$211,990
●
Condo -
Off Market
36 Bayview Terace #2
Danvers, MA 01923
2 Beds
1 Bath
685 Ft²
$182,610
RealtyHop Estimate
0.34%
Since Jul 1, 2023
MA-Boston
Primary Model
About This Property
MULTIPLE OFFERS - Highest And Best due Date Is 5/4/2023 11:59:00 PM
MST. Dead-end location near the river, Danversport and
downtown. Two bedroom corner unit has a deeded parking space
and needs full renovations. Kitchen has half wall overlooking
living space, 2 good sized bedrooms and closet space. The
complex has professional management and good parking. This is
a renovation project, not just cosmetic repairs and updates.
Seller Request: Offers should be submitted on seller's
on-line site; see Firm Remarks for details.
Unit Size
685 Ft²
Days on Market
-
Land Size
-
Price per sqft
$266
Property Type
Condo
Property Taxes
$224
HOA Dues
$201
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (MLSPIN #73101375)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 31, 2024 | Listed by Simes City Realty | $319,000 | |
| Listed by Simes City Realty | |||
| | |||
|
This first floor unit has recently been remodeled top to bottom. New kitchen featuring shaker style cabinets, stainless steel appliances, subway tile backsplash, quartz countertop and breakfast bar. Electrical has been updated with new panel and recessed lighting throughout. Brand new LVP flooring and fresh paint completes each room. New vanity, toilet and tub in bathroom. Updated plumbing. Laundry is just steps away on the first floor. Extra storage is available on the third floor. Professionally managed with a low condo fee and a deeded parking spot. Pet friendly and minutes from the highway, shopping, restaurants and more. If all you're looking to do is move in and just unpack, this is the home for you.
| |||
| Jun 15, 2023 | Sold | ||
| Sold | |||
| May 9, 2023 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 685
Year Built Source: Public Records
Year Built: 1963
Waterfront Features: River
Building Name: Bayside Condominium
Building Area Total: 685
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Map Number: 052
Tax Assessed Value: $228,600
Tax Annual Amount: $2,686
Utilities Details
Cooling Type: None
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $201
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
01/31/2024
|
2 Bed
|
1 Bath
|
685 ft²
|
$319,000
2 Bed
1 Bath
685 ft²
|
$347,000
+8.78%
03/06/2024
|
Ellen Crawford
William Raveis R.E. & Home Services
| |
|
04/20/2023
|
2 Bed
|
1 Bath
|
685 ft²
|
$182,000
2 Bed
1 Bath
685 ft²
|
$211,990
+16.48%
06/15/2023
|
Carol St. Pierre
Tache Real Estate, Inc.
| |
|
05/31/2017
|
2 Bed
|
1 Bath
|
712 ft²
|
$189,900
2 Bed
1 Bath
712 ft²
|
$187,900
-1.05%
08/09/2017
|
John Thomson
The Thomson Companies
| |
|
06/08/2016
|
2 Bed
|
1 Bath
|
702 ft²
|
$168,500
2 Bed
1 Bath
702 ft²
|
$179,000
+6.23%
09/07/2016
|
Betsy Woods
Lux Realty North Shore
| |
|
12/10/2008
|
2 Bed
|
1 Bath
|
684 ft²
|
$149,900
2 Bed
1 Bath
684 ft²
|
$149,500
-0.27%
04/01/2009
|
Cookie Melanson
Century 21 North East
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017