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$303,000
● Condo - Off Market

19 Garden #408

Danvers, MA
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,150 Ft²
$472,791
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Well maintained End unit in The Meadows! Great end unit townhouse interior freshly painted, new carpets 2nd level, living/dining room combination, & sliders to rear private  area. This Danvers condo is centrally located close to shopping,  many restaurants, & easy access to main highways. The main level features open floor plan with kitchen,  living & dining room , &1/2 bath. The 2nd level features 2 spacious bedrooms, large closets, & full bath. Laundry on 2nd level in full bath.
Unit Size
1,150 Ft²
Days on Market
-
Land Size
-
Price per sqft
$261
Property Type
Condo
Property Taxes
$274
HOA Dues
$340
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 #72267184)

Price History

Date / Event Date Event Price
Jan 30, 2018 Sold
Premium
Sold
Jan 2, 2018 Listed by Century 21 North East $299,651
Listed by Century 21 North East

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: First
Level: First
Features: Bathroom - Half
Level: Second
Features: Flooring - Wall to Wall Carpet
Features: Bathroom - Full
Level: Second
Features: Flooring - Wall to Wall Carpet
Level: Second
Level: First
Features: Flooring - Wood, Open Floorplan
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Carpet, Laminate
Laundry Features: Second Floor, In Unit, Washer Hookup
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned, Guest
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: The Meadows
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R2
Parcel Number: 1878817
Water Source: Public
Financial Details
Tax Assessed Value: $243,100
Tax Annual Amount: $3,292
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $340
Community Features: Public Transportation, Shopping, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site

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# 72267184
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