$500,000
●
Condo -
Off Market
25 Cherry St #3
Danvers, MA 01923
2 Beds
3 Baths,
1
Half Bath
1,258 Ft²
$537,508
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model
About This Property
Stunning Danvers townhouse near downtown restaurants and shops in
newer (2018) construction in Ropes Estate Condominium. Beautiful
hardwood floors greet you and welcome you to stylish white cabinet
kitchen with attractive granite countertops and great
island/peninsula accommodating 5 diners. French doors lead
you to wonderful private patio space with gas hookups for grill and
fire pit. There are two spacious bedroom including main bedroom
with ensuite bath. Very low condo fee and near everything Danvers
has to offer!
Unit Size
1,258 Ft²
Days on Market
-
Land Size
-
Price per sqft
$397
Property Type
Condo
Property Taxes
$515
HOA Dues
$206
Year Built
1815
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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 #73048825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 17, 2025 | Listed by Coldwell Banker Realty - Haverhill | $599,900 | |
| Listed by Coldwell Banker Realty - Haverhill | |||
| | |||
|
New Listing! Immaculate Danvers townhouse. Built in 2018 so everything is less than 6 years young. Open concept kitchen with hardwood floors, granite counter tops, granite island, living room with French doors to your private outdoor space. Second floor has a full bath, guest bedroom with custom closet, laundry and sitting area. Third level has a beautiful primary bedroom w/primary bath and custom closet. Unfinished basement is great for storage space. Two off street assigned parking spots. Close to shops, restaurant's, schools, public transportation and the rail trail. Low HOA fee $233.58. Don't miss your opportunity to own a beautiful townhouse in a great location. First showing will be at the Open house Saturday 11/22 from 11:00-12:30 and Sunday 11/23 11:30-1:00.
| |||
| Dec 30, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
| Oct 12, 2022 | Listed by J. Barrett & Company | $499,900 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood, Recessed Lighting
Features: Flooring - Hardwood, Recessed Lighting
Level: First
Features: Bathroom - Half
Level: First
Features: Flooring - Hardwood, Recessed Lighting
Level: Third
Level: First
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Recessed Lighting, Crown Molding
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
Level: Third
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer, Utility Connections Outdoor Gas Grill Hookup
Flooring Type: Wood, Tile
Laundry Features: Second Floor, In Unit, Washer Hookup
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
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: None
Lot Size Units: Acres
Zoning: C1
Parcel Number: M:043 L:428 P:003, 5049559
Water Source: Public
Financial Details
Tax Assessed Value: $488,500
Tax Annual Amount: $6,184
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Outdoor Gas Grill Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $206
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access
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