$654,500
●
Condo -
Off Market
43 Needham Road #2
Danvers, MA 01923
2 Beds
2 Baths,
1
Half Bath
1,782 Ft²
$4,076
Est. Monthly
$190
HOA / Fees
3.53%
Cap Rate
About This Property
MOVE RIGHT IN! On a corner lot on a dead-end street, this FULLY
REMODELED 2-bed + private office, 2.5-bath checks every box. The
open-concept main floor features a stunning living room with
cathedral ceilings, gas fireplace with custom mantel, chandelier,
tons of natural light & slider to your private patio/ fenced
outdoor space. Kitchen impresses with quartz counters,shaker
cabinets,artisan tile backsplash,SS appliances & eat in island &
opens to Dining area. Private office & tiled half bath
complete the first floor.Upper levels feature ensuite Primary with
double vanity & designer tiled shower, plus a large second bedroom
fitting a king + sitting area, skylight with sliding door to water
views. Full main bath with tiled tub & shower.Oversized
custom-built patio in a fully fenced backyard with garden beds.
Newer HVAC, electric, plumbing, floors, appliances, roof, siding,
insulation & Andersen windows.Private basement w/laundry. Low condo
fee w/reserves.Pet friendly. Commuter's dream
Unit Size
1,782 Ft²
Days on Market
-
Land Size
-
Price per sqft
$379
Property Type
Condo
Property Taxes
$572
HOA Dues
$190
Year Built
1840
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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: 3 months ago (MLSPIN #73529019)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 19, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Price Decreased |
$674,900
↓ $15K
(2.2%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by Charlesgate Realty Group, llc | $689,900 | |
| Listed by Charlesgate Realty Group, llc | |||
| Mar 7, 2024 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street, Deeded
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Other, Office, Internet Available - Unknown
Appliances: Range, Dishwasher, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer, Range Hood
Flooring Type: Tile
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1782
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 1782
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Patio
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $593,500
Tax Annual Amount: $6,862
Utilities Details
Cooling Type: Heat Pump, Ductless
Heating Type: Heat Pump, Ductless
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Trash, Reserve Funds
HOA Fee: $190
HOA Fee Frequency: Monthly
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017