$139,999
●
Condo -
Off Market
12 Central Avenue #3
Danvers, MA 01923
1 Bed
1 Bath
483 Ft²
$982
Est. Monthly
$173
HOA / Fees
18.05%
Cap Rate
About This Property
Updated condo in Danvers Square with 1 car deeded parking. First
floor corner unit features hardwood floors, oak kitchen, ceramic
tile bath all meticulously maintained. Low monthly condo fee which
includes HEAT and HOT WATER. On site laundry and extra storage in
basement. A cozy place and great for 1st time home buyers. Easy
access to all the major highways including shopping and also public
transportation.
Unit Size
483 Ft²
Days on Market
-
Land Size
-
Price per sqft
$290
Property Type
Condo
Property Taxes
$121
HOA Dues
$173
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: 6 months ago (MLSPIN #71181514)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2011 | Sold | ||
| Sold | |||
| May 25, 2011 | Listed by Lamacchia Realty, Inc. | $85,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
|
Cozy 1st Floor Condo in Desirable Danvers Square!! Features Updated Kitchen w/ Granite Countertops & Stainless Steel Appliances! Gleaming HW Floors Throughout Spacious Living Room & Master Bedroom!!! Lots of Natural Light! Complex Amenities Include On-Site Laundry & Extra Storage in Basement. Easy Access to Routes 35, 62 & 128!!! Close Proximity to Restaurants, Shops & Public Transportation!!! A Must See!
| |||
| Jan 24, 2011 | Listed by Century 21 N. Shore RE | $139,999 | |
| Listed by Century 21 N. Shore RE | |||
| Feb 18, 2010 | Listed by Sterling Lion, LLC | $141,900 | |
| Listed by Sterling Lion, LLC | |||
| | |||
|
Updated condo in Danvers Square with deeded parking! First floor corner unit in well-maintained building. Hardwood floors, oak kitchen, ceramic tile bath all meticulously maintained. Low condo fee ($173.25/mo.) includes heat, hot water, gas for cooking, master insurance, garbage and snow removal, and maintenance. On-site laundry and extra storage in basement. Central location - close to restaurants, bank, post office, salons, and only a few minutes drive to 128/95/1. Up to 2 cats allowed.
| |||
| Nov 19, 2004 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range, Disposal, Microwave, Refrigerator
Flooring Type: Wood, Tile, Vinyl
Rooms: 3
Basement: N
Exterior Details
Has Property Attached
Square Footage: 483
Year Built Source: Public Records
Year Built: 1957
Building Name: Central Place Condominiums
Building Area Total: 483
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Pool is Private
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $119,000
Tax Annual Amount: $1,454
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Heat
HOA/Condo/Coop Amenities: Hot Water, Laundry, Storage
HOA Fee: $173
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017