$585,000
●
Condo -
Off Market
37 Constitution Lane #12
Danvers, MA 01923
3 Beds
2 Baths,
1
Half Bath
2,181 Ft²
$3,929
Est. Monthly
$622
HOA / Fees
About This Property
Welcome home to this charming end-unit condo with an attached 1 car
garage, situated in the sought-after River Run Community. Step
inside to discover many thoughtful renovations, featuring a quality
kitchen renovation boasting sleek cabinetry, quartz countertops, a
stylish backsplash, and premium Bosch stainless steel appliances -
including an induction cooktop - offering both quality and
function. The spacious open concept layout seamlessly connects the
living room and sunroom (bonus space), creating an ideal setting
for entertaining or relaxing. Upstairs, the primary suite offers
soaring ceilings, double closets, luxury vinyl flooring, and a
stunningly remodeled ensuite full bath. Down the hall you'll find a
recently refreshed full bath, bright and spacious second bedroom,
and a versatile loft-style third bedroom. The lower level provides
a generous flex space and private patio. This opportunity offers
comfort, convenience, and a move in ready townhome!
Unit Size
2,181 Ft²
Days on Market
-
Land Size
-
Price per sqft
$270
Property Type
Condo
Property Taxes
$414
HOA Dues
$622
Year Built
1987
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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: 10 months ago (MLSPIN #73450284)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by Keller Williams Realty Evolution | $589,000 | |
| Listed by Keller Williams Realty Evolution | |||
| Jul 22, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Century 21 North East | $439,900 | |
| Listed by Century 21 North East | |||
| | |||
|
Spread out and enjoy yourself in this well kept townhouse boasting 4 finished levels of living at River Run in Danvers. Light and bright, this impeccable end unit offers an attached 1 car garage and finished lower level with sliders leading to a private covered deck. Remodeled kitchen w/ granite counters, stainless appliances and HW flooring. Through the three-paned slider, off the living room, step into a large sunroom with vaulted ceiling. Second floor has two bedrooms including the master suite with attached bathroom, cathedral ceiling & skylight. The 3rd floor bedroom has built in storage, custom closets, recessed lighting & skylight. Refrigerator, dryer and roof are 2 yrs old. Recent improvements include new heat pump 2017, new central A/C 3 yrs ago. Plenty of closet space and storage. Relax and unwind by the shared in-ground swimming pool & clubhouse which is open for the season! Easy highway access, Rail Trail, parks, shopping, restaurants and charming Square downtown.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Attached, Garage Door Opener, Off Street, Assigned, Common, Guest, Paved, Under
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Open Floorplan, Sunken, Lighting - Overhead, Closet, Slider, Sun Room, Bonus Room
Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
Flooring Type: Tile, Vinyl, Carpet, Stone / Slate, Flooring - Stone/Ceramic Tile
Laundry Features: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup, Closet - Linen, Flooring - Stone/Ceramic Tile, Closet - Double
Rooms: 7
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2181
Security Features: Security System
Property Condition: Updated/Remodeled
Year Built Source: Public Records
Year Built: 1987
Building Name: River Run Condominium
Building Area Total: 2181
Building Area Units: Square Feet
Window Features: Window(s) - Bay/Bow/Box
Construction Materials: Frame
Patio and Porch Features: Covered
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: 033
Water Source: Public
Financial Details
Tax Map Number: 058
Tax Assessed Value: $452,000
Tax Annual Amount: $4,967
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Clubhouse
HOA Fee: $622
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 |
|---|---|---|---|---|---|---|---|
|
11/05/2025
|
3 Bed
|
2 Bath
|
2181 ft²
|
$589,000
3 Bed
2 Bath
2181 ft²
|
$585,000
-0.68%
12/30/2025
|
Nicole Baker
Keller Williams Realty Evolution
| |
|
09/07/2024
|
3 Bed
|
2 Bath
|
2000 ft²
|
$569,900
3 Bed
2 Bath
2000 ft²
|
$560,000
-1.74%
10/10/2024
|
Tracy Spaniol
RE/MAX Encore
| |
|
07/19/2024
|
2 Bed
|
3 Bath
|
1926 ft²
|
$549,000
2 Bed
3 Bath
1926 ft²
|
$550,000
+0.18%
09/10/2024
|
Jeanna Alimonti
Clements Realty Group
| |
|
05/02/2024
|
2 Bed
|
3 Bath
|
2000 ft²
|
$540,000
2 Bed
3 Bath
2000 ft²
|
$565,000
+4.63%
06/26/2024
|
Barbara Peterson
E.W. Peterson & Son RE
| |
|
03/18/2024
|
2 Bed
|
1 Bath
|
2242 ft²
|
$524,900
2 Bed
1 Bath
2242 ft²
|
$575,000
+9.54%
05/03/2024
|
Jill Colby Re
Good Deeds Realty Partners
| |
|
09/14/2023
|
3 Bed
|
2 Bath
|
2120 ft²
|
$569,000
3 Bed
2 Bath
2120 ft²
|
$600,000
+5.45%
11/22/2023
|
Christine Ball
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
10/28/2021
|
2 Bed
|
3 Bath
|
2063 ft²
|
$419,000
2 Bed
3 Bath
2063 ft²
|
$420,000
+0.24%
12/27/2021
|
Michael Lissack
The Virtual Realty Group
| |
|
05/19/2021
|
3 Bed
|
3 Bath
|
1668 ft²
|
$439,900
3 Bed
3 Bath
1668 ft²
|
$429,000
-2.48%
07/22/2021
|
Stephanie Rooney
Century 21 North East
| |
|
04/22/2021
|
3 Bed
|
3 Bath
|
1844 ft²
|
$449,900
3 Bed
3 Bath
1844 ft²
|
$455,000
+1.13%
06/14/2021
|
Yvonne Ko
Yvonne Ko
| |
|
10/23/2020
|
3 Bed
|
3 Bath
|
2200 ft²
|
$425,000
3 Bed
3 Bath
2200 ft²
|
-
-
|
-
| |
|
01/21/2021
|
3 Bed
|
3 Bath
|
2140 ft²
|
$419,900
3 Bed
3 Bath
2140 ft²
|
$415,000
-1.17%
03/29/2021
|
Anne MacDonald
Boardwalk Real Estate
| |
|
12/03/2020
|
2 Bed
|
3 Bath
|
1925 ft²
|
$390,000
2 Bed
3 Bath
1925 ft²
|
$389,170
-0.21%
02/12/2021
|
Chinatti Realty Group
Coco Early & Associates Windham Division LLC
| |
|
12/03/2020
|
3 Bed
|
3 Bath
|
1915 ft²
|
$424,900
3 Bed
3 Bath
1915 ft²
|
$425,000
+0.02%
01/27/2021
|
Brittany Hartnett
Keller Williams Realty
| |
|
10/30/2020
|
2 Bed
|
3 Bath
|
2020 ft²
|
$426,900
2 Bed
3 Bath
2020 ft²
|
$435,000
+1.90%
12/22/2020
|
Tracey Cleversey
Hive Property Group
| |
|
10/05/2020
|
3 Bed
|
3 Bath
|
2123 ft²
|
$449,000
3 Bed
3 Bath
2123 ft²
|
$445,000
-0.89%
12/04/2020
|
Julie Chechik
Market Vision
| |
|
07/14/2020
|
2 Bed
|
3 Bath
|
1900 ft²
|
$429,900
2 Bed
3 Bath
1900 ft²
|
$429,900
08/31/2020
|
Anne Casale-Skinner
Keller Williams Realty Evolution
| |
|
05/21/2020
|
2 Bed
|
3 Bath
|
1790 ft²
|
$419,000
2 Bed
3 Bath
1790 ft²
|
$410,000
-2.15%
08/18/2020
|
Heidi Zizza
MDM Realty, Inc
| |
|
07/21/2019
|
2 Bed
|
1 Bath
|
1904 ft²
|
$379,900
2 Bed
1 Bath
1904 ft²
|
$379,900
09/13/2019
|
Janeen DeLeon
Atlantic Coast Homes,Inc
| |
|
05/29/2019
|
2 Bed
|
2 Bath
|
2150 ft²
|
$399,900
2 Bed
2 Bath
2150 ft²
|
$399,000
-0.23%
08/01/2019
|
Gail Tyrrell
Churchill Properties
| |
|
08/03/2018
|
2 Bed
|
3 Bath
|
2156 ft²
|
$349,900
2 Bed
3 Bath
2156 ft²
|
$367,000
+4.89%
09/10/2018
|
Steven Lynch
Redfin Corp.
| |
|
04/05/2018
|
2 Bed
|
2 Bath
|
1844 ft²
|
$389,900
2 Bed
2 Bath
1844 ft²
|
$389,000
-0.23%
06/22/2018
|
Gail Tyrrell
Churchill Properties
| |
|
03/21/2017
|
2 Bed
|
2 Bath
|
1700 ft²
|
$350,000
2 Bed
2 Bath
1700 ft²
|
$343,000
-2.00%
05/30/2017
|
Ryan Snow Real Estate Team
Keller Williams Realty Evolution
| |
|
07/14/2016
|
3 Bed
|
3 Bath
|
3002 ft²
|
$379,900
3 Bed
3 Bath
3002 ft²
|
$395,000
+3.97%
11/03/2016
|
Tish Lentine
Keller Williams Realty Evolution
| |
|
08/11/2014
|
3 Bed
|
2 Bath
|
2200 ft²
|
$299,900
3 Bed
2 Bath
2200 ft²
|
$301,000
+0.37%
09/24/2014
|
James Herlihy
Herlihy Realty Group
|
Building Info
37 Constitution Lane
37 Constitution Lane, Danvers, MA 01923
- 1 Unit for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017