$143,000
●
Condo -
Off Market
56 Highland Meadows #56
Danvers, MA 01923
2 Beds
3 Baths,
1
Half Bath
1,400 Ft²
$632,502
RealtyHop Estimate
333.22%
Since Oct 1, 1996
MA-Boston
Primary Model
About This Property
END UNIT IN DESIREABLE LOCATION, LOWER LEVEL HAS 3/4 BATH COULD BE
USED AS THIRD BEDROOM OR FAMILY ROOM, MANY UPGRADES SHOWS WELL.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$104
Property Type
Condo
Property Taxes
$153
HOA Dues
$130
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 #30116415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 1996 | Sold | ||
| Sold | |||
| Jul 12, 1996 | Listed | $146,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 11
Length: 8
Area: 88
Level: First
Level: Third
Features: Flooring - Wall to Wall Carpet
Width: 16
Length: 11
Area: 176
Width: 15
Features: Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck
Length: 9
Level: Second
Area: 135
Features: Bathroom - Full
Level: Third
Length: 11
Level: Second
Area: 176
Features: Flooring - Wall to Wall Carpet, Balcony / Deck
Width: 16
Length: 11
Level: First
Width: 16
Area: 176
Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
Level: Third
Length: 11
Width: 17
Area: 187
Features: No
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Disposal, Refrigerator, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Carpet
Laundry Features: First Floor, Washer Hookup
Rooms: 6
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Garage Door Opener, Off Street
Garage Spaces: 1
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Highland Meadows
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RES
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $122,400
Tax Annual Amount: $1,837
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Heat Pump, Individual
Heating Type: Forced Air, Heat Pump, Electric, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $130
Community Features: Shopping
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 |
|---|---|---|---|---|---|---|---|
|
07/12/1996
|
2 Bed
|
3 Bath
|
1400 ft²
|
$146,000
2 Bed
3 Bath
1400 ft²
|
$143,000
-2.05%
09/13/1996
|
Barbara Lloyd
Century 21 North East
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017