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$243,000
● Condo - Off Market

20 Fowler #3

Danvers, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,048 Ft²
$421,311
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Come live in this warm and bright, second-floor home. Here you will find large rooms and an open floor plan that offers a comfortable lifestyle, located near shops and a vibrant village center. Easy access to Route 128 makes this a perfect option for any commuter!
Unit Size
1,048 Ft²
Days on Market
-
Land Size
-
Price per sqft
$237
Property Type
Condo
Property Taxes
$235
HOA Dues
$183
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 #71965686)

Price History

Date / Event Date Event Price
Jun 9, 2016 Sold
Premium
Sold
Mar 2, 2016 Listed by Keller Williams Realty Evolution $248,200
Listed by Keller Williams Realty Evolution

Property Highlights

Air Conditioning
Parking Available
Interior Details
Width: 9
Features: Flooring - Hardwood
Length: 15
Area: 135
Width: 11
Length: 12
Features: Flooring - Vinyl, Countertops - Upgraded, Cabinets - Upgraded, Exterior Access
Area: 132
Length: 19
Area: 228
Features: Flooring - Hardwood
Width: 12
Width: 11
Length: 13
Area: 143
Features: Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Cable Hookup
Length: 11
Width: 17
Area: 187
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Utility Connections for Gas Range
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: In Basement, Common Area, In Building
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R1
Parcel Number: 4269112
Water Source: Public
Financial Details
Tax Map Number: 51
Tax Assessed Value: $189,200
Tax Annual Amount: $2,820
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s), Wall Unit(s)
Heating Type: Steam, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Laundry, Storage, Garden Area
Association Fee Frequency: Monthly
HOA Fee: $183
Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Complex is Completed
Management: Owner Association

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# 71965686
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