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$150,000
● Condo - Off Market

52 Purchase #A2

Danvers, MA
bedrooms
1 Bed
bathrooms
1 Bath
square feet
645 Ft²
$277,334
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

Adorable one bedroom condo. Many recent updates include New appliances, A/C and windows. Large rooms, plenty of closets and storage space and low condo fee covers heat & hot water. Move right in and enjoy the summer swimming in the beautiful in-ground pool!** Cats allowed**
Unit Size
645 Ft²
Days on Market
-
Land Size
-
Price per sqft
$248
Property Type
Condo
Property Taxes
$129
HOA Dues
$145
Year Built
-

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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: 4 years ago (MLSPIN #70602854)

Price History

Date / Event Date Event Price
Aug 15, 2007 Sold
Premium
Sold
Jun 21, 2007 Listed by Armstrong Field Real Estate $159,900
Listed by Armstrong Field Real Estate

Property Highlights

Air Conditioning
Parking Available
Interior Details
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Refrigerator, Oil Water Heater
Flooring Type: Vinyl, Carpet
Rooms: 3
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Security Features: Other, Security System
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association, In Ground
Lot Size Units: Acres
Zoning: R1
Parcel Number: 1881030
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $166,100
Tax Annual Amount: $1,548
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry
HOA Fee: $145
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Stable(s), Golf, Medical Facility
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70602854
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