$199,000
●
Condo -
Off Market
62 Purchase #A1
Danvers, MA
2 Beds
1 Bath
809 Ft²
$316,161
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Location, location, location - Great opportunity to own this
freshly painted, 2 bedroom condo in Danvers. Condo fee INCLUDES
HEAT AND HOT WATER. With an asking price of $209,000, it's much
LESS EXPENSIVE THAN RENTING. Open concept living/dining kitchen
with picture window in the living room. Large master bedroom and
2nd bedroom with spacious closet space, mirrored closet doors.
Extra storage located in the attic, and laundry conveniently
located on the first floor. Large common yard space. One deeded
parking spot, with plenty of on street parking. Close to the malls,
shopping, major highways, and downtown. Professionally
managed property with strong reserves.
Unit Size
809 Ft²
Days on Market
-
Land Size
1.59 acres
Price per sqft
$258
Property Type
Condo
Property Taxes
$173
HOA Dues
$438
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 #72354323)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2018 | Sold | ||
| Sold | |||
| Jun 28, 2018 | Listed by Barry Realty Group, LLC | $209,000 | |
| Listed by Barry Realty Group, LLC | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Kitchen Island, Breakfast Bar / Nook
Level: First
Features: Closet, Flooring - Wall to Wall Carpet
Features: Bathroom - Tiled With Tub & Shower
Level: First
Features: Closet - Linen, Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Flooring - Laminate, Window(s) - Picture
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Oil Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Tile, Carpet
Laundry Features: In Building
Rooms: 4
Basement: N
Parking Details
Parking Features: Deeded
Exterior Details
Has Property Attached
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Bowdoin Condominiums
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: Unknown
Lot Size Area: 1.59
Lot Size Units: Acres
Lot Size Acres: 1.59
Zoning: R1
Parcel Number: 1881019
Water Source: Public
Financial Details
Tax Map Number: 058
Tax Assessed Value: $153,200
Tax Annual Amount: $2,074
Utilities Details
Utilities: for Electric Range
Cooling Type: Wall Unit(s)
Heating Type: Baseboard
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
Association Fee Frequency: Monthly
HOA Fee: $438
Community Features: Public Transportation, Shopping, Highway Access
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017