$200,000
●
Condo -
Off Market
38 Dunham Road #303
Beverly, MA 01915
2 Beds
1 Bath
1,014 Ft²
$1,667
Est. Monthly
$525
HOA / Fees
12.09%
Cap Rate
About This Property
AFFORDABLE UNIT .A unique opportunity to own at Dunham Castle
condominiums. This unit is designated as affordable and requires
certain income qualifications and approval by the City of Beverly.
Applications are attached as well as income qualifications info
buyers will need a pre qual letter from a bank of their choice..
This 2 bedroom, 1 bath, open floor plan unit is conveniently
located near highway access and a short distance to commuter rail,
shopping, restaurants, parks and beaches, One car deeded but lots
of additional parking on site. Service dogs only. Showings begin
immediately and easy to show! Please read all required income and
asset limitations, must be owner occupied . Please note all
applications to be submitted by Friday june 13 at 12 PM to Beverly
city hall. The city will hold a lottery once
they vet all applications
Unit Size
1,014 Ft²
Days on Market
-
Land Size
-
Price per sqft
$197
Property Type
Condo
Property Taxes
$160
HOA Dues
$525
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
Maintenance & HOA
Income Per Year
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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: 2 years ago (MLSPIN #73385033)
Price History
Property Highlights
Parking Available
Elevator
Air Conditioning
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Vinyl, Carpet
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1014
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1988
Building Name: Dunham Castle
Building Area Total: 1014
Building Area Units: Square Feet
Construction Materials: Frame, Brick
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $174,200
Tax Annual Amount: $1,914
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Road Maintenance, Reserve Funds
HOA/Condo/Coop Amenities: Laundry, Elevator(s)
HOA Fee: $525
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 |
|---|---|---|---|---|---|---|---|
|
06/04/2026
|
2 Bed
|
1 Bath
|
1014 ft²
|
$419,000
2 Bed
1 Bath
1014 ft²
|
-
-
|
Nicholas Piraino
Realty One Group Nest
| |
|
04/08/2026
|
2 Bed
|
1 Bath
|
1080 ft²
|
$399,900
2 Bed
1 Bath
1080 ft²
|
-
-
|
Viva Real Estate Team
eXp Realty
| |
|
11/19/2025
|
2 Bed
|
1 Bath
|
1080 ft²
|
$400,000
2 Bed
1 Bath
1080 ft²
|
$375,000
-6.25%
01/09/2026
|
Paul Coleman
Compass
| |
|
06/04/2025
|
2 Bed
|
1 Bath
|
1014 ft²
|
$200,000
2 Bed
1 Bath
1014 ft²
|
$200,000
07/29/2025
|
Terryanne St. Pierre
Tache Real Estate, Inc.
| |
|
01/29/2025
|
2 Bed
|
2 Bath
|
1080 ft²
|
$429,900
2 Bed
2 Bath
1080 ft²
|
$429,900
04/28/2025
|
Beth Gandelman
Century 21 North East
| |
|
10/27/2024
|
2 Bed
|
2 Bath
|
1080 ft²
|
$419,900
2 Bed
2 Bath
1080 ft²
|
$389,000
-7.36%
12/27/2024
|
Kerri Amor
MyHomeRE, LLC
| |
|
11/08/2023
|
2 Bed
|
1 Bath
|
1014 ft²
|
$370,000
2 Bed
1 Bath
1014 ft²
|
$335,000
-9.46%
01/12/2024
|
Jonian Beqo
Savage Realty Group
| |
|
03/01/2023
|
2 Bed
|
2 Bath
|
1080 ft²
|
$369,000
2 Bed
2 Bath
1080 ft²
|
$370,000
+0.27%
04/06/2023
|
Katharine Heffernan
Today Real Estate, Inc.
| |
|
11/02/2022
|
2 Bed
|
1 Bath
|
1080 ft²
|
$261,000
2 Bed
1 Bath
1080 ft²
|
$252,500
-3.26%
02/15/2023
|
Mindy Reichman
Tache Real Estate, Inc.
| |
|
08/04/2022
|
2 Bed
|
1 Bath
|
1080 ft²
|
$339,000
2 Bed
1 Bath
1080 ft²
|
$310,000
-8.55%
09/13/2022
|
Luciano Leone Team
RE/MAX 360
| |
|
07/27/2022
|
2 Bed
|
1 Bath
|
1053 ft²
|
$349,900
2 Bed
1 Bath
1053 ft²
|
$355,000
+1.46%
09/08/2022
|
Kristin King
Coldwell Banker Realty - Marblehead
| |
|
06/27/2022
|
2 Bed
|
2 Bath
|
1080 ft²
|
$380,000
2 Bed
2 Bath
1080 ft²
|
$390,000
+2.63%
08/12/2022
|
Paul Rallo
Keller Williams Realty
| |
|
08/27/2021
|
2 Bed
|
1 Bath
|
1014 ft²
|
$319,900
2 Bed
1 Bath
1014 ft²
|
$340,000
+6.28%
11/03/2021
|
Thomas Frost
StartPoint Realty & Associates
| |
|
10/27/2020
|
2 Bed
|
2 Bath
|
1080 ft²
|
$305,000
2 Bed
2 Bath
1080 ft²
|
$307,500
+0.82%
12/14/2020
|
Kathleen Sullivan
Sullivan Realty Group
| |
|
10/21/2020
|
2 Bed
|
2 Bath
|
1014 ft²
|
$319,900
2 Bed
2 Bath
1014 ft²
|
$319,900
12/30/2020
|
Jane Elderkin Darrah
Churchill Properties
| |
|
07/08/2020
|
2 Bed
|
1 Bath
|
1014 ft²
|
$305,000
2 Bed
1 Bath
1014 ft²
|
$310,000
+1.64%
08/31/2020
|
Beth Gandelman
Century 21 North East
| |
|
05/31/2020
|
2 Bed
|
2 Bath
|
1080 ft²
|
$292,000
2 Bed
2 Bath
1080 ft²
|
$325,000
+11.30%
07/13/2020
|
Betsy Woods
Lux Realty North Shore
| |
|
05/25/2020
|
2 Bed
|
2 Bath
|
1070 ft²
|
$274,900
2 Bed
2 Bath
1070 ft²
|
$285,000
+3.67%
07/15/2020
|
Christopher Blasczak
Liberty Residential Realty, LLC
| |
|
01/22/2020
|
2 Bed
|
2 Bath
|
1080 ft²
|
$275,000
2 Bed
2 Bath
1080 ft²
|
$275,000
04/30/2020
|
Karen Fogarty
Coldwell Banker Residential Brokerage - Beverly
| |
|
09/18/2019
|
2 Bed
|
2 Bath
|
1080 ft²
|
$265,000
2 Bed
2 Bath
1080 ft²
|
$279,500
+5.47%
11/05/2019
|
Ginny Jagodynski
Keller Williams Realty
| |
|
12/13/2017
|
2 Bed
|
2 Bath
|
1080 ft²
|
$269,000
2 Bed
2 Bath
1080 ft²
|
$260,000
-3.35%
03/07/2018
|
Kathryn Tully
Century 21 North Shore
| |
|
11/26/2017
|
2 Bed
|
2 Bath
|
1080 ft²
|
$269,000
2 Bed
2 Bath
1080 ft²
|
$265,000
-1.49%
02/16/2018
|
John Carpenito
Carpenito Real Estate, Inc.
| |
|
05/29/2015
|
2 Bed
|
1 Bath
|
1014 ft²
|
$209,900
2 Bed
1 Bath
1014 ft²
|
$209,900
08/14/2015
|
Michael Foulds
Trinity Real Estate
| |
|
05/14/2015
|
2 Bed
|
1 Bath
|
1014 ft²
|
$170,000
2 Bed
1 Bath
1014 ft²
|
$175,000
+2.94%
07/22/2015
|
Nicholas Piraino
Realty One Group Nest
| |
|
08/12/2013
|
2 Bed
|
2 Bath
|
1080 ft²
|
$199,900
2 Bed
2 Bath
1080 ft²
|
$192,000
-3.95%
09/26/2013
|
Cookie Melanson
Century 21 North East
| |
|
06/12/2012
|
2 Bed
|
1 Bath
|
1014 ft²
|
$139,900
2 Bed
1 Bath
1014 ft²
|
$137,900
-1.43%
08/31/2012
|
Thomas Frost
EXIT Realty Beatrice Associates
| |
|
04/04/2011
|
2 Bed
|
1 Bath
|
1080 ft²
|
$188,500
2 Bed
1 Bath
1080 ft²
|
-
-
|
Shari McStay
Keller Williams Realty
| |
|
01/19/2011
|
2 Bed
|
2 Bath
|
1080 ft²
|
$166,000
2 Bed
2 Bath
1080 ft²
|
$145,000
-12.65%
03/22/2013
|
Nina Lawrence
Century 21 N. Shore
| |
|
11/09/2010
|
2 Bed
|
1 Bath
|
1014 ft²
|
$149,500
2 Bed
1 Bath
1014 ft²
|
-
-
|
Listing Group
Lamacchia Realty, Inc.
| |
|
03/26/2010
|
2 Bed
|
2 Bath
|
1080 ft²
|
$187,500
2 Bed
2 Bath
1080 ft²
|
$181,500
-3.20%
11/19/2010
|
Alan Indeck
Indeck Real Estate
| |
|
03/08/2010
|
2 Bed
|
1 Bath
|
1014 ft²
|
$175,500
2 Bed
1 Bath
1014 ft²
|
-
-
|
Maryellen Mitchell
J. Barrett & Company
| |
|
10/30/2009
|
2 Bed
|
1 Bath
|
1014 ft²
|
$185,000
2 Bed
1 Bath
1014 ft²
|
$185,000
12/28/2009
|
Elaine Sawyer
Royal Shell Real Estate, Inc
| |
|
05/21/2009
|
2 Bed
|
1 Bath
|
1080 ft²
|
$190,000
2 Bed
1 Bath
1080 ft²
|
$180,000
-5.26%
11/24/2009
|
Kristy Bonaventura
Compass
| |
|
04/12/2007
|
2 Bed
|
1 Bath
|
1014 ft²
|
$215,000
2 Bed
1 Bath
1014 ft²
|
$213,500
-0.70%
08/29/2007
|
Katherine Pessin
Coldwell Banker Realty - Beverly
| |
|
11/21/2006
|
2 Bed
|
2 Bath
|
1080 ft²
|
$212,900
2 Bed
2 Bath
1080 ft²
|
$215,000
+0.99%
04/17/2007
|
Ronald McKinnon
Keller Williams Realty Evolution
| |
|
12/12/2005
|
2 Bed
|
2 Bath
|
1053 ft²
|
$289,900
2 Bed
2 Bath
1053 ft²
|
$282,000
-2.73%
03/30/2006
|
Gayle Estrella
Coldwell Banker Realty - Beverly
| |
|
02/15/2005
|
2 Bed
|
1 Bath
|
1080 ft²
|
$239,900
2 Bed
1 Bath
1080 ft²
|
$239,900
04/28/2005
|
Dorothy Felch
Century 21 N. Shore
| |
|
10/10/2003
|
2 Bed
|
1 Bath
|
1014 ft²
|
$209,900
2 Bed
1 Bath
1014 ft²
|
$200,000
-4.72%
01/12/2004
|
Frederick Brennan
Tache Real Estate, Inc.
| |
|
09/29/2003
|
2 Bed
|
2 Bath
|
1082 ft²
|
$200,000
2 Bed
2 Bath
1082 ft²
|
$200,000
12/12/2003
|
Gail Tyrrell
Churchill Properties
| |
|
06/28/2003
|
2 Bed
|
1 Bath
|
1014 ft²
|
$219,000
2 Bed
1 Bath
1014 ft²
|
$208,000
-5.02%
09/12/2003
|
Sue Palomba
Mango Realty, Inc.
| |
|
09/13/2002
|
2 Bed
|
2 Bath
|
1080 ft²
|
$195,000
2 Bed
2 Bath
1080 ft²
|
$195,000
10/31/2002
|
Jean Paddol
Fortunato Agency
| |
|
08/22/2001
|
2 Bed
|
2 Bath
|
1080 ft²
|
$179,900
2 Bed
2 Bath
1080 ft²
|
$168,000
-6.61%
12/28/2001
|
Gayle Estrella
Coldwell Banker Realty - Beverly
| |
|
08/08/2001
|
2 Bed
|
2 Bath
|
1080 ft²
|
$185,000
2 Bed
2 Bath
1080 ft²
|
$187,250
+1.22%
09/28/2001
|
Bari Michelman Johnson
Dewolfe-Beverly
| |
|
06/25/2001
|
2 Bed
|
2 Bath
|
1080 ft²
|
$185,000
2 Bed
2 Bath
1080 ft²
|
$185,000
07/27/2001
|
Bari Michelman Johnson
Dewolfe-Beverly
| |
|
04/16/2001
|
2 Bed
|
2 Bath
|
1100 ft²
|
$169,900
2 Bed
2 Bath
1100 ft²
|
$163,000
-4.06%
05/31/2001
|
Sara Fishbane
Sara Fishbane Real Estate
| |
|
03/30/2001
|
2 Bed
|
2 Bath
|
1100 ft²
|
$169,900
2 Bed
2 Bath
1100 ft²
|
$169,900
07/13/2001
|
Susan Keenan
RE/MAX 360
| |
|
09/09/2000
|
2 Bed
|
1 Bath
|
1014 ft²
|
$145,000
2 Bed
1 Bath
1014 ft²
|
$145,000
10/27/2000
|
Kathleen Demarkles Essler
J. Barrett & Company
| |
|
07/14/2000
|
2 Bed
|
2 Bath
|
1080 ft²
|
$150,000
2 Bed
2 Bath
1080 ft²
|
$150,250
+0.17%
09/28/2000
|
Patti LeBlanc
Century 21 North East
| |
|
11/11/1999
|
2 Bed
|
1 Bath
|
1014 ft²
|
$128,900
2 Bed
1 Bath
1014 ft²
|
$130,000
+0.85%
12/22/1999
|
Patricia Marcotte
RE/MAX 360
| |
|
02/05/1999
|
2 Bed
|
2 Bath
|
1014 ft²
|
$116,900
2 Bed
2 Bath
1014 ft²
|
$116,000
-0.77%
07/16/1999
|
Deborah Brown
Churchill Properties
| |
|
09/17/1998
|
2 Bed
|
1 Bath
|
1014 ft²
|
$108,000
2 Bed
1 Bath
1014 ft²
|
$108,000
11/12/1998
|
Sara Fishbane
Sara Fishbane Real Estate
| |
|
09/14/1998
|
2 Bed
|
1 Bath
|
1014 ft²
|
$93,785
2 Bed
1 Bath
1014 ft²
|
$93,785
10/19/1998
|
Janet Perrone
Northrup Associates
| |
|
08/07/1998
|
2 Bed
|
1 Bath
|
1014 ft²
|
$104,900
2 Bed
1 Bath
1014 ft²
|
$102,000
-2.76%
08/27/1998
|
Toni Butler
Century 21 North East
| |
|
06/10/1998
|
2 Bed
|
2 Bath
|
1080 ft²
|
$109,000
2 Bed
2 Bath
1080 ft²
|
$109,000
07/31/1998
|
Joyce Carle
Carlson GMAC Real Estate
| |
|
03/19/1998
|
2 Bed
|
2 Bath
|
1053 ft²
|
$107,000
2 Bed
2 Bath
1053 ft²
|
$107,000
06/01/1998
|
Gayle Estrella
Coldwell Banker Realty - Beverly
| |
|
07/18/1996
|
2 Bed
|
1 Bath
|
1014 ft²
|
$89,900
2 Bed
1 Bath
1014 ft²
|
$88,500
-1.56%
11/06/1996
|
Bob Soucy
Little & Co., REALTORS®
| |
|
05/15/1996
|
2 Bed
|
2 Bath
|
1080 ft²
|
$89,000
2 Bed
2 Bath
1080 ft²
|
$84,000
-5.62%
06/28/1996
|
Del Brady
Coldwell Banker Realty - Manchester
| |
|
04/09/1996
|
2 Bed
|
2 Bath
|
1080 ft²
|
$89,860
2 Bed
2 Bath
1080 ft²
|
$83,500
-7.08%
06/20/1996
|
Michael Wray
RE/MAX Advantage Real Estate
| |
|
02/06/1996
|
2 Bed
|
1 Bath
|
1014 ft²
|
$85,500
2 Bed
1 Bath
1014 ft²
|
$75,500
-11.70%
06/26/1996
|
Janice Fisher
Coldwell Banker Realty - Beverly
| |
|
01/23/1996
|
Loft
|
1 Bath
|
1014 ft²
|
$89,500
Loft
1 Bath
1014 ft²
|
$87,000
-2.79%
06/28/1996
|
Ken Anslono
NextHome Now
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017