$101,000
●
Condo -
Off Market
12 Central Ave #1
Danvers, MA 01923
2 Beds
1 Bath
744 Ft²
$219,534
RealtyHop Estimate
119.54%
Since Mar 1, 2009
MA-Boston
Primary Model
About This Property
Great location near shopping and restaurants. Convenient ride to
Route 128. Deeded parking, extra storage in unit. Heat, hot water,
gas included in the low condo fees.$3000 TOWARDS CLOSING COSTS if
closed by 10/29 seller to replace carpet if sold b4 10/29/2008
Unit Size
744 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
Condo
Property Taxes
$126
HOA Dues
$220
Year Built
-
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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: 5 years ago (MLSPIN #70817351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by Coldwell Banker Realty - Lynnfield | $299,999 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
   | |||
|
Opportunity knocks with this affordable 2 bedroom condominium perfectly located in downtown DANVERS. Small, well maintained complex offers a sense of community perfectly located in DANVERS CENTER near restaurants, shopping, highway access, rail trail, & Plains Park. (A great walk score of 89) Recently painted in warm neutral colors with two bedrooms, an efficient and updated kitchen, renovated bath and plenty of storage. Did I mention the main bedroom has a WALK IN CLOSET?! Affordable HOA includes heat and hot water allowing you to budget your monthly expenses. One deeded parking spot. Roof new in 2024, Common areas freshly painted 2025. Start building EQUITY today. It is a pleasure to show this well maintained property. Showings begin Saturday.
| |||
| Feb 6, 2009 | Sold | ||
| Sold | |||
| Sep 8, 2008 | Listed by Lamacchia Realty, Inc. | $99,999 | |
| Listed by Lamacchia Realty, Inc. | |||
Show More
Property Highlights
Interior Details
Full Bathrooms: 1
Rooms: 3
Basement: Y
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R1
Parcel Number: M:043 L:225 P:001, 4467712
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $145,800
Tax Annual Amount: $1,516
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Oil
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $220
Community Features: Public Transportation, Shopping, Park, Laundromat
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
01/09/2026
|
2 Bed
|
1 Bath
|
744 ft²
|
$299,999
2 Bed
1 Bath
744 ft²
|
$300,000
+0.00%
02/17/2026
|
Louise Touchette Team
Coldwell Banker Realty - Lynnfield
| |
|
07/16/2025
|
2 Bed
|
1 Bath
|
655 ft²
|
$319,900
2 Bed
1 Bath
655 ft²
|
$330,000
+3.16%
08/29/2025
|
Justin Repp
Keller Williams Realty
| |
|
05/14/2019
|
1 Bed
|
1 Bath
|
497 ft²
|
$192,000
1 Bed
1 Bath
497 ft²
|
$195,689
+1.92%
07/01/2019
|
Rick Petralia
Churchill Properties
| |
|
09/22/2016
|
1 Bed
|
1 Bath
|
502 ft²
|
$152,900
1 Bed
1 Bath
502 ft²
|
$149,500
-2.22%
03/01/2017
|
Luciano Leone Team
RE/MAX 360
| |
|
03/03/2016
|
2 Bed
|
1 Bath
|
655 ft²
|
$145,000
2 Bed
1 Bath
655 ft²
|
$150,000
+3.45%
04/27/2016
|
Stephanie Moio
J. Barrett & Company
| |
|
02/02/2015
|
1 Bed
|
1 Bath
|
497 ft²
|
$109,950
1 Bed
1 Bath
497 ft²
|
$104,400
-5.05%
04/16/2015
|
Paul Herrick
Herrick Lutts Realty Partners
| |
|
06/18/2012
|
2 Bed
|
1 Bath
|
655 ft²
|
$109,000
2 Bed
1 Bath
655 ft²
|
$105,000
-3.67%
11/16/2012
|
Paula Murphy
Coldwell Banker Realty - Gloucester
| |
|
10/23/2011
|
2 Bed
|
1 Bath
|
694 ft²
|
$92,000
2 Bed
1 Bath
694 ft²
|
$92,000
12/01/2011
|
Nicholson Cantave
Cantave Realty Group, Inc.
| |
|
03/08/2011
|
2 Bed
|
1 Bath
|
642 ft²
|
$120,000
2 Bed
1 Bath
642 ft²
|
-
-
|
Listing Group
Lamacchia Realty, Inc.
| |
|
01/24/2011
|
1 Bed
|
1 Bath
|
483 ft²
|
$139,999
1 Bed
1 Bath
483 ft²
|
-
-
|
Pals Sales Team
Century 21 N. Shore RE
| |
|
03/15/2011
|
1 Bed
|
1 Bath
|
497 ft²
|
$99,900
1 Bed
1 Bath
497 ft²
|
$75,000
-24.92%
01/27/2012
|
Ruth Kendrew
Carlson GMAC Real Estate
| |
|
09/15/2010
|
1 Bed
|
1 Bath
|
497 ft²
|
$120,000
1 Bed
1 Bath
497 ft²
|
-
-
|
Anita Horowitz
RE/MAX 360
| |
|
04/22/2010
|
2 Bed
|
1 Bath
|
650 ft²
|
$153,500
2 Bed
1 Bath
650 ft²
|
$150,000
-2.28%
07/19/2010
|
Glenn Thibodeau
RE/MAX Shoreline
| |
|
02/18/2010
|
1 Bed
|
1 Bath
|
483 ft²
|
$141,900
1 Bed
1 Bath
483 ft²
|
-
-
|
Michael Curtin
RE/MAX Bentley's
| |
|
01/25/2010
|
2 Bed
|
1 Bath
|
688 ft²
|
$149,900
2 Bed
1 Bath
688 ft²
|
$150,000
+0.07%
03/15/2010
|
Glenn Thibodeau
RE/MAX 360
| |
|
10/14/2009
|
1 Bed
|
1 Bath
|
497 ft²
|
$129,900
1 Bed
1 Bath
497 ft²
|
-
-
|
David Comeau
Northrup Associates
| |
|
07/28/2009
|
1 Bed
|
1 Bath
|
497 ft²
|
$120,000
1 Bed
1 Bath
497 ft²
|
-
-
|
Anita Horowitz
RE/MAX 360
| |
|
09/08/2008
|
2 Bed
|
1 Bath
|
744 ft²
|
$99,999
2 Bed
1 Bath
744 ft²
|
$101,000
+1.00%
02/06/2009
|
Barry Rosenberg
EXIT Realty Beatrice Associates
| |
|
12/03/2004
|
1 Bed
|
1 Bath
|
497 ft²
|
$154,900
1 Bed
1 Bath
497 ft²
|
$149,900
-3.23%
01/14/2005
|
Glenn Thibodeau
RE/MAX On the River, Inc.
| |
|
10/14/2004
|
1 Bed
|
1 Bath
|
497 ft²
|
$149,900
1 Bed
1 Bath
497 ft²
|
$148,500
-0.93%
11/19/2004
|
Glenn Thibodeau
RE/MAX Shoreline
| |
|
10/14/2004
|
2 Bed
|
1 Bath
|
744 ft²
|
$159,900
2 Bed
1 Bath
744 ft²
|
$158,500
-0.88%
01/14/2005
|
Glenn Thibodeau
RE/MAX Shoreline
| |
|
08/23/2004
|
2 Bed
|
1 Bath
|
694 ft²
|
$159,900
2 Bed
1 Bath
694 ft²
|
$158,500
-0.88%
11/12/2004
|
Glenn Thibodeau
RE/MAX Shoreline
| |
|
07/09/2004
|
2 Bed
|
1 Bath
|
655 ft²
|
$179,900
2 Bed
1 Bath
655 ft²
|
$177,500
-1.33%
09/24/2004
|
Glenn Thibodeau
RE/MAX Shoreline
|
Building Info
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