$322,000
●
Condo -
Off Market
16 Berry #2
Danvers, MA
2 Beds
1 Bath
1,538 Ft²
$476,330
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Wonderful opportunity to own in the highly desirable area of The
Back Bay of Danvers. Fantastically located near the heart of
everything Danvers has to offer. Great shops, schools,restaurants,
parks and close proximity to major highways. This wonderful
sun drenched 2nd floor condo features 2 bedroom, 1 full bath,
beautiful floors throughout and a amazing open floor concept, large
kitchen, dining room and family room with high ceilings and a full
bath. Upstairs is a 2nd bedroom with a fantastic area for a home
office, nursery or a small workout area. A hand made barn door
leads to tons of stoprage and a convenient in unit laudry area.
Seller in the process of painting exterior, due to the rain that
hasn't been completed yet.
Unit Size
1,538 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
Condo
Property Taxes
$577
HOA Dues
$200
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: 4 years ago (MLSPIN #72530309)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2019 | Listed by Return Realty Group, Inc. | $325,000 | |
| Listed by Return Realty Group, Inc. | |||
Property Highlights
Garage
Parking Available
Interior Details
Level: Main
Features: Bathroom - Full, Flooring - Laminate, Pantry, Open Floorplan, Remodeled
Level: Main
Features: Closet, Flooring - Stone/Ceramic Tile
Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Level: Main
Features: Flooring - Laminate, Window(s) - Bay/Bow/Box
Level: Main
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Main
Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Level: Main
Level: Main
Features: Flooring - Laminate, Window(s) - Bay/Bow/Box, Cable Hookup, Open Floorplan, Lighting - Overhead
Level: Main
Features: Bathroom - Full, Flooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding
Features: No
Full Bathrooms: 1
Appliances: Refrigerator, Oven - ENERGY STAR, Electric Water Heater, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Laminate, Hardwood
Laundry Features: Closet - Walk-in, Flooring - Laminate, Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 5
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Storage, Off Street, Assigned, Driveway, Paved
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Stone
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R1
Parcel Number: 1877968
Water Source: Public
Financial Details
Tax Assessed Value: $521,300
Tax Annual Amount: $6,923
Utilities Details
Utilities: for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Oil, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA Fee: $200
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017