$599,900
●
Condo -
Off Market
25 Cherry #3
Danvers, MA 01923
2 Beds
2 Baths,
1
Half Bath
1,258 Ft²
$3,484
Est. Monthly
4.25%
Cap Rate
About This Property
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.
Unit Size
1,258 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$477
Property Type
Condo
Property Taxes
$538
HOA Dues
-
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: 10 months ago (MLSPIN #73455734)
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 | |||
| 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 | |||
| | |||
|
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!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile
Door Features: French Doors
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1258
Year Built Source: Public Records
Year Built: 2018
Building Name: Ropes Estate
Building Area Total: 1258
Building Area Units: Square Feet
Construction Materials: Stone
Patio and Porch Features: Patio
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Lot Size Square Feet: 1633
Tax Lot: 428
Water Source: Public
Financial Details
Tax Map Number: 43
Tax Assessed Value: $587,000
Tax Annual Amount: $6,451
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
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