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$185,500
● Multifamily - Off Market

15 Charles

Danvers, MA
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,000 Ft²
$676,873
RealtyHop Estimate
256.44%
Since Jan 1, 1998
National-US
Primary Model

About This Property

EXCELLENT SIDE STREET LOCATION NEAR DOWNTOWN DANVERS. OWNER'S UNIT HAS BEEN REMODELED AND OFFERS MANY UPDATES. OFF STREETPARKING FOR 4 VEHICLES. FIRST FLOOR TENANT AT WILL. MOVE IN CONDITION. 24 HRS. TO SHOW TENANT APARTMENT.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$95
Property Type
Multifamily
Property Taxes
$193
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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 #30187636)

Price History

Date / Event Date Event Price
Dec 19, 1997 Sold
Premium
Sold
Sep 29, 1997 Listed by Keller Williams Realty Evolution $189,900
Listed by Keller Williams Realty Evolution

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Gas Water Heater, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl, Carpet
Rooms: 9
Basement: Full
Exterior Details
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Area: 0.06
Lot Size Units: Acres
Lot Size Acres: 0.06
Zoning: RES
Parcel Number: 1879370
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 51
Tax Annual Amount: $2,313
Utilities Details
Utilities: for Electric Range, for Electric Dryer
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park, Golf, Sidewalks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30187636
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