$248,500
●
Multifamily -
Off Market
3 Macarthur Blvd #B
Danvers, MA 01923
2 Beds
1 Bath,
1
Half Bath
1,224 Ft²
$24,033
Est. Monthly
-97.10%
Cap Rate
About This Property
Wonderful, bright unit in great location to everything inc. major
highways and shopping. Open concept living with cathedral ceilings,
dining and kitchen area. Stainless steel appliances.
Private storage shed in backyard. Large deck off master
bedroom. Boasts plenty of storage in the attic and plenty of
closet space. Very nice unit and no monthly condo fee!
Unit Size
1,224 Ft²
Days on Market
-
Land Size
-
Price per sqft
$203
Property Type
Multifamily
Property Taxes
$22,812
HOA Dues
-
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: 2 years ago (MLSPIN #71038164)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2012 | Sold | ||
| Sold | |||
| Aug 17, 2012 | Listed by Lyv Realty | $125,000 | |
| Listed by Lyv Realty | |||
| | |||
|
Seller's First Look for owner occupants and NSP buyers through June 27, 2012. Freshly painted interior. No established association, no budget /insurance and will not have 6D Certificate for closing. Cash Sale.... Sold as is . See attached documents needed to submit offer
| |||
| Dec 21, 2010 | Listed by Century 21 North Shore | $179,900 | |
| Listed by Century 21 North Shore | |||
 | |||
|
Bright unit in great location. Close to shopping, highways etc.. Open concept living area with cathedral ceilings, dining and kitchen area. Stainless steel appliances. Private storage shed in back yard. Large deck off master bedroom. Boasts plenty of storage in the attic and plenty of closet space. No monthly condo fee. 3rd party approval needed.
| |||
| May 11, 2010 | Listed by Century 21 N. Shore RE | $229,900 | |
| Listed by Century 21 N. Shore RE | |||
| | |||
|
Wonderful, bright unit in great location to everything inc. major highways and shopping. Open concept living with cathedral ceilings, dining and kitchen area. Stainless steel appliances. Private storage shed in backyard. Large deck off master bedroom. Boasts plenty of storage in the attic and plenty of closet space. Very nice unit and no monthly condo fee! Short sale negotiator.
| |||
| Feb 26, 2010 | Listed | $248,500 | |
| Listed | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet
Door Features: Insulated Doors
Rooms: 5
Basement: Y
Exterior Details
Square Footage: 1224
Year Built Source: Owner
Year Built: 1988
Building Area Total: 1224
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $244,200
Tax Annual Amount: $273,748
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, 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 |
|---|---|---|---|---|---|---|---|
|
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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