37 High Street #2B
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| Aug 26, 2020 | Listed by Century 21 North East Homes | $189,900 | |
| Listed by Century 21 North East Homes | |||
| | |||
|
Condo for sale in desirable North Shore area of Massachusetts. Located in downtown Danvers at 37 High Street in a 12 unit condominium complex close to Route 128 and metro Boston. One-bedroom studio unit with deeded parking space. Included is free laundry room access in building, trash pick-up, landscaping and snow removal.There is a variety store in the complex for convenience. The condo is currently rented to a tenant-at-will or can be delivered vacant. Great for investors. Seller will accept bitcoin as payment method.
| |||
| May 19, 2005 | Sold | ||
| Sold | |||
| Jan 3, 2005 | Listed | $135,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/13/2024
|
1 Bed
|
1 Bath
|
626 ft²
|
$289,000
1 Bed
1 Bath
626 ft²
|
$289,000
10/18/2024
|
Elizabeth Beaver
Armstrong Field Real Estate
| |
|
03/23/2022
|
3 Bed
|
2 Bath
|
1077 ft²
|
$324,900
3 Bed
2 Bath
1077 ft²
|
$318,000
-2.12%
07/29/2022
|
Kaitlyn Tuton
Redfin Corp.
| |
|
08/26/2020
|
1 Bed
|
1 Bath
|
486 ft²
|
$189,900
1 Bed
1 Bath
486 ft²
|
$165,000
-13.11%
12/08/2020
|
Evan Russell
Century 21 North East Homes
| |
|
08/20/2020
|
Studio
|
1 Bath
|
483 ft²
|
$169,900
Studio
1 Bath
483 ft²
|
$165,000
-2.88%
10/07/2020
|
Evan Russell
Century 21 North East Homes
| |
|
08/05/2019
|
1 Bed
|
1 Bath
|
626 ft²
|
$219,900
1 Bed
1 Bath
626 ft²
|
$210,000
-4.50%
10/17/2019
|
Maryellen Ruggiero
Armstrong Field Real Estate
| |
|
06/21/2005
|
3 Bed
|
2 Bath
|
1286 ft²
|
$239,000
3 Bed
2 Bath
1286 ft²
|
$239,000
01/30/2006
|
Glenn Thibodeau
RE/MAX Shoreline
| |
|
01/03/2005
|
1 Bed
|
1 Bath
|
486 ft²
|
$135,000
1 Bed
1 Bath
486 ft²
|
$125,000
-7.41%
05/19/2005
|
Glenn Thibodeau
| |
|
01/03/2005
|
2 Bed
|
2 Bath
|
1077 ft²
|
$218,000
2 Bed
2 Bath
1077 ft²
|
$218,000
03/31/2005
|
Glenn Thibodeau
RE/MAX Shoreline
| |
|
01/02/2005
|
1 Bed
|
1 Bath
|
483 ft²
|
$110,000
1 Bed
1 Bath
483 ft²
|
$95,000
-13.64%
05/18/2005
|
Glenn Thibodeau
RE/MAX Shoreline
| |
|
03/12/2004
|
1 Bed
|
1 Bath
|
626 ft²
|
$174,900
1 Bed
1 Bath
626 ft²
|
$172,000
-1.66%
07/29/2004
|
Lois Perullo
Carlson GMAC Real Estate
| |
|
03/12/2004
|
1 Bed
|
1 Bath
|
728 ft²
|
$214,900
1 Bed
1 Bath
728 ft²
|
$205,000
-4.61%
06/25/2004
|
Catherine Moschella
LAER Realty Partners
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017