$120,000
●
Condo -
Off Market
38 Bayview Ter #6
Danvers, MA 01923
2 Beds
1 Bath
698 Ft²
$226,836
RealtyHop Estimate
106.40%
Since Oct 1, 2012
MA-Boston
Primary Model
About This Property
Move right in to this 2 bedroom unit Danvers. Freshly
painted, new stove, new carpet & vinyl. View of the river,
yet close to major routes and shopping. This is a HomePath
Property. Home is approved for HomePath Mortgage Financing
and HomePath Renovation Financing. Owner Occupants may be
able to purchase for as little as 3% down. Sellers contracts
are due back within 3 days of verbal acceptance. No changes
to addendum.
Unit Size
698 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
Condo
Property Taxes
$166
HOA Dues
$170
Year Built
-
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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: 4 years ago (MLSPIN #71426138)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2012 | Sold | ||
| Sold | |||
| Aug 23, 2012 | Listed by Coldwell Banker Realty - Beverly | $109,900 | |
| Listed by Coldwell Banker Realty - Beverly | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Full Bathrooms: 1
Appliances: Utility Connections for Electric Range
Flooring Type: Tile, Vinyl, Carpet
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Bayside Condominiums
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R1
Parcel Number: M:052 L:115 P:D06, 1879932
Water Source: Public
Financial Details
Tax Assessed Value: $142,600
Tax Annual Amount: $1,986
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Hot Water
HOA Fee: $170
Community Features: Shopping, Conservation Area
Pets Allowed: Unknown
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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