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Essex
20 Cherry Street
$480,000
● House - Off Market

20 Cherry Street

Wenham, MA 01984
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,300 Ft²
$1,158,238
RealtyHop Estimate
129.40%
Since Jun 1, 2002
MA-Boston
Primary Model

About This Property

CHARMING BLEND OF OLD AND NEW IN THIS 8-ROOM 1900 GAMBREL WITH POST&BEAM FAMILY ROOM AND MASTER SUITE ADDITION. LARGE, FLAT YARD PERFECT FOR GARDEN ENTHUSIAST.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.64 acres
Price per sqft
$220
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1900

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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: 4 years ago (MLSPIN #30581769)

Price History

Date / Event Date Event Price
May 31, 2002 Sold
Premium
Sold
Feb 21, 2002 Listed by J. Barrett & Company $504,900
Listed by J. Barrett & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 573
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Total Building Area: 2,154
  • Gross Building Area: 3,603
  • Building Area: 2,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,154
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000640
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hamilton-Wenham School District
  • School Tax School District: HAMILTN-WENHAM
  • Census Tract: 216100

Geography

  • Account Number: 679
  • Parcel: WENH M:18 L:29
  • Lot: 29
  • Municipality: WENHAM
  • Latitude: 42.6036
  • Longitude: -70.891

    Address

  • Full Address: 20 Cherry St
  • Address - House Number: 20
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wenham
  • Carrier Code: C001
  • 4-Digit Zip Code: 1323
  • Zip Code: 01984

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,248,500

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 908,115
  • High Value: 1,061,692
  • Low Value: 754,538

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $719,600
  • Assessed Land Value: $515,100
  • Assessed Improvements Value: $204,500

    Sales

  • Current Sale Recording Date: May 24, 2013
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 31, 2002
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2534 ft²

Average Home Age

73 years

Currently For Sale

1483 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30581769

Frequently Asked Questions

When was property at 20 Cherry Street built and last sold?
The property at 20 Cherry Street was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 20 Cherry Street is $0.
What are some comparable homes to 20 Cherry Street?
There are currently no comparable homes to 20 Cherry Street.
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