$370,000
●
Multifamily -
Off Market
18 Ryan Rd.
Danvers, MA 01923
5 Beds
3 Baths,
1
Half Bath
2,904 Ft²
$755,527
RealtyHop Estimate
89.83%
Since Dec 1, 2013
MA-Boston
Primary Model
About This Property
Unit 1:-- LARGE 8 RM COLONIAL- FRONT TO BACK LIVING ROOM WITH
FIREPLACE. SPACIOUS KITCHEN, DINING ROOM, FAMILY ROOM
AND HALF BATH ON FIRST FLOOR. 4 COMFORTABLE CORNER BEDROOMS ON
SECOND FLOOR. Unit 2:-- SMALL 3 ROOM APARTMENT with SEPARATE
ENTRANCE TO LEFT OF MAIN HOUSE.. BUILT IN 1961 AND ON A 10000 SQ.
FT. LOT, SIDE ROAD WITH CUL-DE-SAC. DESIRABLE NEIGHBORHOOD. EASY
ACCESS TO: RT.114 & RT. 95, RT. 128, MEDICAL, SHOPPING.
Unit Size
2,904 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$137
Property Type
Multifamily
Property Taxes
$415
HOA Dues
-
Year Built
1961
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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 #71558748)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2013 | Sold | ||
| Sold | |||
| Jul 22, 2013 | Listed by Century 21 North East | $398,000 | |
| Listed by Century 21 North East | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Tandem, Paved
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Oil Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet, Hardwood
Laundry Features: Washer Hookup
Rooms: 11
Has Fireplace
Fireplaces: 2
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 2 Family - 2 Units Side by Side
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Features: Cul-De-Sac, Level
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Zoning: R 1
Parcel Number: 1880548
Water Source: Public
Financial Details
Tax Map Number: 057
Tax Assessed Value: $342,100
Tax Annual Amount: $4,974
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Heating Type: Unit 1(Hot Water Baseboard), Unit 2(Hot Water Baseboard, Oil)
Sewer : Public Sewer
Location Details
Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Sidewalks
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 |
|---|---|---|---|---|---|---|---|
|
07/22/2013
| |
5 Bed
|
2 Bath
|
2904 ft²
|
$398,000
5 Bed
2 Bath
2904 ft²
|
$370,000
-7.04%
11/15/2013
|
Brenda Martinson
Del Realty, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017