$696,000
●
Condo -
Off Market
25 Cherry Street #6
Danvers, MA 01923
3 Beds
3 Baths
2,338 Ft²
$4,244
Est. Monthly
$282
HOA / Fees
4.31%
Cap Rate
About This Property
Spacious corner townhome conveniently located near Danvers Village
promises to be one of the most versatile spaces in the North Shore.
This home offers four floors of entertaining and living spaces
featuring two spectacular private outdoor spaces, premium heated
2-car garage, quartz countertops, and stainless steel appliances.
The open concept kitchen, living, and dining area is perfect for
entertaining and the windows throughout allow the natural light to
pour into the room. The third bedroom located on the second floor
offers ultimate privacy as it is tucked away in an exclusive corner
of the home. As you move towards the upper level you are greeted by
a generous second bedroom and an oversized primary bedroom
featuring an exquisite en-suite bathroom. Topping off this home is
your very own private roof-deck.
Unit Size
2,338 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$299
Property Type
Condo
Property Taxes
$529
HOA Dues
$282
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: 3 years ago (MLSPIN #73176837)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2023 | Sold | ||
| Sold | |||
| Nov 27, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by Engel & Volkers Boston | $699,000 | |
| Listed by Engel & Volkers Boston | |||
| Feb 12, 2020 | Sold | ||
| Sold | |||
| Jan 14, 2020 | Listed by Engel & Volkers Boston | $584,900 | |
| Listed by Engel & Volkers Boston | |||
| | |||
|
The Jewel of Cherry Street in Danvers ! This Amazing Renovation features a 3 level 1900 SQFT 3 Bedroom, 3 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 mirco wave/hood, quartz countertops and a fireplace. The ROOF TOP DECK is A-M-A-Z-I-N-G that is great for entertaining and also features its own gas line to connect a grill to.there is also a walk out patio. From Top to Bottom this is an opportunity not be missed.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Interior Details
Features: Yes
Full Bathrooms: 3
Rooms: 5
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Heated Garage, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Townhouse
Stories (Total): 4
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Area: 0.05
Lot Size Units: Acres
Lot Size Acres: 0.05
Zoning: C1
Parcel Number: 5049559
Water Source: Public
Financial Details
Tax Assessed Value: $540,500
Tax Annual Amount: $6,351
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $282
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