$374,000
●
Multifamily -
Off Market
21 Brookside Ave
Danvers, MA 01923
5 Beds
3 Baths
2,874 Ft²
$758,018
RealtyHop Estimate
104.87%
Since Sep 1, 2010
MA-Boston
Primary Model
About This Property
Large 3 family in good residential nghbrhd. Units are dated. **See
Disclosures @ 3rd fl unit. Separate utilities. One boiler new
2003, other one 2009. 60 amp fuses each unit.Natural woodwork
throughout. New windows throughout and new roof & siding @ 5 yrs
old.Could be good income making property. Preapproval letter
must accompany all offers. Subject to seller finding suitable
housing. NO SHOWINGS UNTIL 1ST OPEN HOUSE ON SUNDAY JUNE 13 FROM
12-3 PM.
Unit Size
2,874 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$129
Property Type
Multifamily
Property Taxes
$407
HOA Dues
-
Year Built
1925
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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: 2 years ago (MLSPIN #71091713)
Price History
Property Highlights
Parking Available
Garage
Parking Details
Has Garage
Has Open Parking
Parking Features: Off Street, Paved Drive
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Ceiling Fan(s), Living Room, Dining Room, Kitchen
Appliances: Range, Refrigerator, Dishwasher, Washer
Flooring Type: Vinyl, Carpet, Hardwood
Laundry Features: Electric Dryer Hookup
Rooms: 14
Basement: Full, Interior Entry, Concrete
Exterior Details
Square Footage: 2874
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1925
Waterfront Features: 1 to 2 Mile To Beach
Building Area Total: 2874
Levels: 3
Other Structures: Shed(s)
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Features: Corner Lot
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Lot Size Square Feet: 5490
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $399,500
Tax Annual Amount: $4,882
Utilities Details
Heating Type: Central, Hot Water, Natural Gas, None, Individual
Sewer : Public Sewer, City/Town Sewer
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 |
|---|---|---|---|---|---|---|---|
|
06/05/2025
|
2 Bed
|
1 Bath
|
1034 ft²
|
$442,000
2 Bed
1 Bath
1034 ft²
|
$421,000
-4.75%
09/26/2025
|
Natalie Luca Fiore
Keller Williams Realty Evolution
| |
|
08/14/2024
|
2 Bed
|
1 Bath
|
978 ft²
|
$439,999
2 Bed
1 Bath
978 ft²
|
$445,000
+1.14%
09/27/2024
|
Juan Pabon
Coldwell Banker First Quality Realty
| |
|
04/06/2022
|
2 Bed
|
1 Bath
|
978 ft²
|
$400,000
2 Bed
1 Bath
978 ft²
|
$420,000
+5.00%
05/04/2022
|
Holly Baldassare
J. Barrett & Company
| |
|
07/19/2021
|
2 Bed
|
1 Bath
|
708 ft²
|
$299,000
2 Bed
1 Bath
708 ft²
|
$310,000
+3.68%
08/12/2021
|
Blaze Johnson
RE/MAX 360
| |
|
11/07/2018
|
2 Bed
|
1 Bath
|
1262 ft²
|
$319,000
2 Bed
1 Bath
1262 ft²
|
$315,000
-1.25%
01/22/2019
|
Kathryn Tully
Century 21 North East
| |
|
11/07/2018
|
2 Bed
|
1 Bath
|
901 ft²
|
$269,900
2 Bed
1 Bath
901 ft²
|
$269,900
12/26/2018
|
Kathryn Tully
Century 21 North East
| |
|
11/07/2018
|
2 Bed
|
1 Bath
|
1118 ft²
|
$319,000
2 Bed
1 Bath
1118 ft²
|
$315,000
-1.25%
01/30/2019
|
Kathryn Tully
Century 21 North East
| |
|
07/24/2018
| |
6 Bed
|
3 Bath
|
3147 ft²
|
$639,000
6 Bed
3 Bath
3147 ft²
|
$655,000
+2.50%
09/14/2018
|
Kathryn Tully
Century 21 North East
|
|
06/07/2010
| |
5 Bed
|
3 Bath
|
2874 ft²
|
$370,000
5 Bed
3 Bath
2874 ft²
|
$374,000
+1.08%
08/02/2010
|
Pat Zelano
Century 21 North East
|
Building Info
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