$550,000
●
Condo -
Off Market
37 Constitution Ln #58
Danvers, MA 01923
2 Beds
3 Baths,
1
Half Bath
1,926 Ft²
$3,720
Est. Monthly
$622
HOA / Fees
4.30%
Cap Rate
About This Property
Welcome to this stunning, multi-level condo nestled in coveted
River Run. Four levels of living space! The living/dining combo
opens onto a back deck, offering a serene space to relax. Kitchen
features a pantry closet, large picture window, and easy access to
the living room, ideal for entertaining. A convenient half bath
completes the main floor. Second level boasts two well-proportioned
bedrooms. The primary bedroom is a retreat with triple closets, a
ceiling fan, vaulted ceiling, skylight, and an attached full bath.
The second bedroom provides access to a finished third level and
shares a full bath located between the bedrooms. The third floor
versatile space is perfect for a home office, gym, playroom, or
media area. In the finished walk out lower level you'll find the
utilities, laundry, an additional bonus room, and a walk-out patio
area. Central air and a garage add to the convenience of this
beautiful home. Close to shopping and highway. Pool and clubhouse
just steps away!
Unit Size
1,926 Ft²
Days on Market
-
Land Size
-
Price per sqft
$285
Property Type
Condo
Property Taxes
$402
HOA Dues
$622
Year Built
1987
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Cap Rate Calculator
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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: 3 years ago (MLSPIN #73264659)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 19, 2024 | Listed by Clements Realty Group | $549,000 | |
| Listed by Clements Realty Group | |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2020 | Listed by Coco Early & Associates Windham Division LLC | $390,000 | |
| Listed by Coco Early & Associates Windham Division LLC | |||
| | |||
|
Welcome to this spacious condo in the desirable River Run association! Comprising four levels, this home has the space you need and the conveniences you want. The oversized living room overlooks the back deck with and wonderful views. The eat-in, galley-style kitchen includes ample countertop space and effortless accessibility to the living room, which is perfect when entertaining guests. A half bath rounds out the main level. The second floor includes two well proportioned bedrooms. The primary bedroom includes double closets, ceiling fan, vaulted ceiling, skylight and attached full bath! The spacious second bedroom includes access to the finished third level. Another full bath conveniently located between the bedrooms rounds out the second level. The third floor is perfect for a home office, gym, play room, media area or other! The lower level houses utilities, laundry and an additional bonus room and walk-out patio area. Shopping and highway close by. Garage & central air!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Interior Details
Level: First
Features: Closet, Flooring - Stone/Ceramic Tile
Level: Second
Level: Second
Level: First
Level: Second
Level: Second
Level: Basement
Level: First
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Open Floorplan, Living/Dining Rm Combo, Bonus Room, Home Office, Central Vacuum
Appliances: Dishwasher, Disposal, Washer, Dryer, ENERGY STAR Qualified Refrigerator, Vacuum System, Range
Flooring Type: Tile, Vinyl, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: In Basement, In Unit
Rooms: 6
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood, Patio
Lead Paint: None
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R1A
Parcel Number: M:058 L:033 P:058, 1880885
Water Source: Public
Financial Details
Tax Assessed Value: $433,900
Tax Annual Amount: $4,821
Utilities Details
Utilities: for Electric Range
Cooling Type: Central Air, Heat Pump
Heating Type: Forced Air, 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, Recreation Facilities, Clubroom
HOA Fee: $622
Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
Pets Allowed: Yes w/ Restrictions
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