1
Map
135 Cherry
Payment Calculator (Computations Provided by RealtyHop)
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2026 | Sold | ||
| Sold | |||
| Oct 26, 2026 | Listed by RE/MAX Synergy | $540,000 | |
| Listed by RE/MAX Synergy | |||
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Sep 21, 2026 | Listed by RE/MAX Synergy | $499,900 | |
| Listed by RE/MAX Synergy | |||
| |||
|
Welcome to 135 Cherry Street, a wonderful opportunity in Gloucester’s established Riverdale neighborhood. Located directly across the street from the neighborhood elementary school, Beeman Elementary, this longtime-owned home offers an exceptionally convenient setting and is ready for its next chapter. Owned by the same owner for 25 years, the home features hardwood flooring, multiple newer windows, an attached one-car garage, and public water and sewer. Inside, a comfortable and functional layout provides plenty of opportunity to personalize the home over time while retaining its original character. Outside, the yard offers space to relax, garden, entertain, or create your own outdoor retreat. Beyond having the elementary school just across the street, O’Maley Innovation Middle School is also located along Cherry Street, adding to the convenience of this Riverdale location. Downtown Gloucester, commuter routes, beaches, waterfront attractions, shopping, dining, and all that Cape Ann has to offer are within easy reach. 135 Cherry Street offers a great opportunity to make a home your own in a convenient and well-established Gloucester neighborhood.
| |||
| Jul 20, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017