$231,000
●
Condo -
Off Market
52 Purchase Street #B2
Danvers, MA 01923
1 Bed
1 Bath
645 Ft²
$324,692
RealtyHop Estimate
38.46%
Since May 1, 2020
MA-Boston
Primary Model
About This Property
Fully renovated one bedroom one bath condo at Amherst Condominiums.
Open plan kitchen living room. Kitchen fully renovated in 2019 with
granite counters, new cabinets and stainless appliances. Beautiful
tiled bathroom, perfectly sized bedroom with lots of light. All new
windows, one exclusive parking space, visitor parking and in
building laundry complete the offer. Convenient to highways,
walking distance to downtown Danvers. Come see this beautiful home
and move in just in time to enjoy the association pool this
summer.
Unit Size
645 Ft²
Days on Market
-
Land Size
-
Price per sqft
$364
Property Type
Condo
Property Taxes
$162
HOA Dues
$278
Year Built
-
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Cap Rate Calculator
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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: 5 years ago (MLSPIN #72628808)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2020 | Sold | ||
| Sold | |||
| Mar 5, 2020 | Listed by Today Real Estate, Inc. | $234,500 | |
| Listed by Today Real Estate, Inc. | |||
| Oct 9, 2019 | Sold | ||
| Sold | |||
| Jul 4, 2019 | Listed by The Thomson Companies | $229,900 | |
| Listed by The Thomson Companies | |||
| | |||
|
If you loved this unit the first time around, here is your second chance!! Back on the market! Beautifully renovated unit at Amherst Condominium. Just move right in to this 1BR, 1 BA unit in 24 unit building. Kitchen boasts tile floor, glass and stone backsplash, granite countertops, stainless appliances. Bathroom offers tub top to ceiling glass tile, tile floor, new toilet and carrera marble top vanity. Brand new top of the line Friedrich air conditioner. Association is established and efficiently managed . Condominium offers in-ground pool, extra storage, on site laundry facilities and deeded off street parking and is close to all of what Danvers has to offer. Easy access to highway, shopping, downtown, restaurants, malls, trails and parks. Great option for first time buyer, downsizer, someone desiring single level living or just a wonderful opportunity to buy and live for less than renting. Parking Spot is # 6, with ample visitor spots.
| |||
| Apr 18, 2019 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Cabinets - Upgraded, Open Floorplan, Remodeled
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Flooring - Laminate, Countertops - Upgraded, Remodeled
Level: First
Features: Closet, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Remodeled
Level: First
Features: Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Window(s) - Picture, Open Floorplan, Remodeled
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Off Street, Assigned, Exclusive Parking
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Amherst Condominium
Structure Type: Mid-Rise
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Brick
Lead Paint: Unknown
Pool Features: Association
Lot Size Units: Acres
Zoning: R1
Parcel Number: 1881036
Water Source: Public
Financial Details
Tax Assessed Value: $146,500
Tax Annual Amount: $1,945
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Pool, Laundry, Storage
HOA Fee: $278
Community Features: Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
05/28/2024
|
1 Bed
|
1 Bath
|
645 ft²
|
$289,000
1 Bed
1 Bath
645 ft²
|
$310,000
+7.27%
07/01/2024
|
Sandra Gardner
Smart Move Realty
| |
|
05/10/2022
|
2 Bed
|
1 Bath
|
805 ft²
|
$295,000
2 Bed
1 Bath
805 ft²
|
$316,000
+7.12%
08/03/2022
|
Anthony Castellano
Lamacchia Realty, Inc.
| |
|
09/23/2021
|
1 Bed
|
1 Bath
|
645 ft²
|
$260,000
1 Bed
1 Bath
645 ft²
|
$247,500
-4.81%
11/05/2021
|
Erica Covelle
LAER Realty Partners
| |
|
08/03/2021
|
1 Bed
|
1 Bath
|
645 ft²
|
$239,800
1 Bed
1 Bath
645 ft²
|
$220,000
-8.26%
11/15/2021
|
Pamela Cote
RE/MAX 360
| |
|
03/05/2020
|
1 Bed
|
1 Bath
|
645 ft²
|
$234,500
1 Bed
1 Bath
645 ft²
|
$231,000
-1.49%
04/23/2020
|
Adam Gustafson
Today Real Estate, Inc.
| |
|
09/03/2019
|
1 Bed
|
1 Bath
|
645 ft²
|
$189,900
1 Bed
1 Bath
645 ft²
|
$189,900
10/16/2019
|
The Lopes Group
J. Barrett & Company
| |
|
03/20/2019
|
1 Bed
|
1 Bath
|
645 ft²
|
$186,500
1 Bed
1 Bath
645 ft²
|
$190,600
+2.20%
04/18/2019
|
Shannon Barror
Keller Williams Realty
| |
|
04/30/2019
|
1 Bed
|
1 Bath
|
670 ft²
|
$200,000
1 Bed
1 Bath
670 ft²
|
$205,700
+2.85%
06/20/2019
|
Mitchell Rosenwald
RE/MAX Advantage Real Estate
| |
|
06/25/2018
|
1 Bed
|
1 Bath
|
645 ft²
|
$205,000
1 Bed
1 Bath
645 ft²
|
$205,000
08/31/2018
|
Pam Spiros
Coldwell Banker Realty - Beverly
| |
|
06/07/2018
|
1 Bed
|
1 Bath
|
645 ft²
|
$214,900
1 Bed
1 Bath
645 ft²
|
$225,000
+4.70%
07/20/2018
|
Maria Gattuso
Mayflower Realty Group
| |
|
05/16/2018
|
1 Bed
|
1 Bath
|
670 ft²
|
$209,000
1 Bed
1 Bath
670 ft²
|
$200,000
-4.31%
06/20/2018
|
Philip O'Donnell
Armstrong Field Real Estate
| |
|
04/16/2018
|
2 Bed
|
1 Bath
|
805 ft²
|
$220,000
2 Bed
1 Bath
805 ft²
|
$210,000
-4.55%
06/15/2018
|
Liz Giannasca
Cameron Real Estate Group
| |
|
04/08/2018
|
2 Bed
|
1 Bath
|
805 ft²
|
$189,000
2 Bed
1 Bath
805 ft²
|
$210,000
+11.11%
05/08/2018
|
Julie D'Arcangelo
Coldwell Banker Realty Pelham
| |
|
04/25/2017
|
1 Bed
|
1 Bath
|
645 ft²
|
$155,000
1 Bed
1 Bath
645 ft²
|
$152,000
-1.94%
06/30/2017
|
Paul Rallo
Keller Williams Realty
| |
|
04/03/2017
|
2 Bed
|
1 Bath
|
800 ft²
|
$165,000
2 Bed
1 Bath
800 ft²
|
$165,000
06/01/2017
|
Paul Rallo
Keller Williams Realty
| |
|
01/17/2017
|
1 Bed
|
1 Bath
|
645 ft²
|
$149,900
1 Bed
1 Bath
645 ft²
|
$144,000
-3.94%
03/28/2017
|
Paul Rallo
Keller Williams Realty
| |
|
12/10/2015
|
1 Bed
|
1 Bath
|
645 ft²
|
$149,900
1 Bed
1 Bath
645 ft²
|
$145,000
-3.27%
02/26/2016
|
Amy LeBlanc
William Raveis R.E. & Home Services
| |
|
12/27/2013
|
1 Bed
|
1 Bath
|
645 ft²
|
$129,000
1 Bed
1 Bath
645 ft²
|
$127,500
-1.16%
02/14/2014
|
Kelly Anne Catallo
COSMOPOLITAN Real Estate, Inc.
| |
|
07/29/2011
|
1 Bed
|
1 Bath
|
645 ft²
|
$115,000
1 Bed
1 Bath
645 ft²
|
$109,000
-5.22%
09/16/2011
|
Jody Falkingham
Lynn Elite Realty
| |
|
06/24/2010
|
2 Bed
|
1 Bath
|
805 ft²
|
$154,900
2 Bed
1 Bath
805 ft²
|
$145,000
-6.39%
09/24/2010
|
Peter M. Payson, Jr.
Keller Williams Realty
| |
|
10/05/2007
|
1 Bed
|
1 Bath
|
645 ft²
|
$159,900
1 Bed
1 Bath
645 ft²
|
$134,900
-15.63%
08/27/2008
|
Stephen Smidt
Coldwell Banker Residential Brokerage - Lynnfield
| |
|
06/21/2007
|
1 Bed
|
1 Bath
|
645 ft²
|
$159,900
1 Bed
1 Bath
645 ft²
|
$150,000
-6.19%
08/15/2007
|
Cathy Sullivan-Bradley
Armstrong Field Real Estate
| |
|
04/17/2007
|
1 Bed
|
1 Bath
|
645 ft²
|
$124,900
1 Bed
1 Bath
645 ft²
|
$124,900
03/28/2008
|
Stephen Martel
Costello Realty
| |
|
03/11/2006
|
2 Bed
|
1 Bath
|
805 ft²
|
$190,000
2 Bed
1 Bath
805 ft²
|
$180,000
-5.26%
04/28/2006
|
Leslie Harrington
Carlson GMAC Real Estate
| |
|
02/27/2006
|
1 Bed
|
1 Bath
|
645 ft²
|
$159,000
1 Bed
1 Bath
645 ft²
|
$153,000
-3.77%
04/14/2006
|
Melissa Matthews
Palmer Russell Company
| |
|
01/17/2006
|
2 Bed
|
1 Bath
|
805 ft²
|
$219,000
2 Bed
1 Bath
805 ft²
|
$225,000
+2.74%
06/06/2006
|
Ray McGuiggin
| |
|
07/06/2005
|
1 Bed
|
1 Bath
|
645 ft²
|
$179,900
1 Bed
1 Bath
645 ft²
|
$174,900
-2.78%
08/08/2005
|
Carl Lorenzetti
ZipRealty, Inc
| |
|
09/14/2004
|
2 Bed
|
1 Bath
|
805 ft²
|
$196,500
2 Bed
1 Bath
805 ft²
|
$180,000
-8.40%
12/14/2004
|
Igor Lipovsky
Re/max Millenium North, Inc.
| |
|
08/30/2004
|
1 Bed
|
1 Bath
|
645 ft²
|
$185,900
1 Bed
1 Bath
645 ft²
|
$175,500
-5.59%
11/01/2004
|
Jeremy Dalton
| |
|
04/21/2004
|
2 Bed
|
1 Bath
|
815 ft²
|
$209,000
2 Bed
1 Bath
815 ft²
|
$209,500
+0.24%
06/30/2004
|
Colleen Madey
Coldwell Banker Residential Brokerage - Beverly
| |
|
08/15/2003
|
1 Bed
|
1 Bath
|
645 ft²
|
$154,900
1 Bed
1 Bath
645 ft²
|
$150,000
-3.16%
09/30/2003
|
Elaine Sawyer
Royal Shell Real Estate, Inc
| |
|
04/30/2003
|
2 Bed
|
1 Bath
|
805 ft²
|
$189,000
2 Bed
1 Bath
805 ft²
|
$178,000
-5.82%
06/13/2003
|
Daniel Corbett
Don Corbett R. E.
| |
|
03/19/2003
|
1 Bed
|
1 Bath
|
645 ft²
|
$149,900
1 Bed
1 Bath
645 ft²
|
$148,500
-0.93%
06/26/2003
|
Linda Bertelli
Century 21 North Shore
| |
|
01/09/2003
|
1 Bed
|
1 Bath
|
660 ft²
|
$149,900
1 Bed
1 Bath
660 ft²
|
$146,000
-2.60%
04/17/2003
|
Patti LeBlanc
Century 21 North Shore
| |
|
03/11/2002
|
1 Bed
|
1 Bath
|
645 ft²
|
$129,900
1 Bed
1 Bath
645 ft²
|
$129,900
04/26/2002
|
Jean Paddol
Fortunato Agency
| |
|
05/20/2000
|
1 Bed
|
1 Bath
|
645 ft²
|
$92,000
1 Bed
1 Bath
645 ft²
|
$92,000
06/22/2000
|
Linda Bertelli
Century 21 North Shore
| |
|
06/07/1999
|
1 Bed
|
1 Bath
|
645 ft²
|
$83,900
1 Bed
1 Bath
645 ft²
|
$81,500
-2.86%
07/26/1999
|
Linda Bertelli
| |
|
12/08/1998
|
1 Bed
|
1 Bath
|
645 ft²
|
$74,900
1 Bed
1 Bath
645 ft²
|
$73,250
-2.20%
04/30/1999
|
Cathy Sullivan-Bradley
Armstrong Field Real Estate
| |
|
10/27/1998
|
1 Bed
|
1 Bath
|
400 ft²
|
$76,000
1 Bed
1 Bath
400 ft²
|
$72,500
-4.61%
02/26/1999
|
Beverly Popielski
J. Barrett & Company
| |
|
03/07/1995
|
2 Bed
|
1 Bath
|
805 ft²
|
$69,900
2 Bed
1 Bath
805 ft²
|
$67,500
-3.43%
06/26/1995
|
Stephen Collins
Executive Realty
| |
|
09/20/1994
|
1 Bed
|
1 Bath
|
645 ft²
|
$59,900
1 Bed
1 Bath
645 ft²
|
$59,900
11/30/1994
|
Marion Kiley
Carlson GMAC Real Estate
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017