$105,000
●
Condo -
Off Market
12 Central Avenue #5
Danvers, MA 01923
2 Beds
1 Bath
655 Ft²
$226,880
RealtyHop Estimate
108.15%
Since Dec 1, 2012
MA-Boston
Primary Model
About This Property
Convenient to restaurants, shopping, and public transportation!
Low association fee includes heat, hot water, and gas for
cooking. Gleaming hardwood floors , an eat in kitchen and two
bedrooms complete this first floor brick style mid rise
condo. This is a great value in a fabulous location!
Unit Size
655 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
Condo
Property Taxes
$146
HOA Dues
$243
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: 5 years ago (MLSPIN #71398402)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Price Decreased |
$299,900
↓ $20K
(6.3%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Keller Williams Realty Evolution | $319,900 | |
| Listed by Keller Williams Realty Evolution | |||
   | |||
|
**NEW PRICE**Are you sick of paying rent? Looking for an affordable place to lay you head and start building some equity? 12 Central Ave is a great place to start! Convenient, affordable, and ideally located—this charming Danvers condo checks all the boxes! Part of a small, 10-unit, self-managed association, it offers a sense of community and low-maintenance living. Enjoy off-street parking, shared laundry in the basement, and a dedicated storage space for added convenience. The low condo fee includes heat, making it easy to manage monthly expenses. Located close to shopping, dining, highways, and public transportation, this is a perfect opportunity for first-time buyers, down sizers, or investors. Don’t miss your chance to own in this desirable and well-kept building!
| |||
| Apr 27, 2016 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Interior Details
Level: First
Width: 23
Length: 7
Area: 161
Level: First
Width: 9
Length: 10
Area: 90
Length: 18
Level: First
Area: 198
Width: 11
Level: First
Length: 10
Width: 14
Area: 140
Features: No
Full Bathrooms: 1
Appliances: Oil Water Heater, Tank Water Heater
Flooring Type: Hardwood
Laundry Features: In Basement, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Central Place Condominium
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R1
Parcel Number: 4492839
Water Source: Public
Financial Details
Tax Assessed Value: $125,400
Tax Annual Amount: $1,747
Utilities Details
Cooling Type: None
Heating Type: Hot Water, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Gas, Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water
Association Fee Frequency: Monthly
HOA Fee: $243
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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