$332,000
●
Condo -
Off Market
2 Mcdermott Farm Rd #A
Danvers, MA 01923
2 Beds
1 Bath,
1
Half Bath
1,524 Ft²
$513,401
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model
About This Property
You will love coming home to this residential neighborhood close to
parks, shops and all major commuting rails. Spacious open and
bright townhouse presents 2/3 bedrooms, 1 1/2 baths,
skylit 3rd floor can be used as 3rd bedroom or office. Bonus
game room on the lower level is not included in the sq.
footage. Enjoy summer barbecues in the back , overlooking
expansive common yard. Off street parking for 2-4
cars.
Unit Size
1,524 Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
Condo
Property Taxes
$399
HOA Dues
$225
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (MLSPIN #72163013)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 5, 2017 | Sold | ||
| Sold | |||
| May 11, 2017 | Listed by EXIT Premier Real Estate | $329,000 | |
| Listed by EXIT Premier Real Estate | |||
| | |||
|
You will love coming home to this residential neighborhood close to parks, shops and all major commuting rails. Spacious open and bright townhouse presents 2/3 bedrooms, 1 1/2 baths, skylit 3rd floor can be used as 3rd bedroom or office. Bonus game room on the lower level is not included in the sq. footage. Enjoy summer barbecues in the back , overlooking expansive common yard. Off street parking for 2-4 cars.
| |||
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: In Basement, In Unit
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1524
Year Built Source: Public Records
Year Built: 1987
Building Area Total: 1524
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Patio and Porch Features: Deck, Patio
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $337,000
Tax Annual Amount: $4,782
Utilities Details
Cooling Type: Heat Pump, Unit Control
Heating Type: Forced Air, Heat Pump, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Road Maintenance
HOA Fee: $225
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
05/11/2017
|
2 Bed
|
2 Bath
|
1524 ft²
|
$329,000
2 Bed
2 Bath
1524 ft²
|
$332,000
+0.91%
07/05/2017
|
Amy Murphy
EXIT Premier Real Estate
| |
|
10/07/2016
|
2 Bed
|
2 Bath
|
1900 ft²
|
$329,900
2 Bed
2 Bath
1900 ft²
|
$320,000
-3.00%
01/13/2017
|
Catherine Moschella
LAER Realty Partners
| |
|
06/13/2007
|
2 Bed
|
2 Bath
|
1320 ft²
|
$283,900
2 Bed
2 Bath
1320 ft²
|
$273,000
-3.84%
09/13/2007
|
Dorothy Bond
LAER Realty Partners
| |
|
07/31/2002
|
2 Bed
|
2 Bath
|
1800 ft²
|
$269,000
2 Bed
2 Bath
1800 ft²
|
$267,000
-0.74%
10/28/2002
|
Catherine Moschella
LAER Realty Partners
| |
|
04/01/2000
|
2 Bed
|
2 Bath
|
1800 ft²
|
$209,900
2 Bed
2 Bath
1800 ft²
|
$200,000
-4.72%
05/01/2000
|
Heidi Roberts
Keller Williams Realty Evolution
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017