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$350,000
● Condo - Off Market

168 Centre #3

Danvers, MA
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,228 Ft²
$605,860
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

This condo, A SINGLE FAMILY UNIT  with NO monthly condo fees is looking for you. Down sizing, needing a change form your current home or just looking for a great opportunity, hear it is. Plenty of natural sunlight shines through out this updated kitchen complete with stainless appliances along with an additional dinning area with a slider that leads to a deck for out door enjoyment. Two updated full baths, Three season room, new flooring on entire first floor and a family room located off the living room  being completed. Newer carpet through out the second floor. Updated windows, de-leaded and always a place to park for you, family and friends with a long drive way which locates this unit far enough from the street for the added privacy.
Unit Size
2,228 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
Condo
Property Taxes
$286
HOA Dues
-
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 years ago (MLSPIN #72243466)

Price History

Date / Event Date Event Price
Oct 30, 2018 Sold
Premium
Sold
Oct 16, 2017 Listed by The Clark Company $400,000
Listed by The Clark Company

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Level: Second
Level: Second
Level: First
Level: First
Level: Second
Level: First
Level: Second
Features: No
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Propane Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Carpet, Laminate, Engineered Hardwood
Laundry Features: First Floor, In Unit, Washer Hookup
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street, Tandem, Common, Guest, Paved
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Detached
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: HC
Parcel Number: 1877104
Water Source: Public
Financial Details
Tax Assessed Value: $242,200
Tax Annual Amount: $3,437
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Forced Air, Baseboard, Propane
Sewer : Public Sewer
Location Details
Community Features: Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Management: Other (See Remarks)

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# 72243466
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