49 Poplar #2
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $419,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| |||
|
NEW TO THE DANVERS MARKET. Spacious, Sun Filled, & Newly Updated Garden Style Condo with Refinished Wood Floors, Private Enclosed Patio & Yard with Perennial Garden. Kitchen boasts New butcherblock countertops, tile backsplash, electric stove, hood and custom banquet style dining area seating. Large Full Bath with full-size washer/dryer, & New sink and cabinetry. Oversize Living Room with large plank wood floors, exterior access to private enclosed patio with new pavers, & yard. Main Bedroom easily accommodates a King Size bed & accompanying furniture, decorative fireplace, new wainscoting & wide plank wood floors. The 2nd bedroom features a built-in desk & ample space for a full size bed and closet. This unit has function & form with loads of storage space & is in move-in condition. Extra bonus of a garage, 2 car deeded parking spaces & a Bonus 20x14 rear yard space. Moments to the Rail Trail, Shopping, Restaurants & all that Danvers can offer. Make this your next move.
| |||
| Jun 29, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2025
|
2 Bed
|
1 Bath
|
935 ft²
|
$419,900
2 Bed
1 Bath
935 ft²
|
$425,000
+1.21%
08/26/2025
|
The Rental Team
Hayden Rowe Properties
| |
|
03/31/2023
|
2 Bed
|
1 Bath
|
924 ft²
|
$399,000
2 Bed
1 Bath
924 ft²
|
$360,000
-9.77%
06/29/2023
|
Kerry Cheever
Cheever Associates
| |
|
03/31/2023
|
4 Bed
|
1 Bath
|
1403 ft²
|
$429,000
4 Bed
1 Bath
1403 ft²
|
$399,000
-6.99%
07/28/2023
|
Kerry Cheever
Cheever Associates
| |
|
03/31/2023
|
1 Bed
|
1 Bath
|
474 ft²
|
$229,900
1 Bed
1 Bath
474 ft²
|
$220,000
-4.31%
06/23/2023
|
Kerry Cheever
Cheever Associates
| |
|
03/31/2023
|
1 Bed
|
1 Bath
|
474 ft²
|
$299,000
1 Bed
1 Bath
474 ft²
|
$220,000
-26.42%
06/23/2023
|
Kerry Cheever
Cheever Associates
| |
|
03/31/2023
| |
8 Bed
|
3 Bath
|
-
|
$978,900
8 Bed
3 Bath
|
-
-
|
Kerry Cheever
Cheever Associates
|
|
08/23/2022
| |
8 Bed
|
3 Bath
|
-
|
$1,199,999
8 Bed
3 Bath
|
$220,000
-81.67%
06/23/2023
|
Michael McNiff
Coldwell Banker Realty - Beverly
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017