$150,000
●
Condo -
Off Market
12 Central Avenue #5
Danvers, MA 01923
2 Beds
1 Bath
655 Ft²
$245,332
RealtyHop Estimate
69.19%
Since May 1, 2016
MA-Boston
Primary Model
About This Property
Steps from Danvers Center - this two bedroom condominium offers
hardwood floors, a bright living room open to an eat-in kitchen
with plenty of storage and access to outside. The two
bedrooms have hardwood floors and closets. Full bath has a
tiled tub and shower. The condominium is on the main level of
the building and features replacement windows, one car deeded
parking, an additional secured storage room in the lower level and
washer and dryer in the building. Walk to shops, public
transportation, restaurants, library, schools and much more.
Unit Size
655 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
Condo
Property Taxes
$128
HOA Dues
$267
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 months ago (MLSPIN #71967006)
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
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Refrigerator
Flooring Type: Tile, Laminate, Hardwood
Laundry Features: In Basement, Common Area, In Building
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 655
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1957
Building Name: Central Place Condominium
Building Area Total: 655
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $108,200
Tax Annual Amount: $1,536
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Gas, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Storage
HOA Fee: $267
HOA Fee Frequency: Monthly
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