52 Cherry St #2
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Jun 7, 2020 | Listed by RE/MAX On the Charles | $349,900 | |
| Listed by RE/MAX On the Charles | |||
| Jul 18, 2016 | Sold | ||
| Sold | |||
| May 4, 2016 | Listed by Century 21 Commonwealth | $319,000 | |
| Listed by Century 21 Commonwealth | |||
| | |||
|
Sunny first floor condominium on tree lined side street in the heart of Waltham's vibrant downtown. This condominium boasts a designer kitchen with eat-in dining area, cherry cabinets, granite countertops, stainless steel appliances & tiled floor. Living room features double French doors to dining room or possible 2nd bedroom. Lots of windows & hardwood floors throughout. In-unit washer & dryer hookup. NEST thermostat controls the gas fired heat and central air conditioning. Plenty of extra storage in your own basement area. Condo was completely renovated to the studs in 2012. Great well-run eight unit condo association is completely owner occupied. Deeded one car parking in your own exclusive driveway. Back porch leads to nicely landscaped yard. Close to Moody Street restaurants and nightlife, Charles River bike path & boat launch. Commuter rail to Boston, Mass Pike and RT 128 minutes away. Showings start Friday 5/6 11AM. Offers due Tuesday 5/10 at 10AM to allow all a chance to view.
| |||
| Oct 7, 2012 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/01/2020
|
1 Bed
|
1 Bath
|
710 ft²
|
$340,000
1 Bed
1 Bath
710 ft²
|
$350,000
+2.94%
10/16/2020
|
Team Pratt
RE/MAX On the Charles
| |
|
06/07/2020
|
1 Bed
|
1 Bath
|
710 ft²
|
$349,900
1 Bed
1 Bath
710 ft²
|
$356,900
+2.00%
07/24/2020
|
Team Pratt
RE/MAX On the Charles
| |
|
05/04/2016
|
1 Bed
|
1 Bath
|
710 ft²
|
$319,000
1 Bed
1 Bath
710 ft²
|
$333,000
+4.39%
07/18/2016
|
Stewart Woodward
Century 21 Commonwealth
| |
|
02/10/2016
|
1 Bed
|
1 Bath
|
710 ft²
|
$279,900
1 Bed
1 Bath
710 ft²
|
$315,000
+12.54%
03/29/2016
|
Maryellen Dischino
Keller Williams Realty
| |
|
06/16/2012
|
2 Bed
|
1 Bath
|
710 ft²
|
$249,900
2 Bed
1 Bath
710 ft²
|
$235,000
-5.96%
10/07/2012
|
Dee LeBlanc
Realty Executives
| |
|
11/20/2009
|
2 Bed
|
1 Bath
|
790 ft²
|
$269,000
2 Bed
1 Bath
790 ft²
|
$253,000
-5.95%
06/10/2010
|
Carole Daniels
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017