$645,000
●
Condo -
Off Market
43 Needham Road #1
Danvers, MA 01923
3 Beds
3 Baths,
1
Half Bath
1,470 Ft²
$3,871
Est. Monthly
$225
HOA / Fees
4.65%
Cap Rate
About This Property
First showings OH! Welcome to your NEW COMPLETELY RENOVATED home
sitting on a corner lot located on a quiet DEAD END street. This
sun drenched 3 bed/2.5 bath checks off all the boxes. Main floor
with Open concept living room/Dining/Kitchen featuring quartz
countertops, shaker cabinets, artisan tile backsplash, SS
appliances & island perfect for holiday entertaining! Laundry &
tiled half bath complete first floor. Second floor with 2 large
bedrooms and full bathroom with tiled tub & shower. Step up
to your EN-SUITE primary bed oasis! Primary bathroom with double
vanity & designer tiled shower. Large bedroom to fit king size bed
& sitting area for to work, studies or relaxation.Sliding door with
WATER VIEWS. Quality construction with NEW Energy efficient HVAC,
Electric, Plumbing throughout, floors, appliances, Roof,
Siding, foam insulation, Andersen windows. LARGE fenced exclusive
use yard & driveway. PET FRIENDLY! Private basement.
COMMUTERS DREAM. Close to major highways & Shopping
Unit Size
1,470 Ft²
Days on Market
-
Land Size
-
Price per sqft
$442
Property Type
Condo
Property Taxes
$458
HOA Dues
$225
Year Built
1840
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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: 3 years ago (MLSPIN #73178493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Nov 15, 2023 | In contract | - | |
| In contract | |||
| Nov 8, 2023 | Listed by Atlantic Coast Homes,Inc | $649,000 | |
| Listed by Atlantic Coast Homes,Inc | |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Level: Main, First
Width: 10
Length: 16
Features: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Pendant
Area: 160
Level: Second
Area: 45
Width: 5
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Lighting - Sconce
Length: 9
Area: 18
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Length: 6
Level: Main, First
Width: 3
Level: Second
Features: Closet
Width: 13
Length: 14
Area: 182
Features: Closet
Width: 13
Length: 14
Area: 182
Level: Second
Length: 19
Level: Main, First
Area: 247
Features: Bathroom - Half, Closet, Flooring - Hardwood, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan, Recessed Lighting
Width: 13
Width: 5
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
Level: Third
Area: 60
Length: 12
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Skylight, Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Recessed Lighting, Slider
Level: Third
Length: 20
Width: 20
Area: 400
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, Range Hood, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood, Engineered Hardwood
Laundry Features: First Floor, In Unit
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Deeded, Driveway, Paved
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate, Renovated Since, Finished, Never Occupied
PropertySubType: Condominium
Structure Type: Townhouse, Half-Duplex
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s), Screens
Construction Materials: Frame, Post & Beam
Patio and Porch Features: Deck, Deck - Composite
Lead Paint: None
Lot Size Units: Acres
Zoning: r1
Parcel Number: 1881898
Water Source: Public
Financial Details
Tax Assessed Value: $650,000
Tax Annual Amount: $5,500
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Heat Pump, Ductless
Heating Type: Electric Baseboard, Heat Pump, Ductless
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $225
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Pets Allowed: Yes
Complex is Completed
Management: Developer Control, Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
06/03/2026
|
2 Bed
|
2 Bath
|
1782 ft²
|
$689,900
2 Bed
2 Bath
1782 ft²
|
$654,500
-5.13%
07/07/2026
|
Tyler Kowalczik
Charlesgate Realty Group, llc
| |
|
11/15/2023
|
2 Bed
|
3 Bath
|
1490 ft²
|
$669,000
2 Bed
3 Bath
1490 ft²
|
$652,000
-2.54%
03/07/2024
|
Jennifer Crowe
Atlantic Coast Homes,Inc
| |
|
11/09/2023
| |
5 Bed
|
6 Bath
|
-
|
$1,300,000
5 Bed
6 Bath
|
-
12/15/2023
|
Jennifer Crowe
Atlantic Coast Homes,Inc
|
|
11/08/2023
|
3 Bed
|
3 Bath
|
1470 ft²
|
$649,000
3 Bed
3 Bath
1470 ft²
|
$645,000
-0.62%
12/14/2023
|
Jennifer Crowe
Atlantic Coast Homes,Inc
| |
|
08/03/2022
| |
4 Bed
|
1 Bath
|
2106 ft²
|
$429,000
4 Bed
1 Bath
2106 ft²
|
$450,000
+4.90%
09/12/2022
|
Terri Sheppard
J. Barrett & Company
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017