$320,000
●
Condo -
Off Market
21 Cherry St #1A
Danvers, MA 01923
3 Beds
2 Baths
1,414 Ft²
$526,366
RealtyHop Estimate
76.04%
Since Jun 1, 2015
MA-Boston
Primary Model
About This Property
Sunny and charming, this historic home is walking distance to all
downtown Danvers has to offer: restaurants, shops, rail trail and
library. The private fenced yard and wrap-around porch,
separate entrance, 2-car garage, and ample storage all make this
condo a wonderful single-family alternative. The high ceilings,
large windows, and built-ins all add to the charm. Flexible
floor plan offers option for first or second floor master. Second
floor master has adjacent sitting room and office alcove.
Unit Size
1,414 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
Condo
Property Taxes
$312
HOA Dues
$210
Year Built
-
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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 #71805979)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2015 | Sold | ||
| Sold | |||
| Mar 25, 2015 | Listed by Classified Realty Group | $299,000 | |
| Listed by Classified Realty Group | |||
| Feb 21, 2003 | Sold | ||
| Sold | |||
| Jan 6, 2003 | Listed by Century 21 North Shore | $299,000 | |
| Listed by Century 21 North Shore | |||
| | |||
|
FABULOUS THREE BEDROOM TOWNHOUSE CONDO WITH THREE BRS, 2 FULL BATHS, TWO CAR GARAGE, FENCED YARD, DECK, FULL BASEMENT AND WALK UP ATTIC.TOTALLY RENOVATED IN 1999, WALK TO TOWN, A MUST SEE!!!
| |||
Property Highlights
Garage
Parking Available
Interior Details
Level: First
Width: 12
Length: 13
Features: Closet/Cabinets - Custom Built, Flooring - Laminate, Recessed Lighting, Gas Stove
Area: 156
Level: First
Features: Closet, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Balcony / Deck, Slider
Width: 12
Length: 13
Area: 156
Area: 63
Length: 9
Level: Second
Features: Closet, Flooring - Wall to Wall Carpet
Width: 7
Features: Closet, Flooring - Wall to Wall Carpet
Width: 10
Length: 12
Area: 120
Level: Second
Length: 16
Level: First
Area: 224
Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
Width: 14
Features: Ceiling Fan(s), Closet, Flooring - Hardwood
Level: Second
Length: 16
Width: 12
Area: 192
Length: 7
Level: Second
Area: 49
Features: Flooring - Hardwood
Width: 7
Full Bathrooms: 2
Interior Features: Bathroom - Tiled With Tub & Shower, Office, Bathroom
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Laminate, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
Laundry Features: In Building, Washer Hookup
Rooms: 7
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Off Street, Paved
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Porch, Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R1
Parcel Number: M:043 L:414 P:001A, 3844472
Water Source: Public
Financial Details
Tax Assessed Value: $252,200
Tax Annual Amount: $3,745
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure
Association Fee Frequency: Monthly
HOA Fee: $210
Community Features: Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
01/01/2025
|
1 Bed
|
1 Bath
|
517 ft²
|
$379,900
1 Bed
1 Bath
517 ft²
|
$395,000
+3.97%
01/31/2025
|
Frank A. Vallarelli
Anderson Treacy Real Estate
| |
|
01/11/2022
|
1 Bed
|
1 Bath
|
500 ft²
|
$230,000
1 Bed
1 Bath
500 ft²
|
$240,000
+4.35%
02/28/2022
|
Nancy Yorgy
Keller Williams Realty Evolution
| |
|
07/17/2019
|
1 Bed
|
1 Bath
|
517 ft²
|
$219,000
1 Bed
1 Bath
517 ft²
|
$220,000
+0.46%
08/30/2019
|
Frank A. Vallarelli
Anderson Treacy Real Estate
| |
|
08/26/2016
|
1 Bed
|
1 Bath
|
517 ft²
|
$198,500
1 Bed
1 Bath
517 ft²
|
$200,000
+0.76%
09/30/2016
|
Catherine Moschella
LAER Realty Partners
| |
|
07/29/2015
|
1 Bed
|
1 Bath
|
500 ft²
|
$184,000
1 Bed
1 Bath
500 ft²
|
$186,000
+1.09%
08/28/2015
|
Kathleen Brown
Lighthouse Realty Group, Inc.
| |
|
03/25/2015
|
3 Bed
|
2 Bath
|
1414 ft²
|
$299,000
3 Bed
2 Bath
1414 ft²
|
$320,000
+7.02%
05/08/2015
|
Felicia Giuliano
Classified Realty Group
| |
|
02/19/2014
|
1 Bed
|
1 Bath
|
517 ft²
|
$174,500
1 Bed
1 Bath
517 ft²
|
$167,000
-4.30%
06/25/2014
|
Catherine Moschella
LAER Realty Partners
| |
|
01/09/2007
|
1 Bed
|
1 Bath
|
500 ft²
|
$179,900
1 Bed
1 Bath
500 ft²
|
$175,000
-2.72%
03/15/2007
|
Carol Leonard
Conway - Mansfield
| |
|
01/06/2003
|
3 Bed
|
2 Bath
|
1414 ft²
|
$299,000
3 Bed
2 Bath
1414 ft²
|
$295,000
-1.34%
02/21/2003
|
Patricia White
Coldwell Banker Residential Brokerage - Arlington
| |
|
01/10/2001
|
3 Bed
|
2 Bath
|
1414 ft²
|
$235,900
3 Bed
2 Bath
1414 ft²
|
$230,000
-2.50%
08/17/2001
|
Lynn Torrey
Carlson GMAC Real Estate
|
Building Info
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