$505,000
●
Condo -
Off Market
25 Cherry St #2
Danvers, MA 01923
3 Beds
3 Baths,
1
Half Bath
1,534 Ft²
$712,506
RealtyHop Estimate
42.53%
Since Aug 1, 2019
MA-Boston
Primary Model
About This Property
Welcome to 25 Cherry St unit 2. This Amazing Renovation features a
3 level 1534 SQFT 3 Bedroom, 2.5 Bath Luxury Townhouse that
is flawless! Open concept design, high ceilings,
and modern touches throughout. The Master Bedroom is large
and has its own Bathroom. The Kitchen and living room on the main
living level has been thoughtfully designed and laid out showcasing
oversized cabinets, storage, and stainless steel appliances
including gas stove, microwave/ hood and granite countertops. The
door off the kitchen opens to a private patio that is great for
entertaining and also features its own gas line to connect a
grill to. There are also 2 more bedrooms a full bath and a half
bath as well. From Top to Bottom this is an opportunity not be
missed. Showings Begin at Open houses Saturday May 25th 11AM-1PM &
Sunday May 26th 11AM-1PM
Unit Size
1,534 Ft²
Days on Market
-
Land Size
-
Price per sqft
$326
Property Type
Condo
Property Taxes
-
HOA Dues
$200
Year Built
1815
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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 #72504995)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by Liberty Residential Realty, LLC | $499,900 | |
| Listed by Liberty Residential Realty, LLC | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Main
Features: Flooring - Hardwood, Window(s) - Picture, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant
Level: Second
Features: Flooring - Hardwood, Recessed Lighting, Remodeled
Features: Flooring - Hardwood, Recessed Lighting, Remodeled
Level: Second
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full, Closet, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Double Vanity, Recessed Lighting, Remodeled, Closet - Double
Level: Third
Level: Main
Features: Bathroom - Half, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Gas Stove
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range Hood, Range - ENERGY STAR, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Tile, Hardwood
Laundry Features: Second Floor, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Approximate, Renovated Since, Finished, Never Occupied
PropertySubType: Condominium
Building Name: Ropes Estate Condominiums
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: C1
Parcel Number: 1878095
Water Source: Public
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $200
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
11/17/2025
|
2 Bed
|
2 Bath
|
1258 ft²
|
$599,900
2 Bed
2 Bath
1258 ft²
|
-
-
|
Bradford McCue
Berkshire Hathaway HomeServices Verani Realty
| |
|
11/02/2023
|
3 Bed
|
3 Bath
|
2338 ft²
|
$699,000
3 Bed
3 Bath
2338 ft²
|
$696,000
-0.43%
12/13/2023
|
Daniel Wang
Engel & Volkers Boston
| |
|
11/02/2023
| |
3 Bed
|
3 Bath
|
2338 ft²
|
$699,000
3 Bed
3 Bath
2338 ft²
|
-
-
|
Danny Wang
Engel & Volkers Boston
|
|
10/12/2022
|
2 Bed
|
3 Bath
|
1258 ft²
|
$499,900
2 Bed
3 Bath
1258 ft²
|
$500,000
+0.02%
12/30/2022
|
Ted Richard
J. Barrett & Company
| |
|
06/17/2021
|
3 Bed
|
4 Bath
|
1687 ft²
|
$595,900
3 Bed
4 Bath
1687 ft²
|
$595,900
09/08/2021
|
Evan Fogarty
Coldwell Banker Realty - Newburyport
| |
|
05/06/2021
|
3 Bed
|
3 Bath
|
1725 ft²
|
$592,500
3 Bed
3 Bath
1725 ft²
|
$590,000
-0.42%
07/15/2021
|
Evan Fogarty
Coldwell Banker Realty - Newburyport
| |
|
01/14/2020
|
3 Bed
|
3 Bath
|
1728 ft²
|
$584,900
3 Bed
3 Bath
1728 ft²
|
$584,900
02/12/2020
|
Christopher Blasczak
Liberty Residential Realty, LLC
| |
|
11/13/2019
|
3 Bed
|
3 Bath
|
1725 ft²
|
$569,800
3 Bed
3 Bath
1725 ft²
|
$569,800
05/18/2020
|
Christopher Blasczak
Liberty Residential Realty, LLC
| |
|
05/22/2019
|
3 Bed
|
3 Bath
|
1534 ft²
|
$499,900
3 Bed
3 Bath
1534 ft²
|
$505,000
+1.02%
07/26/2019
|
Christopher Blasczak
Liberty Residential Realty, LLC
| |
|
05/22/2019
|
3 Bed
|
4 Bath
|
1687 ft²
|
$589,900
3 Bed
4 Bath
1687 ft²
|
$589,900
06/26/2019
|
Christopher Blasczak
Liberty Residential Realty, LLC
| |
|
12/12/2016
| |
4 Bed
|
2 Bath
|
4080 ft²
|
$432,000
4 Bed
2 Bath
4080 ft²
|
$450,000
+4.17%
07/26/2017
|
Alexandra Cutler
J. Barrett & Company
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017