$230,000
●
Condo -
Off Market
21 Cherry Street #1A1
Danvers, MA 01923
3 Beds
2 Baths
1,414 Ft²
$582,652
RealtyHop Estimate
146.99%
Since Sep 1, 2001
MA-Boston
Primary Model
About This Property
SUBJECT TO SELLER FINDING SUITABLE HOUSING, 24 NOTICE REQUIRED TO
SHOW PROPERTY, CALL LISTING BROKER *****NO SHOWINGS UNTIL OPEN
HOUSE 1/15/01 1-3PM**********
Unit Size
1,414 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
Condo
Property Taxes
-
HOA Dues
$200
Year Built
-
Payment Calculator
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #30470159)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2001 | Sold | ||
| Sold | |||
| Jan 10, 2001 | Listed by Carlson GMAC Real Estate | $235,900 | |
| Listed by Carlson GMAC Real Estate | |||
Property Highlights
Garage
Parking Available
Interior Details
Level: First
Width: 12
Length: 15
Area: 180
Level: Second
Area: 45
Width: 5
Length: 9
Area: 36
Length: 9
Level: First
Width: 4
Level: Second
Width: 10
Length: 12
Area: 120
Length: 16
Level: First
Area: 192
Width: 12
Width: 16
Length: 15
Area: 240
Level: Second
Length: 13
Level: First
Width: 12
Area: 156
Level: Second
Length: 16
Width: 15
Area: 240
Length: 8
Level: Second
Area: 48
Width: 6
Features: No
Full Bathrooms: 2
Interior Features: Office
Flooring Type: Wood, Tile, Carpet
Rooms: 8
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street, Assigned, Deeded
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Cherry Street Condo's
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 3844441
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 0000
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas, Individual
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $200
Community Features: Public Transportation, Shopping
Complex is Completed
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017