dining room w/built-ins,living room w/fireplace,3 bedrooms on 2nd fl. Full basement with w/d.(1960 sq ft).Listed as a twnhs lives like a single family that it was before the addition of a rear unit. Parking for 3 cars also a private front porch. Near parks,schools,amenities.OPEN HOUSE SAT 12/13 10-12 COFFE AND SERVED!
| |||
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Parking Features: Tandem, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Wood, Tile, Vinyl
Door Features: Storm Door(s)
Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1960
Year Built Source: Public Records
Year Built: 1915
Building Name: 10 Spruce Street Condominiums
Building Area Total: 1960
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $304,700
Tax Annual Amount: $3,169
Utilities Details
Cooling Type: None
Heating Type: Central, Forced Air, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $75
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/11/2024
|
Loft
|
1 Bath
|
1686 ft²
|
$549,900
Loft
1 Bath
1686 ft²
|
$535,000
-2.71%
12/10/2024
|
Team Curtin - Tim and Jody
J. Barrett & Company
| |
|
04/09/2018
|
2 Bed
|
2 Bath
|
1805 ft²
|
$379,900
2 Bed
2 Bath
1805 ft²
|
$382,000
+0.55%
06/08/2018
|
Tish Lentine
Keller Williams Realty
| |
|
04/16/2012
|
2 Bed
|
2 Bath
|
1805 ft²
|
$289,900
2 Bed
2 Bath
1805 ft²
|
$287,500
-0.83%
06/15/2012
|
Lea Karamas Irzyk
Century 21 North East
| |
|
04/07/2009
|
2 Bed
|
2 Bath
|
1805 ft²
|
$299,900
2 Bed
2 Bath
1805 ft²
|
$275,000
-8.30%
08/21/2009
|
Margaret Donnelly Maher
Escalate Real Estate
| |
|
09/16/2008
|
Loft
|
1 Bath
|
1960 ft²
|
$253,000
Loft
1 Bath
1960 ft²
|
$250,000
-1.19%
01/30/2009
|
Barbara Cook
LAER Realty Partners
| |
|
03/18/2004
|
2 Bed
|
1 Bath
|
1805 ft²
|
$299,900
2 Bed
1 Bath
1805 ft²
|
$294,000
-1.97%
05/11/2004
|
Cindy Wisniewski
Carlson GMAC Real Estate
| |
|
01/07/2002
|
2 Bed
|
1 Bath
|
1500 ft²
|
$219,900
2 Bed
1 Bath
1500 ft²
|
$219,900
04/17/2002
|
Mitch Levine
Sagan Harborside Sotheby's International Realty
|
Building Info
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