$560,000
●
Condo -
Off Market
37 Constitution Ln #16
Danvers, MA 01923
3 Beds
1 Bath,
1
Half Bath
2,000 Ft²
$3,816
Est. Monthly
$622
HOA / Fees
4.92%
Cap Rate
About This Property
You'll FALL for this River Run Townhouse that has been thoughtfully
upgraded with custom improvements you won't want to miss! Lovingly
maintained throughout, you're greeted by gleaming hardwood floors
that extend throughout the main living areas. Kitchen was recently
enhanced with Kraftmaid cabinets, granite countertops & stainless
appliances. Stunning New Bath w/custom cabinetry, granite counters
& ceramic tile flooring. Two spacious bedrooms plus a Bonus Loft
which doubles as 3rd BR or family rm, feature plush New carpeting &
California closets providing tailored & organized storage
solutions. Tiled Lower level makes a great Home Office or Exercise
room w/ Garage entry & Laundry area. 2018 Heating & AC, New
Water Heater(2023), all Replacement Windows throughout
w/transferrable warranty, 2 NEW Sliders, New Front Door & 2 NEW
operable Skylights. Pet Friendly River Run condominiums are a
hidden gem just minutes from downtown Danvers, restaurants &
shopping and close to Rts 128/95.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$285
Property Type
Condo
Property Taxes
$395
HOA Dues
$622
Year Built
1987
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: 5 months ago (MLSPIN #73286886)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Sep 7, 2024 | Listed by Casale-Skinner Realty | $569,900 | |
| Listed by Casale-Skinner Realty | |||
| | |||
|
You'll FALL for this River Run Townhouse that has been thoughtfully upgraded with custom improvements you won't want to miss! Lovingly maintained throughout, you're greeted by gleaming hardwood floors that extend throughout the main living areas. Kitchen was recently enhanced with Kraftmaid cabinets, granite countertops & stainless appliances. Stunning New Bath w/custom cabinetry, granite counters & ceramic tile flooring. Two spacious bedrooms plus a Bonus Loft which doubles as 3rd BR or family rm, feature plush New carpeting & California closets providing tailored & organized storage solutions. Tiled Lower level makes a great Home Office or Exercise room w/ Garage entry & Laundry area. 2018 Heating & AC, New Water Heater(2023), all Replacement Windows throughout w/transferrable warranty, 2 NEW Sliders, New Front Door & 2 NEW operable Skylights. Pet Friendly River Run condominiums are a hidden gem just minutes from downtown Danvers, restaurants & shopping and close to Rts 128/95.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Off Street, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Closet, Slider, Closet/Cabinets - Custom Built, Countertops - Stone/Granite/Solid, Dressing Room, Exercise Room
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, First Floor
Rooms: 6
Basement: N
Exterior Details
Has Property Attached
Square Footage: 2000
Year Built Source: Public Records
Year Built: 1987
Building Name: River Run Condominiums
Building Area Total: 2000
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Composite, Patio - Enclosed
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: 33
Water Source: Public
Financial Details
Tax Map Number: 58
Tax Assessed Value: $426,700
Tax Annual Amount: $4,741
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
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