$300,000
●
Condo -
Off Market
1 Cherry Hill Rd #2
Gloucester, MA 01930
1 Bed
2 Baths
1,052 Ft²
$538,394
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model
About This Property
As you walk thru the door you are pleasantly surprised this unit is
Open Floor Plan with beautiful knotty pine cathedral ceilings, wood
beams,Teak wood floors & massive floor to ceiling granite
fireplace. Fully applianced custom kitchen with black granite
countertops, huge 6 person breakfast bar, and beautiful copper
kitchen vent and pot rack. Huge master BR with cathedral ceiling,
french door and slider to deck could easily be converted to 2 BR if
needed. Large dry full basement currently has workshop, utility
area, laundry area, and 2nd full bath but could be finished to
create additional living area for BR's or familyroom. Low condo
fee! Central air! Wonderful fully enclosed fenced yard offers large
patio area for entertaining, gardening, and outdoor activities. New
roof being installed prior to closing on Unit 2.Beeman Elementary
School is across street. Goose Cove Reservoir & Dogtown Common are
nearby which are great for hiking, walking dogs, and cross country
skiing. Pet Friendly
Unit Size
1,052 Ft²
Days on Market
-
Land Size
-
Price per sqft
$304
Property Type
Condo
Property Taxes
$247
HOA Dues
$100
Year Built
1963
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: 5 years ago (MLSPIN #72066887)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2016 | Sold | ||
| Sold | |||
| Sep 14, 2016 | Listed by J. Barrett & Company | $320,000 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Main
Width: 23
Length: 14
Features: Beamed Ceilings, Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Cable Hookup, Exterior Access, Open Floorplan, Stainless Steel Appliances, Gas Stove
Area: 322
Level: Basement
Area: 48
Width: 6
Features: Bathroom - 3/4, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
Length: 8
Area: 56
Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile
Length: 8
Level: Main
Width: 7
Length: 13
Level: Main
Area: 260
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Hardwood, French Doors, Exterior Access, Open Floorplan
Width: 20
Features: Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Wall to Wall Carpet, Balcony / Deck, French Doors, Cable Hookup, Deck - Exterior, Exterior Access, Slider
Level: Main
Length: 14
Width: 25
Area: 350
Features: No
Full Bathrooms: 2
Appliances: Microwave, Countertop Range, Refrigerator, Washer, Dryer, Oil Water Heater, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 3
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Paved
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: One Cherry Hill Road Condominium
Structure Type: Half-Duplex
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Screens
Construction Materials: Frame
Patio and Porch Features: Porch, Deck, Deck - Composite, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: R10
Parcel Number: M:0188 B:0014 L:0002, 4694727
Water Source: Public
Financial Details
Tax Map Number: 188
Tax Assessed Value: $217,700
Tax Annual Amount: $2,963
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air, Unit Control
Heating Type: Forced Air, Oil, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
Association Fee Frequency: Monthly
HOA Fee: $100
Community Features: Public Transportation, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
09/14/2016
|
1 Bed
|
2 Bath
|
1052 ft²
|
$320,000
1 Bed
2 Bath
1052 ft²
|
$300,000
-6.25%
12/07/2016
|
Lane Team
North Shore's Gold Coast Realty
| |
|
05/10/2007
|
3 Bed
|
2 Bath
|
1800 ft²
|
$365,000
3 Bed
2 Bath
1800 ft²
|
$355,000
-2.74%
10/24/2007
|
Lane Team
North Shore's Gold Coast Realty
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017