13 Putnam Street #2
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Aug 3, 2026 | Listed by J. Barrett & Company | $535,000 | |
| Listed by J. Barrett & Company | |||
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Welcome home to this beautifully updated 2nd floor condo offering the perfect blend of comfort, convenience, and outdoor living. This 2-bedroom, 2 full bath unit features a desirable single-level floor plan, including a primary suite with private en-suite bath. Hardwood flooring throughout the main living areas, central air, and a modern kitchen complete with granite countertops, stainless steel appliances, and a gas stove. Bathrooms have been tastefully updated with solid-surface vanities and tiled flooring. The convenience continues with an in-unit washer and dryer and abundant basement storage. Step outside to your exclusive covered front porch or relax and entertain in your private fenced yard featuring a large floating deck—ideal for outdoor dining and gatherings. Pet-friendly association!Two deeded parking spaces included. Located just moments from downtown Danvers, where you can enjoy local restaurants, shops, Library and live entertainment.
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| Oct 9, 2020 | Sold | ||
| Sold | |||
| Jul 7, 2020 | Listed by Berkshire Hathaway HomeServices Verani Realty | $424,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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Exciting New Development at the Doorstep of Downtown Danvers! Outstanding garden style unit with everything a discerning Buyer is looking for. Wonderful Open Concept layout made for entertaining. 2 Great sized Bedrooms, Living room and Eat in Kitchen and Dining Area. Eat in Kitchen w/ Custom Cabinetry w/ soft close drawers & doors, Stainless Steel appliances & Granite Countertops. 2 Full Tiled bathrooms each with High End Finishes throughout. New Central Heat and Air Conditioning with Nest Thermostat. Gleaming Hardwood Flooring throughout, In Unit Washer & Dryer, 2 Parking Spots and Exclusive Private Front Porch and Floating Deck in the yard. Over 600 Sqft of Storage in Basement. Be the first to live in this incredible unit all within walking distance of everything Danvers has to offer! Just a short stroll to Downtown Shops, Restaurants and Danvers Rail Trail!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/07/2020
|
2 Bed
|
2 Bath
|
1472 ft²
|
$424,000
2 Bed
2 Bath
1472 ft²
|
$435,000
+2.59%
10/09/2020
|
Steven Belesis
Citylight Homes LLC
| |
|
05/26/2020
|
2 Bed
|
2 Bath
|
1993 ft²
|
$549,000
2 Bed
2 Bath
1993 ft²
|
$530,000
-3.46%
09/25/2020
|
Steven Belesis
Citylight Homes LLC
| |
|
05/26/2020
|
2 Bed
|
2 Bath
|
1385 ft²
|
$449,000
2 Bed
2 Bath
1385 ft²
|
$449,000
09/30/2020
|
Steven Belesis
Citylight Homes LLC
| |
|
08/14/2015
| |
3 Bed
|
2 Bath
|
2334 ft²
|
$419,900
3 Bed
2 Bath
2334 ft²
|
$425,000
+1.21%
11/30/2015
|
Karen Hanson
Engel & Volkers By The Sea
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017