$259,000
●
Condo -
Off Market
7 Park Street #2
Danvers, MA 01923
2 Beds
2 Baths
1,455 Ft²
$1,742
Est. Monthly
$167
HOA / Fees
10.16%
Cap Rate
About This Property
Come home to a beautifully renovated 2 BDRM, 2 bath condo located
on tree-lined street 2 blocks from historic Danvers Sq! This bright
& sunny unit feels like a single family home & boasts gleaming HW
floors,high ceilings,master suite & an open concept LR/DR/Kit that
makes it perfect for entertaining. In unit laundry! Pristine
condition with freshly painted walls in attractive colors. Sliders
to 2 decks & back yard. Moments to Rts. 128, 114, 1, & North
Beverly commuter rail. Come Home to Danvers
Unit Size
1,455 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$178
Property Type
Condo
Property Taxes
$302
HOA Dues
$167
Year Built
-
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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: 2 years ago (MLSPIN #71060507)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 4, 2020 | Listed by Leading Edge Real Estate | $309,000 | |
| Listed by Leading Edge Real Estate | |||
| | |||
|
Large price reduction, easy to show, on lock box. condo is vacant, don't miss this. Otherwise seller may rent again. Attractive 2 bedroom, 2 bath townhouse in small complex, walk to down town. 2 car assigned parking, 2 decks for exclusive use ( All decks in complex have been rebuilt this year). Open floor plan, sunny living room, large eat in kitchen with Washer/Drier in closet, walk out to large, exclusive use deck and private entrance. Deck is large enough to have an out door seating area, your private domain! Also on this floor is a bedroom with access to deck and a bath. Large bedroom on 2nd level with study or nursery area. Also a full bath. This unit is perfect for the first time buyer or also room mates.
| |||
| Apr 2, 2019 | No longer available | - | |
| No longer available | |||
| Mar 22, 2019 | Relisted | $294,000 | |
| Relisted | |||
| Mar 21, 2019 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Garage Door Opener, Off Street, Assigned, Paved
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile
Door Features: Storm Door(s)
Laundry Features: Second Floor
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1455
Year Built Source: Public Records
Year Built: 1900
Building Name: 7-9 Park Street Condominium
Building Area Total: 1455
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Pool is Private
Lot Size Area: 0.43
Lot Size Units: Acres
Lot Size Acres: 0.43
Lot Size Square Feet: 18983
Tax Lot: 268
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 51
Tax Assessed Value: $323,700
Tax Annual Amount: $3,629
Utilities Details
Cooling Type: Central Air, Unit Control
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $167
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 |
|---|---|---|---|---|---|---|---|
|
05/04/2020
|
2 Bed
|
2 Bath
|
1605 ft²
|
$309,000
2 Bed
2 Bath
1605 ft²
|
$300,000
-2.91%
06/26/2020
|
Heidi Roberts
Keller Williams Realty Evolution
| |
|
02/27/2019
|
2 Bed
|
2 Bath
|
1605 ft²
|
$309,000
2 Bed
2 Bath
1605 ft²
|
-
-
|
-
| |
|
03/13/2015
|
1 Bed
|
1 Bath
|
645 ft²
|
$209,900
1 Bed
1 Bath
645 ft²
|
$204,200
-2.72%
05/28/2015
|
Anne Casale-Skinner
Century 21 North Shore
| |
|
04/07/2010
|
2 Bed
|
2 Bath
|
1455 ft²
|
$259,000
2 Bed
2 Bath
1455 ft²
|
-
-
|
John Farrell
Coldwell Banker Realty - Beverly
| |
|
09/30/2003
|
2 Bed
|
2 Bath
|
1440 ft²
|
$299,900
2 Bed
2 Bath
1440 ft²
|
$292,000
-2.63%
06/25/2004
|
Jennifer Krisko
Don Corbett R. E.
| |
|
09/30/2003
|
1 Bed
|
1 Bath
|
695 ft²
|
$215,000
1 Bed
1 Bath
695 ft²
|
$215,000
12/22/2003
|
Jennifer Krisko
Don Corbett R. E.
| |
|
10/11/2002
| |
4 Bed
|
2 Bath
|
1791 ft²
|
$369,900
4 Bed
2 Bath
1791 ft²
|
$325,000
-12.14%
02/26/2003
|
Cathy Pydynkowski
Danvers Realty Group
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017