$235,000
●
Condo -
Off Market
74 Elm #3
Danvers, MA
2 Beds
2 Baths
785 Ft²
$418,031
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
Location, location, location. Walk to downtown Danvers Square from
your recently built 2 Bedroom, 2 Full - Bath Condo. This condo
boasts an open concept kitchen and living room area with new bamboo
hardwood floors, granite counter tops and breakfast bar as well as
all newer appliances in the past year. Currently set up with 1
bedroom, a living room, and dining room, the condo living space can
be flexible to your needs. The condo includes 2 deeded off-street
parking spaces. Monthly expenses are minimal with gas heat and
central air.
Unit Size
785 Ft²
Days on Market
-
Land Size
-
Price per sqft
$287
Property Type
Condo
Property Taxes
$233
HOA Dues
$259
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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: 4 years ago (MLSPIN #71683092)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2014 | Sold | ||
| Sold | |||
| May 16, 2014 | Listed by Keller Williams Realty Evolution | $224,900 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island
Level: Second
Features: Flooring - Wall to Wall Carpet
Features: Bathroom - Full, Flooring - Wall to Wall Carpet
Level: Second
Level: Second
Features: Flooring - Hardwood
Features: Yes
Full Bathrooms: 2
Interior Features: Finish - Sheetrock
Appliances: Range, Dishwasher, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range - ENERGY STAR, Gas Water Heater, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate, Bamboo
Laundry Features: Laundry Closet, Second Floor, Washer Hookup
Rooms: 4
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Deeded
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Structure Type: Garden, House
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Stone, Block, Modular
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: C1
Parcel Number: 1879613
Water Source: Public
Financial Details
Tax Assessed Value: $188,600
Tax Annual Amount: $2,801
Utilities Details
Utilities: for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
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/Condo/Coop Amenities: Storage
Association Fee Frequency: Monthly
HOA Fee: $259
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Private School, Public School
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017