$907,200
●
Condo -
Off Market
10 Grapevine Road #C
Gloucester, MA 01930
2 Beds
3 Baths
1,983 Ft²
$809,950
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
This fabulous period carriage house has undergone a total
renovation transforming it into a wonderfully functional modern
home. This unique condo sits up high on the Rockholm Estate &
catches winter glimpses of Gloucester Harbor. This detached condo
sits in a 1.59 acre woodland setting. The first floor provides a
private entrance into the hallway and opens to the large
open plan family room, dining room and custom kitchen with island.
There is a full bathroom on this level and stairs to the basement.
The staircase leads you up the finest, spacious living room with
cathedral ceilings that was the former billiard room to the estate.
There is custom paneling, cupboards and a convenient built-in bar
for easy entertaining. This room overlooks the wonderful English
Garden. The Master bedroom with private bathroom, guestroom and
family bathroom are all on the 2nd floor. Niles Beach, Gloucester
Stage, Rocky Neck are just a stone's throw away!
Unit Size
1,983 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$403
Property Type
Condo
Property Taxes
$598
HOA Dues
$355
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: 5 years ago (MLSPIN #72945889)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by Compass | $799,000 | |
| Listed by Compass | |||
| Aug 23, 2019 | Sold | ||
| Sold | |||
| Jun 12, 2019 | Listed by Coldwell Banker Realty - Beverly | $675,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| | |||
|
This free-standing former carriage house has been meticulously transformed into a home of your dreams. "Rockholm" is a complete renovation of this gorgeous estate, situated on a granite bluff above Gloucester Harbor and Ten Pound Island. The first level includes a gorgeous kitchen and dining room. Upstairs, the former billiards room is now a grand living room, with cathedral ceiling and majestic fireplace. Master bedroom, guest room and additional full bath. Full basement and attic for storage. A formal English garden and beautiful woodland setting buffer this 1.59 acre sanctuary for privacy, yet you are just a short stroll to Niles Beach, Rocky Neck Art Colony, Eastern Point, Gloucester Stage Company and the famed Back Shore. Originally built in 1912, the property was designed by noted architect Ezra Phillips of Phillips and Holloran. Great care was taken to preserve the fabulous architectural details and blend them seamlessly with every modern convenience.
| |||
Property Highlights
Air Conditioning
Garage
Parking Available
Fireplace
Interior Details
Level: First
Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Kitchen Island, Cabinets - Upgraded, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Overhead, Crown Molding, Vestibule
Level: Second
Features: Closet/Cabinets - Custom Built
Features: Flooring - Laminate, High Speed Internet Hookup, Open Floorplan, Crown Molding
Level: First
Features: Bathroom - 3/4, Walk-In Closet(s), Flooring - Laminate, Dressing Room, High Speed Internet Hookup, Recessed Lighting, Remodeled
Level: Second
Level: Second
Features: Vaulted Ceiling(s), Closet/Cabinets - Custom Built, Flooring - Laminate, French Doors, Wet Bar, High Speed Internet Hookup, Wainscoting, Lighting - Overhead
Level: First
Features: Open Floorplan, Remodeled
Features: Yes
Full Bathrooms: 3
Interior Features: Bathroom - Full, Bathroom - With Tub & Shower, Countertops - Stone/Granite/Solid, 3/4 Bath, Bathroom, Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Other, Flooring - Stone/Ceramic Tile
Laundry Features: Second Floor, In Unit
Rooms: 4
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Deeded, Off Street, Driveway, Exclusive Parking
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: The Rockholm
Structure Type: Detached, Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Area: 0.07
Lot Size Units: Acres
Lot Size Acres: 0.07
Zoning: R12`
Parcel Number: 84 42C 377274, 5118414
Water Source: Public, Individual Meter
Financial Details
Tax Map Number: M:0083
Tax Assessed Value: $611,500
Tax Annual Amount: $7,172
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Garden Area
Association Fee Frequency: Monthly
HOA Fee: $355
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
02/24/2022
|
2 Bed
|
3 Bath
|
1983 ft²
|
$799,000
2 Bed
3 Bath
1983 ft²
|
$907,200
+13.54%
04/15/2022
|
Lorraine Gately
Compass
| |
|
06/12/2019
|
2 Bed
|
3 Bath
|
1983 ft²
|
$675,000
2 Bed
3 Bath
1983 ft²
|
$632,000
-6.37%
08/23/2019
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
06/12/2019
|
3 Bed
|
4 Bath
|
3052 ft²
|
$799,900
3 Bed
4 Bath
3052 ft²
|
$800,000
+0.01%
12/11/2019
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
10/19/2018
| |
2 Bed
|
3 Bath
|
1983 ft²
|
$775,000
2 Bed
3 Bath
1983 ft²
|
$632,000
-18.45%
08/23/2019
|
Dawn Burnham
Engel & Volkers By The Sea
|
|
10/19/2018
|
3 Bed
|
4 Bath
|
2887 ft²
|
$849,900
3 Bed
4 Bath
2887 ft²
|
$845,000
-0.58%
03/15/2019
|
Gillian Harnish Bouchie
Engel & Volkers By the Sea
| |
|
11/23/2015
| |
7 Bed
|
4 Bath
|
4496 ft²
|
$1,095,000
7 Bed
4 Bath
4496 ft²
|
$950,000
-13.24%
04/24/2017
|
Scott Smith
Coldwell Banker Realty - Manchester
|
Building Info
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