$486,600
●
Multifamily -
Off Market
8 Maple Ave
Danvers, MA 01923
6 Beds
3 Baths,
1
Half Bath
2,304 Ft²
$773,453
RealtyHop Estimate
54.72%
Since Feb 1, 2018
MA-Boston
Primary Model
About This Property
RARE FIND! This two family townhouse style is perfect for a family
or as income property. This home has a secluded private large back
yard, above ground pool with each unit having a personal yard,
fenced in area for kids or pets and a good size storage shed. Each
unit has 2 bedrooms with a third floor loft containing a large
closet and natural lighting through the skylight and could be used
as a third bedroom or den. Each unit been tastefully upgraded with
wood flooring, upgraded cabinets, stainless appliances, granite
counter tops, new windows,new roof, upgraded bathrooms and freshly
painted throughout.
Unit Size
2,304 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$217
Property Type
Multifamily
Property Taxes
$343
HOA Dues
-
Year Built
1900
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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: 5 years ago (MLSPIN #72242907)
Price History
Property Highlights
Parking Available
Parking Details
Parking Features: Shared Driveway, Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Unit 1(Stone/Granite/Solid Counters, Upgraded Cabinets), Unit 2(Stone/Granite/Solid Counters, Upgraded Cabinets, Open Floor Plan), Unit 1 Rooms(Living Room, Kitchen, Loft), Unit 2 Rooms(Living Room, Kitchen, Loft)
Appliances: Unit 1(Range, Dishwasher, Disposal, Refrigerator), Unit 2(Range, Dishwasher, Disposal, Refrigerator)
Flooring Type: Laminate, Unit 1(undefined), Unit 2(Tile Floor)
Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
Rooms: 10
Exterior Details
Road Responsibility: Public Maintained Road, Private Maintained Road
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: 2 Family - 2 Units Side by Side
Stories (Total): 3
Building Area Units: Square Feet
Lead Paint: Unknown
Pool Features: Above Ground
Lot Features: Cleared, Level
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Zoning: R1
Parcel Number: 1878205
Water Source: Public
Financial Details
Tax Assessed Value: $289,900
Tax Annual Amount: $4,114
Utilities Details
Heating Type: Unit 1(Forced Air, Gas), Unit 2(Forced Air, Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School
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 |
|---|---|---|---|---|---|---|---|
|
03/11/2022
| |
6 Bed
|
3 Bath
|
2304 ft²
|
$699,900
6 Bed
3 Bath
2304 ft²
|
$720,000
+2.87%
04/28/2022
|
Stonehurst RE Group
Keller Williams Realty
|
|
10/14/2017
| |
6 Bed
|
2 Bath
|
2304 ft²
|
$499,900
6 Bed
2 Bath
2304 ft²
|
$492,000
-1.58%
01/05/2018
|
Michelle Gatchell
D & R Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017