$120,000
●
Condo -
Off Market
12 Central Avenue #6
Danvers, MA 01923
2 Beds
1 Bath
642 Ft²
$965
Est. Monthly
$243
HOA / Fees
About This Property
UNBELIEVABLE VALUE!! Come See This Beautiful 2 Bedroom, 1 Bath
Condo!! Recently Renovated Eat In Kitchen Features Ceramic Floors,
Granite Countertops and Stainless Steel Appliances! Spacious
Living Room Features Newly Refinished Hardwood Floors!! Both
Bedrooms Feature Gleaming Hardwood Floors, Closets And Lots of
Natural Lighting!! Updated Bath With Newly Tiled Floors and A
Pedestal Sink!!! Don't Wait!!! Schedule Your Showing Today!!!!
Unit Size
642 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
Condo
Property Taxes
$132
HOA Dues
$243
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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: 2 months ago (MLSPIN #71196880)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2012 | Sold | ||
| Sold | |||
| Aug 31, 2011 | Listed by Lamacchia Realty, Inc. | $109,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| | |||
|
UNBELIEVABLE VALUE!! Come See This Beautiful 2 Bedroom, 1 Bath Condo!! Recently Renovated Eat In Kitchen Features Ceramic Floors, Granite Countertops and Stainless Steel Appliances! Spacious Living Room Features Newly Refinished Hardwood Floors!! Both Bedrooms Feature Gleaming Hardwood Floors, Closets And Lots of Natural Lighting!! Updated Bath With Newly Tiled Floors and A Pedestal Sink!!! Don't Wait!!! Schedule Your Showing Today!!!!
| |||
| Mar 8, 2011 | Listed by McGeough Lamacchia Realty, Inc | $120,000 | |
| Listed by McGeough Lamacchia Realty, Inc | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range
Flooring Type: Tile, Hardwood
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 642
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1957
Building Name: Central Place Condominiums
Building Area Total: 642
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $129,500
Tax Annual Amount: $1,582
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Hot Water, Oil
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: $243
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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