$669,000
●
Multifamily -
Off Market
237 Maple Street
Danvers, MA 01923
4 Beds
2 Baths
1,809 Ft²
$698,999
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model
About This Property
Updated MULTIFAMILY w/ Large Attached BARN ( 30 x 33 ).
Enjoy your evening's sitting out on your Wrap around Porch.
The First floor offers a Good Size Living room - Kitchen w/
Tray Ceiling / Dining area near Bay Window that is
awesome! Hardwood flooring -Two Nice Bedroom's- One offers
Tray Ceiling & Privacy. A Full Bath and Side Porch is
great to enjoy outside. The Second floor offers Updated
Kitchen w/ walk out deck overlooking the Private back yard.
Sunny & Bright Living room w/ Hardwood flooring.
Spacious Two Bedrooms w/ Hardwood flooring
beautify the room's. Updated Full Bath. Great storage
in unit. Access from Both units to Front Hall and Front
Porch. Separate Entryway on both units. Additional
Storage in the Full Basement w/ separate gas furnaces (2014)
& Hot water for both units. Great Attached BARN
off the back of this Two family enhances the feeling of
yesteryear!!! BARN has Terrific Storage.
Expansion? The BARN offers that Potential.
Unit Size
1,809 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$370
Property Type
Multifamily
Property Taxes
$583
HOA Dues
-
Year Built
1850
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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 #72979161)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Cheever Associates | $669,000 | |
| Listed by Cheever Associates | |||
Property Highlights
Parking Details
Has Garage
Parking Features: Paved Drive
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Ceiling Fans, Bathroom With Tub), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator)
Flooring Type: Unit 1(undefined)
Rooms: 8
Exterior Details
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Area: 0.64
Lot Size Units: Acres
Lot Size Acres: 0.64
Zoning: R2
Parcel Number: 1875997
Water Source: Public
Financial Details
Tax Assessed Value: $552,800
Tax Annual Amount: $6,998
Utilities Details
Cooling Type: Unit 1(None), Unit 2(None)
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
Sewer : Public 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 |
|---|---|---|---|---|---|---|---|
|
05/10/2022
| |
4 Bed
|
2 Bath
|
1809 ft²
|
$669,000
4 Bed
2 Bath
1809 ft²
|
$665,000
-0.60%
08/26/2022
|
Kerry Cheever
Cheever Associates
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017