$295,000
●
Condo -
Off Market
2 Mcdewell Ave. #4
Danvers, MA 01923
1 Bed
1 Bath
540 Ft²
$1,931
Est. Monthly
$300
HOA / Fees
7.27%
Cap Rate
About This Property
Imagine living riverfront and the life style it offers. Crane River
Marina is next door and Harbor View Condominium has pool and racks
for kayaks. John George Park is next door for your enjoyment of
many outdoor activities as well, all just outside your space. This
delightful unit has been freshly painted, so you can move right in.
Enjoy the benefit of extra storage and the convenience of onsite
laundry for easy access. This unit is tucked away, yet has
easy access to major routes, shopping, downtown and many wonderful
local eateries. If you could enjoy living riverfront, then come see
why this unit is for you.
Unit Size
540 Ft²
Days on Market
-
Land Size
-
Price per sqft
$531
Property Type
Condo
Property Taxes
$221
HOA Dues
$300
Year Built
1967
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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: 3 years ago (MLSPIN #73189280)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 8, 2024 | Sold | ||
| Sold | |||
| Jan 9, 2024 | In contract | - | |
| In contract | |||
| Jan 2, 2024 | Listed by Coldwell Banker Realty - Beverly | $287,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
Property Highlights
Parking Available
Interior Details
Level: First
Width: 12
Length: 14
Features: Closet, Flooring - Stone/Ceramic Tile
Area: 168
Length: 10
Level: First
Area: 140
Features: Closet, Flooring - Stone/Ceramic Tile, Cable Hookup
Width: 14
Features: Closet, Flooring - Stone/Ceramic Tile
Level: First
Length: 10
Width: 15
Area: 150
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Utility Connections for Electric Range
Flooring Type: Tile
Laundry Features: Common Area, In Building
Rooms: 3
Basement: N
Parking Details
Parking Features: Assigned, Guest, Paved
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Harbor View
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R-1
Parcel Number: 1881356
Water Source: Public
Financial Details
Tax Assessed Value: $238,800
Tax Annual Amount: $2,653
Utilities Details
Utilities: for Electric Range
Cooling Type: None
Heating Type: Central, Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water, Pool, Storage
Association Fee Frequency: Monthly
HOA Fee: $300
Community Features: Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, University
Pets Allowed: No
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
06/09/2026
|
2 Bed
|
1 Bath
|
673 ft²
|
$329,900
2 Bed
1 Bath
673 ft²
|
$345,000
+4.58%
07/02/2026
|
Adeline Matton
Accurety, LLC
| |
|
09/03/2025
|
1 Bed
|
1 Bath
|
524 ft²
|
$299,500
1 Bed
1 Bath
524 ft²
|
$300,000
+0.17%
10/17/2025
|
Michelle Kuppens
Coldwell Banker Realty - Beverly
| |
|
06/11/2025
|
2 Bed
|
1 Bath
|
673 ft²
|
$329,999
2 Bed
1 Bath
673 ft²
|
$340,000
+3.03%
08/25/2025
|
Chloe Brown
RE/MAX 360
| |
|
04/29/2025
|
2 Bed
|
1 Bath
|
673 ft²
|
$329,900
2 Bed
1 Bath
673 ft²
|
$320,000
-3.00%
06/17/2025
|
Bernard Starr
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
02/11/2025
|
1 Bed
|
1 Bath
|
540 ft²
|
$299,000
1 Bed
1 Bath
540 ft²
|
$320,000
+7.02%
03/20/2025
|
Ellen Crawford
William Raveis R.E. & Home Services
| |
|
01/02/2024
|
1 Bed
|
1 Bath
|
540 ft²
|
$287,000
1 Bed
1 Bath
540 ft²
|
$295,000
+2.79%
02/08/2024
|
John Swain
Coldwell Banker Realty - Beverly
| |
|
08/10/2023
|
1 Bed
|
1 Bath
|
540 ft²
|
$279,900
1 Bed
1 Bath
540 ft²
|
$285,000
+1.82%
09/19/2023
|
Stephanie McCarthy
Keller Williams Realty Evolution
| |
|
08/09/2022
|
2 Bed
|
1 Bath
|
673 ft²
|
$295,000
2 Bed
1 Bath
673 ft²
|
$315,000
+6.78%
09/30/2022
|
Daniel Bennett
Dan Bennett Real Estate
| |
|
07/19/2021
|
2 Bed
|
1 Bath
|
673 ft²
|
$240,000
2 Bed
1 Bath
673 ft²
|
$260,000
+8.33%
08/26/2021
|
Jeffrey Carter
Keller Williams Realty
| |
|
01/26/2021
|
2 Bed
|
1 Bath
|
673 ft²
|
$249,900
2 Bed
1 Bath
673 ft²
|
$267,000
+6.84%
03/23/2021
|
Druann Jedrey
Leading Edge Real Estate
| |
|
09/27/2019
|
1 Bed
|
1 Bath
|
540 ft²
|
$225,000
1 Bed
1 Bath
540 ft²
|
$223,000
-0.89%
11/15/2019
|
Linda Surette
Carpenito Real Estate, Inc.
| |
|
07/06/2017
|
2 Bed
|
1 Bath
|
673 ft²
|
$175,000
2 Bed
1 Bath
673 ft²
|
$205,000
+17.14%
08/24/2017
|
Denise Reilly
Premier Realty Group, Inc.
| |
|
01/30/2017
|
1 Bed
|
1 Bath
|
540 ft²
|
$149,900
1 Bed
1 Bath
540 ft²
|
$152,000
+1.40%
02/24/2017
|
Leonette Strout
Keller Williams Realty Evolution
| |
|
03/10/2016
|
1 Bed
|
1 Bath
|
524 ft²
|
$139,900
1 Bed
1 Bath
524 ft²
|
$145,000
+3.65%
05/02/2016
|
Michelle Kuppens
Coldwell Banker Realty - Beverly
| |
|
05/19/2014
|
2 Bed
|
1 Bath
|
673 ft²
|
$159,900
2 Bed
1 Bath
673 ft²
|
$150,000
-6.19%
06/24/2014
|
Rochelle Hale
Keller Williams Realty Evolution
| |
|
03/05/2013
|
2 Bed
|
1 Bath
|
673 ft²
|
$135,000
2 Bed
1 Bath
673 ft²
|
$140,000
+3.70%
05/01/2013
|
Pam Spiros
Coldwell Banker Realty - Beverly
| |
|
07/17/2012
|
1 Bed
|
1 Bath
|
524 ft²
|
$99,000
1 Bed
1 Bath
524 ft²
|
$105,000
+6.06%
12/21/2012
|
Kathleen Sullivan
Sullivan Realty Group
| |
|
03/22/2012
|
2 Bed
|
1 Bath
|
673 ft²
|
$125,000
2 Bed
1 Bath
673 ft²
|
$125,000
08/23/2012
|
Natalie Luca Fiore
Keller Williams Realty Evolution
| |
|
02/22/2009
|
2 Bed
|
1 Bath
|
673 ft²
|
$189,900
2 Bed
1 Bath
673 ft²
|
$179,500
-5.48%
06/29/2009
|
Susan Keenan
RE/MAX 360
| |
|
09/17/2007
|
2 Bed
|
1 Bath
|
673 ft²
|
$169,900
2 Bed
1 Bath
673 ft²
|
$162,000
-4.65%
06/26/2008
|
Dorothy Felch
Century 21 N. Shore
| |
|
10/14/2005
|
1 Bed
|
1 Bath
|
540 ft²
|
$172,000
1 Bed
1 Bath
540 ft²
|
$169,000
-1.74%
03/31/2006
|
Donna Runcie
Dooley and Mason Realty Group
| |
|
04/07/2005
|
2 Bed
|
1 Bath
|
673 ft²
|
$197,900
2 Bed
1 Bath
673 ft²
|
$195,000
-1.47%
08/10/2005
|
Joan Skomurski
Souhleris Realty
| |
|
08/03/2004
|
Studio
|
1 Bath
|
280 ft²
|
$99,000
Studio
1 Bath
280 ft²
|
$82,500
-16.67%
09/16/2004
|
Karren Shaughnessy
J. Mulkerin Realty
| |
|
06/17/2004
|
2 Bed
|
1 Bath
|
673 ft²
|
$192,000
2 Bed
1 Bath
673 ft²
|
$189,000
-1.56%
08/16/2004
|
Roberta Riddle
Century 21 North East
| |
|
10/02/2002
|
2 Bed
|
1 Bath
|
673 ft²
|
$170,000
2 Bed
1 Bath
673 ft²
|
$169,000
-0.59%
11/15/2002
|
Cindy Matheson
Century 21 North Shore
| |
|
10/17/2000
|
2 Bed
|
1 Bath
|
673 ft²
|
$129,000
2 Bed
1 Bath
673 ft²
|
$129,000
11/27/2000
|
Patricia Watson
Century 21 North East
| |
|
05/21/1999
|
1 Bed
|
1 Bath
|
-
|
$49,900
1 Bed
1 Bath
|
$49,900
09/01/1999
|
Barbara Cook
LAER Realty Partners
| |
|
04/27/1999
|
1 Bed
|
1 Bath
|
524 ft²
|
$79,900
1 Bed
1 Bath
524 ft²
|
$79,000
-1.13%
05/28/1999
|
Rochelle Hale
Keller Williams Realty Evolution
| |
|
11/09/1997
|
2 Bed
|
1 Bath
|
673 ft²
|
$73,900
2 Bed
1 Bath
673 ft²
|
$67,000
-9.34%
12/30/1997
|
Cookie Melanson
Century 21 North East
| |
|
05/06/1997
|
2 Bed
|
1 Bath
|
673 ft²
|
$74,500
2 Bed
1 Bath
673 ft²
|
$74,500
07/18/1997
|
Toni Butler
Century 21 North East
| |
|
04/01/1996
|
1 Bed
|
1 Bath
|
524 ft²
|
$48,000
1 Bed
1 Bath
524 ft²
|
$43,000
-10.42%
06/07/1996
|
Mark Nelson
Leading Edge Real Estate
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017