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Essex
5 Cherry Street
$243,000
● House - Off Market

5 Cherry Street

Middleton, MA 01949
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,144 Ft²
$512,787
RealtyHop Estimate
89.92%
Since Jun 1, 2004
MA-Boston
Primary Model

About This Property

Handy man special, "sold as is". Quiet neighborhood, corner lot.
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$236
Property Type
House
Property Taxes
$220
HOA Dues
-
Year Built
2016

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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: 4 months ago (MLSPIN #70005170)

Price History

Date / Event Date Event Price
Jan 25, 2012 Sold
Premium
Sold
Jan 28, 2005 Sold
Premium
Sold
May 17, 2004 Sold
Premium
Sold
Feb 24, 2004 Listed by Century 21 deAN Tri Town $270,000
Listed by Century 21 deAN Tri Town

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,232
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 2,464
  • Gross Building Area: 3,696
  • Building Area: 2,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Masconomet School District
  • Census Tract: 212102

Zoning

  • Zoning: R1A

Geography

  • Parcel: MIDD M:0029 B:0000 L:0053 A
  • Lot: 53 A
  • Municipality: MIDDLETON
  • Latitude: 42.5807
  • Longitude: -71.0062

    Address

  • Full Address: 5 Cherry Ave
  • Address - House Number: 5
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Middleton
  • Carrier Code: R004
  • 4-Digit Zip Code: 2356
  • Zip Code: 01949

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,026,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 958,151
  • High Value: 1,109,495
  • Low Value: 806,807

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $870,400
  • Assessed Land Value: $271,500
  • Assessed Improvements Value: $598,900

    Sales

  • Current Sale Recording Date: Jan 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jan 28, 2005
  • Previous Sale Amount: $358,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2602 ft²

Average Home Age

73.3 years

Currently For Sale

1409 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70005170

Frequently Asked Questions

When was property at 5 Cherry Street built and last sold?
The property at 5 Cherry Street was built in 2016 and last sold on Jan 1, 1970 for $259,500.
How much is this home worth?
The estimated value of the home located at 5 Cherry Street is $290,489.
What are some comparable homes to 5 Cherry Street?
There are currently no comparable homes to 5 Cherry Street.
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