10 Spruce St #B
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Listed by Lamacchia Realty, Inc. | $570,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Beautifully maintained and full of character, 10 Spruce St Unit B offers the rare opportunity to enjoy the feel of single-family living with the convenience of condo ownership and no condo fees. This inviting 2-bedroom, 2-full-bath home features exposed beams, a warm and welcoming layout, and thoughtful updates throughout. The updated kitchen blends style and functionality and flows seamlessly into the main living space, ideal for both everyday comfort and entertaining. Major improvements include a newer roof and skylights, an updated second-floor bathroom, and a stunning Ipe wood deck that creates an ideal outdoor retreat. Additional highlights include ample garage space, generous off-street parking, and a quiet side street setting while still being close to shopping, dining, parks, and all that Danvers has to offer. With no condo fees and a layout that truly lives like a single-family home, this property offers a rare blend of comfort, character, and convenience. A must see!
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| Jun 8, 2018 | Sold | ||
| Sold | |||
| Apr 9, 2018 | Listed by Keller Williams Realty Evolution | $379,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Exceptional Danvers opportunity! This fantastic condo has high ceilings with skylights & exposed beams throughout. The open floor plan provides access to a huge private deck from both the dining and living rooms - great for relaxing or entertaining. Vaulted skylit ceiling and french doors accent the spacious living room. Additional features include a breakfast bar in the kitchen, 1st floor laundry, 2014 windows throughout and hardwood floors The welcoming bonus room can be used as a home office, family room, studio or exercise area. Oversized attached garage with separate workshop and storage areas. Come see your new home!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017