$410,000
●
Condo -
Off Market
37 Constitution Ln #87
Danvers, MA 01923
2 Beds
3 Baths,
1
Half Bath
1,790 Ft²
$556,217
RealtyHop Estimate
32.75%
Since Sep 1, 2020
MA-Boston
Primary Model
About This Property
Welcome home to River Run in Danvers. Convenient to 128, shopping,
and more! This much desired end unit has an abundance of light.
Vaulted ceilings in the master bedroom and third floor loft with
skylights offer even more sunlight. Large private deck off of
living room and patio on the ground level allow great options for
outside entertaining. This unit offers one car garage as well as
one car off-street for parking. New heating system is a bonus!
Association offers common use Club House as well as in in-ground
pool. Showings to start Saturday May 23.
Unit Size
1,790 Ft²
Days on Market
-
Land Size
-
Price per sqft
$234
Property Type
Condo
Property Taxes
$392
HOA Dues
$565
Year Built
1987
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Cap Rate Calculator
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Monthly Rental Income
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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 #72659949)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2020 | Sold | ||
| Sold | |||
| May 21, 2020 | Listed by MDM Realty, Inc | $419,000 | |
| Listed by MDM Realty, Inc | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Dining Area
Level: Second
Level: First
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Loft, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate
Laundry Features: In Unit
Rooms: 7
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 87
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: River Run
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Units: Acres
Zoning: R1A
Parcel Number: M:058 L:033 P:087, 1880859
Water Source: Public
Financial Details
Tax Assessed Value: $354,300
Tax Annual Amount: $4,705
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Central Air
Heating Type: Forced Air, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Pool, Clubroom
Association Fee Frequency: Monthly
HOA Fee: $565
Community Features: Public Transportation, Shopping, Pool, Park, Highway Access
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