$316,000
●
Condo -
Off Market
52 Purchase Street #C8
Danvers, MA 01923
2 Beds
1 Bath
805 Ft²
$308,228
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model
About This Property
Well-established & efficiently managed condo complex in a
beautifully maintained brick building. This unit offers one-level
living & is the perfect size for the 1st time buyer or someone
looking to downsize. Why rent when you have a great opportunity to
buy, own your own home & have room to build some equity & live for
less than the cost of renting. This 2 bedroom unit features
an open floor plan w/ an eat-in kitchen, generous size living room
& bath The low condo fee includes heat & hot water. The building
has common laundry. Minutes to Route 128, Danvers Center &
Liberty Tree Mall/North Shore Mall makes this a commuter's dream!
Unit Size
805 Ft²
Days on Market
-
Land Size
-
Price per sqft
$366
Property Type
Condo
Property Taxes
$267
HOA Dues
$350
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 months ago (MLSPIN #72978660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2022 | Sold | ||
| Sold | |||
| May 10, 2022 | Listed by Lamacchia Realty, Inc. | $295,000 | |
| Listed by Lamacchia Realty, Inc. | |||
| Jun 6, 2006 | Sold | ||
| Sold | |||
| Jan 17, 2006 | Listed by Country Crossroads Realty Associates LLC | $219,000 | |
| Listed by Country Crossroads Realty Associates LLC | |||
| | |||
|
This beautiful condo was totally renovated Jan. 2006. It features a fully applianced eat-in kitchen with new maple cabinetry, new counters and tile floor. The updated bath boasts granite counter and marble tile floor. In addition, all new windows, new Berber carpet and freshly painted walls make it a very desirable unit.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Deeded, Guest, Paved
Interior Details
Full Bathrooms: 1
Appliances: Range, Disposal, Refrigerator
Flooring Type: Tile, Wood Laminate
Laundry Features: In Building
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 805
Year Built Source: Public Records
Year Built: 1971
Building Name: Amherst Condominiums
Building Area Total: 805
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Brick
Pool Features: Association, In Ground
Pool is Private
Lot Size Units: Acres
Tax Lot: 038
Water Source: Public
Financial Details
Tax Map Number: 058
Tax Assessed Value: $252,600
Tax Annual Amount: $3,198
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Heat, Road Maintenance
HOA/Condo/Coop Amenities: Hot Water, Storage
HOA Fee: $350
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 |
|---|---|---|---|---|---|---|---|
|
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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