$325,800
●
Condo -
Off Market
10 Oak St #2
Gloucester, MA 01930
2 Beds
1 Bath
848 Ft²
$2,151
Est. Monthly
$209
HOA / Fees
About This Property
Charming 2 bed, 1 bath condo in desirable downtown location close
to public transportation. Originally converted in 2006, this unit
features hardwood floors, and a renovated eat-in kitchen with
corian countertops. Large windows allow plenty of natural light.
The gas heat and hot water heater were replaced in the last 5 years
to keep utility costs low. Convenient laundry hook up, and storage
unit in the basement. Off-street parking makes coming and going
easy. Close to shops, restaurants and the MBTA commuter rail for
easy access to Boston. Showings for this well-maintained unit will
begin at the open house. Bring your pre-approval letter to be
considered. Pets negotiable. Washer and dryer included. Don't miss
this opportunity to own near the city.
Unit Size
848 Ft²
Days on Market
-
Land Size
-
Price per sqft
$411
Property Type
Condo
Property Taxes
$228
HOA Dues
$209
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 months ago (MLSPIN #73265075)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Relisted | $348,800 | |
| Relisted | |||
| Aug 2, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher
Flooring Type: Wood, Laminate
Laundry Features: In Basement, Washer Hookup, In Building
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 848
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Bay Access, Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Name: 10 Oak St. Condominium Trust
Building Area Total: 848
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Units: Acres
Tax Lot: 0002
Water Source: Public
Financial Details
Tax Map Number: 0029
Tax Assessed Value: $281,700
Tax Annual Amount: $2,741
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water, Oil, Electric, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $209
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 |
|---|---|---|---|---|---|---|---|
|
01/09/2026
|
2 Bed
|
1 Bath
|
693 ft²
|
$309,000
2 Bed
1 Bath
693 ft²
|
$306,000
-0.97%
02/19/2026
|
Nancy Goodick
Coldwell Banker Realty - Gloucester
| |
|
07/16/2024
|
2 Bed
|
1 Bath
|
848 ft²
|
$368,800
2 Bed
1 Bath
848 ft²
|
$325,800
-11.66%
12/06/2024
|
Fintan Madden
RE/MAX 360
| |
|
09/14/2023
|
2 Bed
|
1 Bath
|
883 ft²
|
$365,000
2 Bed
1 Bath
883 ft²
|
$390,000
+6.85%
10/27/2023
|
Patricia McCormick
J. Barrett & Company
| |
|
01/26/2017
|
2 Bed
|
1 Bath
|
883 ft²
|
$219,900
2 Bed
1 Bath
883 ft²
|
$212,000
-3.59%
08/28/2017
|
Don Dunsky
Don Dunsky Real Estate
| |
|
01/03/2006
|
2 Bed
|
1 Bath
|
700 ft²
|
$179,900
2 Bed
1 Bath
700 ft²
|
$179,000
-0.50%
03/22/2006
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
01/03/2006
|
2 Bed
|
1 Bath
|
850 ft²
|
$199,900
2 Bed
1 Bath
850 ft²
|
$199,000
-0.45%
02/23/2006
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
08/27/2005
|
2 Bed
|
1 Bath
|
883 ft²
|
$227,000
2 Bed
1 Bath
883 ft²
|
$229,000
+0.88%
11/15/2005
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
02/04/2005
| |
6 Bed
|
3 Bath
|
2747 ft²
|
$439,000
6 Bed
3 Bath
2747 ft²
|
$410,000
-6.61%
04/20/2005
|
Joan Oliver
Coldwell Banker Realty - Gloucester
|
|
10/05/1999
| |
6 Bed
|
-
|
3060 ft²
|
$195,000
6 Bed
-
3060 ft²
|
$5,000
-97.44%
09/28/2000
|
Joan Oliver
|
Building Info
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