$150,000
●
Condo -
Off Market
32 Cherry St #IR
Lynn, MA 01902
1 Bed
1 Bath
672 Ft²
$273,992
RealtyHop Estimate
82.66%
Since Nov 1, 2014
MA-Boston
Primary Model
About This Property
Completely renovated condo unit in 2004, located on a beautiful
tree lined street in the Diamond District,1 block from Red Rock
Beach, Lynn . This turn key unit has a lovely front porch and
new side deck located off the kitchen.Hardwood flooring and
crown molding throughout. Nothing to do but move in. Great for
first time home buyers! Priced to sell! Roof & Water Heater
2.5 years old. Condo Association is very active with a
healthy reserve.
Unit Size
672 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$223
Property Type
Condo
Property Taxes
$143
HOA Dues
$193
Year Built
-
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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: 6 months ago (MLSPIN #71730562)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2014 | Sold | ||
| Sold | |||
| Aug 18, 2014 | Listed by RE/MAX Advantage Real Estate | $150,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
| | |||
|
Completely renovated condo unit in 2004, located on a beautiful tree lined street in the Diamond District,1 block from Red Rock Beach, Lynn . This turn key unit has a lovely front porch and new side deck located off the kitchen.Hardwood flooring and crown molding throughout. Nothing to do but move in. Great for first time home buyers! Priced to sell! Roof & Water Heater 2.5 years old. Condo Association is very active with a healthy reserve.
| |||
Property Highlights
Parking Available
Air Conditioning
With View
Parking Details
Has Open Parking
Parking Features: Off Street, Deeded, Paved
Interior Details
Full Bathrooms: 1
Interior Features: Closet - Linen, Center Hall
Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
Flooring Type: Tile, Hardwood, Flooring - Hardwood
Laundry Features: Common Area
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 672
Security Features: Security System
Year Built Source: Public Records
Year Built: 1915
Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Building Name: 32 Cherry St Condo Ass.
Building Area Total: 672
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Covered, Deck - Composite
Lot Size Area: 0.15
Lot Size Units: Acres
Lot Size Acres: 0.15
Lot Size Square Feet: 6459
Tax Lot: 001
Water Source: Public
Financial Details
Tax Map Number: 093
Tax Assessed Value: $100,000
Tax Annual Amount: $1,713
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $193
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
09/20/2022
|
2 Bed
|
1 Bath
|
799 ft²
|
$299,000
2 Bed
1 Bath
799 ft²
|
$310,000
+3.68%
11/30/2022
|
Samuel Saillant
United Brokers
| |
|
10/16/2020
|
1 Bed
|
1 Bath
|
526 ft²
|
$179,450
1 Bed
1 Bath
526 ft²
|
$179,450
12/21/2020
|
Chinatti Realty Group
Chinatti Realty Group, Inc.
| |
|
11/06/2019
|
1 Bed
|
1 Bath
|
672 ft²
|
$250,000
1 Bed
1 Bath
672 ft²
|
$245,000
-2.00%
02/07/2020
|
Neran Rohra
Coldwell Banker Realty - Arlington
| |
|
05/02/2019
|
1 Bed
|
1 Bath
|
635 ft²
|
$225,000
1 Bed
1 Bath
635 ft²
|
$244,000
+8.44%
06/28/2019
|
Ryan Gehris
USRealty.com, LLP
| |
|
05/09/2018
|
2 Bed
|
1 Bath
|
1065 ft²
|
$250,000
2 Bed
1 Bath
1065 ft²
|
$275,000
+10.00%
07/16/2018
|
Christine Caton McGill
Griffin Properties, Inc.
| |
|
04/04/2016
|
1 Bed
|
1 Bath
|
635 ft²
|
$159,900
1 Bed
1 Bath
635 ft²
|
$156,500
-2.13%
10/17/2016
|
Joan Regan
Century 21 Tradition
| |
|
10/15/2015
|
1 Bed
|
1 Bath
|
519 ft²
|
$148,500
1 Bed
1 Bath
519 ft²
|
$141,000
-5.05%
01/07/2016
|
Elizabeth Carlson
Coldwell Banker Realty - Marblehead
| |
|
05/01/2015
|
2 Bed
|
1 Bath
|
1054 ft²
|
$207,000
2 Bed
1 Bath
1054 ft²
|
$200,000
-3.38%
07/24/2015
|
Arlene Rothblatt
Sagan Harborside Sotheby's International Realty
| |
|
11/24/2014
|
1 Bed
|
1 Bath
|
526 ft²
|
$129,900
1 Bed
1 Bath
526 ft²
|
$127,000
-2.23%
04/10/2015
|
Eileen Spencer
Century 21 Tradition
| |
|
08/18/2014
|
1 Bed
|
1 Bath
|
672 ft²
|
$150,000
1 Bed
1 Bath
672 ft²
|
$150,000
10/17/2014
|
Debra Molle
Coldwell Banker Realty - Lynnfield
| |
|
07/08/2013
|
1 Bed
|
1 Bath
|
635 ft²
|
$127,000
1 Bed
1 Bath
635 ft²
|
$120,000
-5.51%
11/26/2013
|
Kimberly Delling
RE/MAX Encore
| |
|
09/14/2010
|
1 Bed
|
1 Bath
|
526 ft²
|
$61,000
1 Bed
1 Bath
526 ft²
|
$61,000
10/29/2010
|
Stephen Roberts
Century 21 Tradition
| |
|
04/21/2004
|
1 Bed
|
1 Bath
|
526 ft²
|
$139,900
1 Bed
1 Bath
526 ft²
|
$141,000
+0.79%
08/31/2004
|
Joseph Addario
Coldwell Banker Realty - Lynnfield
| |
|
03/31/2004
|
2 Bed
|
1 Bath
|
1100 ft²
|
$229,000
2 Bed
1 Bath
1100 ft²
|
$219,000
-4.37%
05/24/2004
|
Patricia Hanifey
Coldwell Banker Residential Brokerage - Swampscott
| |
|
07/16/2003
|
2 Bed
|
1 Bath
|
1100 ft²
|
$214,900
2 Bed
1 Bath
1100 ft²
|
$205,000
-4.61%
01/30/2004
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
06/03/2003
|
1 Bed
|
1 Bath
|
575 ft²
|
$159,000
1 Bed
1 Bath
575 ft²
|
$159,000
07/25/2003
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
11/26/2002
|
1 Bed
|
1 Bath
|
575 ft²
|
$159,000
1 Bed
1 Bath
575 ft²
|
$158,000
-0.63%
12/20/2002
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
09/24/2002
|
1 Bed
|
1 Bath
|
575 ft²
|
$159,000
1 Bed
1 Bath
575 ft²
|
$155,000
-2.52%
05/15/2003
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
08/24/2002
|
1 Bed
|
1 Bath
|
672 ft²
|
$159,500
1 Bed
1 Bath
672 ft²
|
$155,000
-2.82%
05/15/2003
|
Robin Duquette
Coldwell Banker Residential Brokerage - Swampscott
| |
|
05/07/2002
| |
5 Bed
|
-
|
3853 ft²
|
$479,900
5 Bed
-
3853 ft²
|
$495,000
+3.15%
07/19/2002
|
Richard Powers
Toner Real Estate, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017