$272,000
●
Condo -
Off Market
38 Bayview Terrace #2
Danvers, MA 01923
2 Beds
1 Bath
666 Ft²
$308,059
RealtyHop Estimate
12.06%
Since Jan 1, 2022
MA-Boston
Primary Model
About This Property
Welcome home! This completely renovated 2 bedroom condo at Bayside
Condominiums at Danversport is ready for it's new owner. Situated
on a quiet street within minutes of downtown Danvers, shopping,
restaurants and so much more. This spacious open concept unit
offers a custom kitchen with granite counter tops, stainless steel
appliances, updated bathroom and newer flooring throughout. Other
features include laundry facilities conveniently located down the
hall, 2 deeded parking spots, beautifully landscaped grounds and a
low condo fee in a professionally managed building. Conveniently
located close to all major routes, commuter rail and all that the
North Shore has to offer. Open house Saturday 11/13 & Sunday 11/14
from 11:30-1.
Unit Size
666 Ft²
Days on Market
-
Land Size
-
Price per sqft
$413
Property Type
Condo
Property Taxes
$222
HOA Dues
$201
Year Built
-
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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: 5 years ago (MLSPIN #72918393)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2021 | Listed by Compass | $274,900 | |
| Listed by Compass | |||
| Nov 1, 2019 | Sold | ||
| Sold | |||
| Sep 17, 2019 | Listed by Good Deeds Realty Partners | $257,900 | |
| Listed by Good Deeds Realty Partners | |||
| | |||
|
Completely renovated 2 bedroom condo! Custom kitchen with granite, stainless steel, island and soft-close cabinets. Amazing for entertaining! New floors throughout, and ample storage including onsite laundry. Beautifully maintained grounds with close proximity to downtown, malls, shopping, restaurants and easy highway access. Commuters dream with two dedicated parking spaces and close commute to MBTA stations. Don't miss this opportunity for a completely remodeled two bedroom condo.
| |||
| Jun 22, 2010 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Interior Details
Level: First
Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled, Lighting - Overhead
Level: First
Features: Closet, Flooring - Laminate
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Remodeled
Level: First
Features: Closet, Flooring - Laminate
Level: First
Level: First
Features: Flooring - Laminate, Window(s) - Picture, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead
Features: No
Full Bathrooms: 1
Interior Features: Internet Available - Broadband
Appliances: Range, Dishwasher, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Tile, Laminate
Laundry Features: In Basement, Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Bayside At Danversport Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R1
Parcel Number: 1879934
Water Source: Public
Financial Details
Tax Assessed Value: $199,200
Tax Annual Amount: $2,659
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: None
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Laundry
Association Fee Frequency: Monthly
HOA Fee: $201
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Public School
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 |
|---|---|---|---|---|---|---|---|
|
06/06/2024
|
1 Bed
|
1 Bath
|
457 ft²
|
$279,999
1 Bed
1 Bath
457 ft²
|
$259,000
-7.50%
08/07/2024
|
Angela Cromosini
Lyv Realty
| |
|
10/24/2022
|
2 Bed
|
1 Bath
|
-
|
$314,900
2 Bed
1 Bath
|
-
-
|
Tony Viscione
Keller Williams Realty Boston Northwest
| |
|
10/11/2022
|
2 Bed
|
1 Bath
|
705 ft²
|
$269,999
2 Bed
1 Bath
705 ft²
|
$295,000
+9.26%
11/03/2022
|
Steven Graczyk
J. Barrett & Company
| |
|
11/10/2021
|
2 Bed
|
1 Bath
|
666 ft²
|
$274,900
2 Bed
1 Bath
666 ft²
|
$272,000
-1.05%
12/29/2021
|
Leah Snowdale
Keller Williams Realty
| |
|
12/11/2020
|
2 Bed
|
1 Bath
|
675 ft²
|
$259,900
2 Bed
1 Bath
675 ft²
|
$250,000
-3.81%
02/12/2021
|
Zoe Karademos
Coldwell Banker Realty - Beverly
| |
|
09/17/2019
|
2 Bed
|
1 Bath
|
666 ft²
|
$257,900
2 Bed
1 Bath
666 ft²
|
$248,000
-3.84%
11/01/2019
|
Nicholas Coppola
Coppola Properties
| |
|
01/13/2017
|
2 Bed
|
1 Bath
|
696 ft²
|
$174,900
2 Bed
1 Bath
696 ft²
|
$175,000
+0.06%
03/24/2017
|
Tony Viscione
Keller Williams Realty Boston Northwest
| |
|
08/23/2012
|
2 Bed
|
1 Bath
|
698 ft²
|
$109,900
2 Bed
1 Bath
698 ft²
|
$120,000
+9.19%
09/28/2012
|
Pam Spiros
Coldwell Banker Realty - Beverly
| |
|
10/12/2010
|
2 Bed
|
1 Bath
|
705 ft²
|
$119,900
2 Bed
1 Bath
705 ft²
|
$114,900
-4.17%
03/03/2011
|
Teresa Troisi
Core Real Estate
| |
|
02/01/2010
|
2 Bed
|
1 Bath
|
705 ft²
|
$159,900
2 Bed
1 Bath
705 ft²
|
$150,000
-6.19%
03/17/2010
|
Roberta Nelson
Classified Realty Group
| |
|
09/01/2009
|
2 Bed
|
1 Bath
|
666 ft²
|
$155,000
2 Bed
1 Bath
666 ft²
|
$143,500
-7.42%
06/22/2010
|
Barbara Porro
Castlegate Real Estate
| |
|
03/22/2000
|
2 Bed
|
1 Bath
|
666 ft²
|
$95,900
2 Bed
1 Bath
666 ft²
|
$90,000
-6.15%
04/28/2000
|
Patricia Giannelli
ERA HomeQuest
| |
|
09/09/1998
|
2 Bed
|
1 Bath
|
705 ft²
|
$89,900
2 Bed
1 Bath
705 ft²
|
$85,000
-5.45%
11/12/1998
|
Sara Fishbane
Sara Fishbane Real Estate
| |
|
06/06/1997
|
2 Bed
|
1 Bath
|
675 ft²
|
$69,900
2 Bed
1 Bath
675 ft²
|
$63,000
-9.87%
07/18/1997
|
Toni Butler
Century 21 North East
|
Building Info
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