$369,000
●
Condo -
Off Market
47 Locust #1
Danvers, MA
4 Beds
2 Baths
2,216 Ft²
$544,362
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Unique opportunity, fantastic location! Great value.
Single family alternative at a truly great value.
Rustic charm with exposed wood beams, cathedral ceiling in
den, master bedroom and jaccuzzi/sunroom. This first floor,
4-bedroom condo is located in a highly-desired location of town.
In-unit laundry connections, beautiful hardwood floors, brand
new carpeting in bedrooms and den, ample outdoor space, driveway
parking plus one deeded garage space. Lots of storage space.
Close to town, shops and restaurants. Rail trail access close
by. Pets allowed. So much charm and opportunity to make this
space your "home-sweet-home". "Shield Essential" home
warranty offered by sellers, for 1-year from purchase date.
Unit Size
2,216 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$167
Property Type
Condo
Property Taxes
$357
HOA Dues
-
Year Built
-
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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 #72472033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2019 | Sold | ||
| Sold | |||
| Mar 28, 2019 | Listed by Coldwell Banker Realty - Lynnfield | $369,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
Property Highlights
Garage
Parking Available
Fireplace
Interior Details
Level: First
Width: 12
Length: 10
Features: Pantry, Open Floorplan
Area: 120
Level: First
Area: 30
Width: 6
Features: Bathroom - With Shower Stall
Length: 5
Area: 30
Features: Bathroom - With Tub & Shower
Length: 5
Level: First
Width: 6
Level: First
Features: Flooring - Hardwood
Width: 16
Length: 10
Area: 160
Area: 121
Length: 11
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 11
Width: 14
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
Length: 13
Level: First
Area: 182
Features: Flooring - Wall to Wall Carpet
Width: 11
Length: 11
Area: 121
Level: First
Length: 13
Level: First
Area: 195
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
Width: 15
Length: 11
Level: First
Features: Wood / Coal / Pellet Stove, Deck - Exterior, Open Floorplan, Recessed Lighting
Width: 25
Area: 275
Features: Bathroom - 3/4, Skylight, Cathedral Ceiling(s), Flooring - Wall to Wall Carpet
Level: First
Length: 14
Width: 14
Area: 196
Features: Yes
Full Bathrooms: 2
Interior Features: Storage, Ceiling - Cathedral, Walk-in Storage, Loft, Den, Sun Room, Sauna/Steam/Hot Tub
Appliances: Range, Dishwasher, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: First Floor, In Unit, Washer Hookup
Rooms: 11
Has Fireplace
Fireplace Features: Dining Room, Living Room, Bedroom
Fireplaces: 4
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Deeded, Off Street, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate, Renovated Since
PropertySubType: Condominium
Building Name: Locust Street Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Skylight(s), Skylight
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Zoning: R2
Parcel Number: 035 148 001, 1876374
Water Source: Public
Financial Details
Tax Assessed Value: $316,500
Tax Annual Amount: $4,285
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Baseboard, Hot Water
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Management: Other (See Remarks)
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017