$455,000
●
Condo -
Off Market
15-11 Cherry Street #1
Danvers, MA 01923
3 Beds
3 Baths,
1
Half Bath
1,770 Ft²
$843,811
RealtyHop Estimate
60.73%
Since Apr 1, 2017
MA-Boston
Primary Model
About This Property
NEW CONSTRUCTION TOWNHOUSE. Stellar Craftsmanship throughout
this beautiful 3 Bedroom 2.5 bath home with no detail overlooked.
Modern Open Concept Living Area with the Kitchen, Dining and
Living Rooms seamlessly flowing into each other with direct access
to a private deck. Architecturally Designed Kitchen with
Shaker Cabinetry, Stainless Steel Appliances, Wine Chiller, Granite
Countertops and Massive Kitchen Island. Central Gas Heat and
Central Air and On Demand High Efficiency Hot water.
Ornamental Fireplace in the Living Room with custom mantle
with LED TV and many more fine details. Master Suite features
a large walk in closet with built in storage and en suite tiled
bathroom. 2 additional bedrooms offer ample closet space.
Walk up attic for easy storage. Large clean basement
with great ceiling height has endless possibilities.
Unit Size
1,770 Ft²
Days on Market
-
Land Size
-
Price per sqft
$297
Property Type
Condo
Property Taxes
-
HOA Dues
$325
Year Built
2016
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Cap Rate Calculator
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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 #72008414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 15, 2017 | Sold | ||
| Sold | |||
| May 18, 2016 | Listed by Citylight Homes LLC | $525,000 | |
| Listed by Citylight Homes LLC | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Wine Chiller
Level: Second
Features: Bathroom - Full
Level: Second
Features: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Features: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Level: Second
Features: Flooring - Hardwood, Open Floorplan
Level: First
Features: Bathroom - Half
Level: First
Features: Bathroom - Full, Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Level: Second
Level: First
Features: Flooring - Hardwood, Deck - Exterior, Open Floorplan
Features: Bathroom - Full
Level: Second
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Bonus Room
Appliances: Microwave, ENERGY STAR Qualified Refrigerator, Wine Refrigerator, Range - ENERGY STAR, Gas Water Heater
Laundry Features: Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Y
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Patio and Porch Features: Deck - Composite
Lead Paint: None
Lot Size Units: Acres
Zoning: townhall
Water Source: Public
Financial Details
Tax Assessed Value: $525,000
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Reserve Funds
HOA Fee: $325
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 |
|---|---|---|---|---|---|---|---|
|
10/21/2021
|
3 Bed
|
4 Bath
|
3216 ft²
|
$610,000
3 Bed
4 Bath
3216 ft²
|
$625,000
+2.46%
11/22/2021
|
Holly Baldassare
J. Barrett & Company
| |
|
11/18/2020
|
2 Bed
|
4 Bath
|
2367 ft²
|
$569,900
2 Bed
4 Bath
2367 ft²
|
$569,900
02/16/2021
|
Jennifer Sullivan
Flagstone Realty Group
| |
|
08/11/2020
|
2 Bed
|
4 Bath
|
2367 ft²
|
$569,900
2 Bed
4 Bath
2367 ft²
|
$575,000
+0.89%
09/29/2020
|
Natalie Luca Fiore
Keller Williams Realty Evolution
| |
|
05/30/2019
|
3 Bed
|
4 Bath
|
2120 ft²
|
$549,850
3 Bed
4 Bath
2120 ft²
|
$535,000
-2.70%
07/30/2019
|
Carol Fontana
RE/MAX Andrew Realty Services
| |
|
01/01/2019
| |
Loft
|
-
|
4593 ft²
|
$899,000
Loft
-
4593 ft²
|
$840,000
-6.56%
07/03/2019
|
Steven Belesis
Citylight Homes LLC
|
|
01/23/2018
|
2 Bed
|
3 Bath
|
2120 ft²
|
$519,000
2 Bed
3 Bath
2120 ft²
|
$506,000
-2.50%
05/14/2018
|
Steven Graczyk
J. Barrett & Company
| |
|
05/24/2017
|
2 Bed
|
3 Bath
|
2120 ft²
|
$479,000
2 Bed
3 Bath
2120 ft²
|
$475,000
-0.84%
07/24/2017
|
Christopher Carroll
Keating Brokerage
| |
|
03/12/2017
|
2 Bed
|
3 Bath
|
2400 ft²
|
$455,000
2 Bed
3 Bath
2400 ft²
|
$452,000
-0.66%
03/15/2017
|
Steven Belesis
Citylight Homes LLC
| |
|
09/23/2016
|
2 Bed
|
2 Bath
|
2317 ft²
|
$455,000
2 Bed
2 Bath
2317 ft²
|
$439,000
-3.52%
03/31/2017
|
Steven Belesis
Citylight Homes LLC
| |
|
09/07/2016
|
2 Bed
|
3 Bath
|
2120 ft²
|
$459,900
2 Bed
3 Bath
2120 ft²
|
$449,000
-2.37%
03/24/2017
|
Steven Belesis
Citylight Homes LLC
| |
|
06/29/2016
|
2 Bed
|
3 Bath
|
2120 ft²
|
$469,000
2 Bed
3 Bath
2120 ft²
|
$459,000
-2.13%
10/14/2016
|
Steven Belesis
Citylight Homes LLC
| |
|
05/19/2016
|
3 Bed
|
3 Bath
|
1770 ft²
|
$469,000
3 Bed
3 Bath
1770 ft²
|
$465,000
-0.85%
09/20/2016
|
Steven Belesis
Citylight Homes LLC
| |
|
05/18/2016
|
3 Bed
|
3 Bath
|
1770 ft²
|
$525,000
3 Bed
3 Bath
1770 ft²
|
$455,000
-13.33%
03/15/2017
|
Steven Belesis
Citylight Homes LLC
| |
|
05/10/2016
|
Loft
|
3 Bath
|
1829 ft²
|
$369,900
Loft
3 Bath
1829 ft²
|
$369,000
-0.24%
07/01/2016
|
Steven Belesis
Citylight Homes LLC
| |
|
01/06/2015
| |
Loft
|
-
|
-
|
$1,300,000
Loft
-
|
$1,100,000
-15.38%
05/05/2015
|
Paul Rallo
Keller Williams Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017