$395,000
●
Condo -
Off Market
37 Constitution Ln #41
Danvers, MA 01923
3 Beds
3 Baths,
1
Half Bath
3,002 Ft²
$626,739
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model
About This Property
Rare Corner Unit Townhouse at River Run! A must see! This gorgeous
3 BR huge, light-filled townhouse feels like a home – updated with
hardwood, granite, stainless appliances & almost 3000sf including
1st floor master suite with walk in closet & laundry. Second floor
offers 2nd bedroom with walk in closet & 3rd bedroom with jack &
jill full bathroom & open loft suitable for home office or yoga
studio. Expansive lower level has plenty of room for family
room, game room, exercise area, office & entertaining with sliders
to patio area. Enjoy pond & brook views, pool, clubhouse, nearby
river & ocean. Attached garage, huge storage area with plenty of
room for outdoor gear. Great alternative to single family home in
excellent school district. Convenient to shopping, restaurants,
rail trail, historic sites & other wonderful area amenities yet
this home is very privately set. Pet friendly. Well managed
association. Only a handful of units like this at River Run!
Unit Size
3,002 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
Condo
Property Taxes
$406
HOA Dues
$594
Year Built
1987
Payment Calculator
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Cap Rate Calculator
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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 years ago (MLSPIN #72041298)
Price History
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances
Level: Main
Features: Bathroom - Full, Bathroom - With Shower Stall, Walk-In Closet(s), Dryer Hookup - Electric, Washer Hookup
Level: Second
Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Level: Second
Features: Flooring - Wood, Balcony / Deck, Slider
Level: First
Features: Bathroom - Half
Level: First
Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Main
Level: Main
Features: Skylight, Cathedral Ceiling(s), Flooring - Wood, Balcony / Deck, Exterior Access, Open Floorplan, Slider
Level: Basement
Features: Closet, Flooring - Wall to Wall Carpet, Exterior Access, Slider
Features: Bathroom - Full, Bathroom - With Tub & Shower
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft, Exercise Room, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Electric Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Flooring - Wall to Wall Carpet
Laundry Features: First Floor, In Unit, Washer Hookup
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Under, Off Street, Guest
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: River Run
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Composite, Patio
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R1A
Parcel Number: M:058 L:033 P:041, 1880854
Water Source: Public
Financial Details
Tax Assessed Value: $343,100
Tax Annual Amount: $4,872
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Central, Forced Air, Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Pool, Clubroom
Association Fee Frequency: Monthly
HOA Fee: $594
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, University
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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