$595,900
●
Condo -
Off Market
25 Cherry Street #4
Danvers, MA 01923
3 Beds
4 Baths
1,687 Ft²
$676,876
RealtyHop Estimate
13.59%
Since Oct 1, 2021
MA-Boston
Primary Model
About This Property
This stunning townhome located in historic Danvers offers an open
floor plan and incredible natural light! With 1,687 sq. ft. this 3
bedroom, 3.5 bath home including high ceilings and modern touches,
will help you to feel right at home. The beautifully appointed
kitchen with stainless steel appliances and quartz countertops
flows into the living room with a cozy built-in gas fireplace,
making it the perfect place to gather. A stackable washer and dryer
is conveniently located upstairs. The open deck off the kitchen and
patio on the first level allows for private outdoor space and it's
only a short distance from the downtown area with shops and
restaurants. There is parking for 2 vehicles. including the garage
with a private entrance into the home and deeded parking spot right
outside the front door, as well as available parking on the street.
Unit Size
1,687 Ft²
Days on Market
-
Land Size
-
Price per sqft
$353
Property Type
Condo
Property Taxes
$578
HOA Dues
$222
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: 5 years ago (MLSPIN #72852204)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Coldwell Banker Realty - Newburyport | $595,900 | |
| Listed by Coldwell Banker Realty - Newburyport | |||
| Jun 26, 2019 | Sold | ||
| Sold | |||
| May 22, 2019 | Listed by Liberty Residential Realty, LLC | $589,900 | |
| Listed by Liberty Residential Realty, LLC | |||
| | |||
|
Welcome to 25 Cherry St unit 4. This Amazing Renovation features a 3 level 1687 SQFT 3 Bedroom, 3.5 Bath Luxury Townhouse that is flawless! Open concept design, high ceilings, and modern touches throughout. The Master Bedroom is large with vaulted ceilings 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 a gas range and mircowave/hood and quartz countertops. The door off the kitchen opens to a private deck overlooking the patio that are great for entertaining and also features its own gas line to connect a grill to. There are also 2 more bedrooms and 2 & 1/2 baths. 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.
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Main
Features: Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Peninsula, Lighting - Pendant
Level: Second
Level: Third
Features: Closet/Cabinets - Custom Built, Window(s) - Picture, Cable Hookup, Recessed Lighting
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Recessed Lighting
Level: Third
Features: Flooring - Hardwood
Level: Second
Features: Bathroom - Full, Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, Recessed Lighting
Level: Third
Level: Main
Features: Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting
Level: Third
Level: First
Half Bathrooms: 1
Full Bathrooms: 3
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Washer/Dryer, Range Hood, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Third Floor, In Unit, Washer Hookup
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street, Deeded, Paved
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Ropes Estate Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio, Covered
Lead Paint: None
Lot Size Units: Acres
Zoning: C1
Parcel Number: M:043 L:428 P:004, 5049559
Water Source: Public
Financial Details
Tax Assessed Value: $519,600
Tax Annual Amount: $6,937
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
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: $222
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
Pets Allowed: Yes
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