$295,000
●
Condo -
Off Market
21 Cherry Street #1A
Danvers, MA 01923
3 Beds
2 Baths
1,414 Ft²
$642,492
RealtyHop Estimate
114.88%
Since Mar 1, 2003
MA-Boston
Primary Model
About This Property
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!!!
Unit Size
1,414 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
Condo
Property Taxes
$157
HOA Dues
$200
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 months ago (MLSPIN #30677581)
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 | |||
| | |||
|
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.
| |||
| Feb 21, 2003 | Sold | ||
| Sold | |||
| Jan 6, 2003 | Listed by Century 21 North Shore | $299,000 | |
| Listed by Century 21 North Shore | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Office, Den, Walk-up Attic
Appliances: Range, Disposal
Flooring Type: Flooring - Wall to Wall Carpet
Door Features: Insulated Doors
Laundry Features: In Basement
Rooms: 7
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1414
Year Built Source: Public Records
Year Built: 1910
Building Name: Cherry St. Condo
Building Area Total: 1414
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lot Size Units: Acres
Tax Lot: 01A
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 043
Tax Assessed Value: $151,000
Tax Annual Amount: $1,889
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer
HOA Fee: $200
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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