$477,000
●
Condo -
Off Market
22 Cherry Street #1
Danvers, MA 01923
4 Beds
2 Baths
2,097 Ft²
$715,661
RealtyHop Estimate
49.41%
Since May 1, 2018
MA-Boston
Primary Model
About This Property
Ready for the North Shore Lifestyle? Come see this exceptional
offering in delightful downtown Danvers! This newly created
condo has character, charm and is completely refreshed. Beautiful
1st floor living spaces are sunlit and feature fine details
including coffer ceilings and wood flooring. 4 generous bedrooms, a
full bath and a walk up attic complete the upper level. New roof,
new siding, spray foam insulation, new kitchen, updated baths,
fresh paint, new electric panel, new deck off new mudroom, new
garage. This home lives like a single family yet is
technically a condo. Lots of options in the 8+ rooms! Low condo
fee. Convenient location near eclectic downtown amenities, dining,
shopping, marina, parks, rail trail, commuter/vacation routes,
schools & more. Walkscore is 86! Open Every Day! Call
now for your tour!
Unit Size
2,097 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$228
Property Type
Condo
Property Taxes
$446
HOA Dues
$150
Year Built
1935
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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 #72269068)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2018 | Sold | ||
| Sold | |||
| Dec 30, 2017 | Listed by MV of Massachusetts LLC | $479,000 | |
| Listed by MV of Massachusetts LLC | |||
Property Highlights
Garage
Parking Available
Fireplace
Interior Details
Level: Main
Width: 13
Length: 14
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Exterior Access, Recessed Lighting, Stainless Steel Appliances
Area: 182
Level: Second
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Width: 12
Length: 13
Area: 156
Area: 121
Length: 11
Level: Second
Features: Flooring - Hardwood
Width: 11
Width: 12
Features: Coffered Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Hardwood
Length: 13
Level: First
Area: 156
Features: Flooring - Hardwood
Width: 11
Length: 12
Area: 132
Level: Second
Features: Bathroom - 3/4, Flooring - Stone/Ceramic Tile
Level: First
Length: 25
Level: Main
Area: 300
Features: Coffered Ceiling(s), Flooring - Hardwood
Width: 12
Features: Flooring - Hardwood
Level: Second
Length: 13
Width: 12
Area: 156
Length: 19
Level: First
Area: 171
Features: Flooring - Hardwood
Width: 9
Full Bathrooms: 2
Interior Features: Attic Access, Home Office
Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range - ENERGY STAR, Oven - ENERGY STAR, Utility Connections for Gas Range, Utility Connections for Gas Oven
Flooring Type: Wood, Tile, Flooring - Hardwood
Laundry Features: In Basement, In Unit
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Off Street
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate, Renovated Since, Finished, Never Occupied
PropertySubType: Condominium
Building Name: 22 Cherry Street Condominiums
Structure Type: Attached
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame, Conventional (2x4-2x6)
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Zoning: R1
Parcel Number: M:043 L:416 P:, 1878083
Water Source: Public
Financial Details
Tax Assessed Value: $377,300
Tax Annual Amount: $5,354
Utilities Details
Utilities: for Gas Range, for Gas Oven
Cooling Type: None
Heating Type: Central, Hot Water
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $150
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School
Pets Allowed: Yes
Management: No Management
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 |
|---|---|---|---|---|---|---|---|
|
12/30/2017
|
4 Bed
|
2 Bath
|
2097 ft²
|
$479,000
4 Bed
2 Bath
2097 ft²
|
$477,000
-0.42%
04/23/2018
|
Tish Lentine
Keller Williams Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017