$169,999
●
Multifamily -
Off Market
3 Macarthur #A
Danvers, MA 01923
3 Beds
1 Bath
1,500 Ft²
$1,297
Est. Monthly
$200
HOA / Fees
About This Property
"Investors and Cash Buyers Wanted - Will not Qualify for FHA or MA
Housing Financing" HUGE - 3 Bedroom /1+ bath condo in
desirable location off Rt 114 Danvers.Wonderful home features large
family room with vaulted ceilings three spacious bedrooms,
bath and kitchen on main floor..Extended living space in partially
finished basement currently used as playroom another large room for
storage in utility room, laundry room with possible 1/2 bath in
lower level. 2 car o/s parking spots
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$113
Property Type
Multifamily
Property Taxes
$262
HOA Dues
$200
Year Built
1954
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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: 29 days ago (MLSPIN #71151852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2013 | Sold | ||
| Sold | |||
| Oct 14, 2012 | Listed by Lyv Realty | $129,500 | |
| Listed by Lyv Realty | |||
| | |||
|
Cash buyers only will not qualify for financing. No 6D in hand or condo budget.. Short sale third party approval
| |||
| Oct 17, 2010 | Listed by Prudential Preferred Realty | $169,999 | |
| Listed by Prudential Preferred Realty | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Off Street, Tandem
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Play Room
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Carpet, Hardwood, Laminate, Vinyl
Door Features: Insulated Doors
Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
Rooms: 11
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1500
Square Footage Source: $0
Security Features: Security System
Year Built Source: Public Records
Year Built: 1954
Building Area Total: 1500
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Wood
Lot Size Units: Acres
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $256,000
Tax Annual Amount: $3,139
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Oil
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $200
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 |
|---|---|---|---|---|---|---|---|
|
10/14/2012
|
3 Bed
|
2 Bath
|
1255 ft²
|
$129,500
3 Bed
2 Bath
1255 ft²
|
$122,500
-5.41%
09/19/2013
|
Annelie Sirois
Lyv Realty
| |
|
08/17/2012
|
2 Bed
|
2 Bath
|
1224 ft²
|
$125,000
2 Bed
2 Bath
1224 ft²
|
$113,900
-8.88%
10/04/2012
|
Elizabeth Wood
Tache Real Estate, Inc.
| |
|
12/21/2010
|
2 Bed
|
1 Bath
|
1224 ft²
|
$179,900
2 Bed
1 Bath
1224 ft²
|
-
-
|
Stephanie Walters
Century 21 North East
| |
|
10/17/2010
|
3 Bed
|
1 Bath
|
1500 ft²
|
$169,999
3 Bed
1 Bath
1500 ft²
|
-
-
|
Joanne Mulkerin
J. Mulkerin Realty
| |
|
02/26/2010
|
2 Bed
|
1 Bath
|
1224 ft²
|
$248,500
2 Bed
1 Bath
1224 ft²
|
-
-
|
D'Amico Sales Team
Century 21 N. Shore RE
| |
|
04/17/2007
|
2 Bed
|
1 Bath
|
1224 ft²
|
$275,000
2 Bed
1 Bath
1224 ft²
|
$265,000
-3.64%
06/11/2007
|
Eileen Duff
Keller Williams Realty Evolution
| |
|
01/13/2004
|
3 Bed
|
2 Bath
|
2215 ft²
|
$299,900
3 Bed
2 Bath
2215 ft²
|
$295,000
-1.63%
05/14/2004
|
Lisa Coates
J. Mulkerin Realty
| |
|
10/27/2003
|
2 Bed
|
2 Bath
|
1224 ft²
|
$229,000
2 Bed
2 Bath
1224 ft²
|
$223,000
-2.62%
12/19/2003
|
Carol Whitestone
Carlson GMAC Real Estate
| |
|
09/11/2002
|
Loft
|
2 Bath
|
990 ft²
|
$199,900
Loft
2 Bath
990 ft²
|
$200,000
+0.05%
10/28/2002
|
Carol Whitestone
Carlson GMAC Real Estate
|
Building Info
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