39 Abington Road #39
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.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $450,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| | |||
|
Welcome to this charming garden-style condo in the desirable River Run community! This 2 Bedroom 2 Bath unit features an open floor plan and stunning hardwood floors throughout. The contemporary kitchen is equipped with quartz countertops, stainless steel appliances, recessed lighting, and a handy breakfast bar, perfect for quick meals. The spacious dining area opens to a screened porch via a sliding door and seamlessly connects to the cozy living room. The primary bedroom boasts double closets and a private 3/4 bath, while the second bedroom offers ample closet space and access to a full bath. For added convenience, there's in-unit laundry. Additional perks include a dedicated garage space, with an adjacent large storage unit with shelving, and utility room with additional storage. Enjoy community amenities like a pool and clubhouse, perfect for summer fun. Conveniently located near downtown, shopping, dining, walking trails, and all that Danvers has to offer.
| |||
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Aug 23, 2021 | Listed by Coldwell Banker Realty - Lynnfield | $389,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| Aug 11, 2020 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2024
|
2 Bed
|
2 Bath
|
1099 ft²
|
$450,000
2 Bed
2 Bath
1099 ft²
|
$510,000
+13.33%
06/21/2024
|
Evelyn Rockas
Coldwell Banker Realty - Lynnfield
| |
|
08/23/2021
|
2 Bed
|
2 Bath
|
1099 ft²
|
$389,900
2 Bed
2 Bath
1099 ft²
|
$408,000
+4.64%
11/30/2021
|
Deborah Terlik
Keller Williams Realty
| |
|
07/07/2020
|
2 Bed
|
2 Bath
|
1099 ft²
|
$359,000
2 Bed
2 Bath
1099 ft²
|
$340,000
-5.29%
08/11/2020
|
Deborah Terlik
Keller Williams Realty
| |
|
11/13/1997
|
2 Bed
|
2 Bath
|
1100 ft²
|
$169,900
2 Bed
2 Bath
1100 ft²
|
$166,500
-2.00%
12/12/1997
|
Sara Fishbane
Sara Fishbane Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017