$430,000
●
Condo -
Off Market
101 Gloucester Avenue #2
Gloucester, MA 01930
2 Beds
1 Bath,
1
Half Bath
1,344 Ft²
$393,531
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
SUNDAY OPEN HOUSE CANCELLED.....Great layout in this
townhouse-style condo. NEW roof! Two bedrooms, 1.5 baths, skylights
in both bedrooms. Finished basement space and laundry area.
Attic storage space. Private deck and small fenced area, plus
shared yard space and storage shed. Off-street parking for 2+
cars. Less than a mile to Rt 128, Grant Circle, and MBTA
station. All kitchen appliances to remain, as well as
washer/dryer, window A/C, and tv. Hardwood floors on first
level. No condo fee - the unit owners share the master
insurance cost and lawn care. Seller offering $2,500 credit
at closing in lieu of replacing BR flooring and refinishing
interior stairs. Sellers say quick closing possible and preferred!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$294
Property Type
Condo
Property Taxes
$293
HOA Dues
-
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: 4 months ago (MLSPIN #73156602)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2023 | In contract | - | |
| In contract | |||
| Sep 7, 2023 | Listed by Noble Realty Partners LLC | $395,000 | |
| Listed by Noble Realty Partners LLC | |||
| | |||
|
SUNDAY OPEN HOUSE CANCELLED.....Great layout in this townhouse-style condo. NEW roof! Two bedrooms, 1.5 baths, skylights in both bedrooms. Finished basement space and laundry area. Attic storage space. Private deck and small fenced area, plus shared yard space and storage shed. Off-street parking for 2+ cars. Less than a mile to Rt 128, Grant Circle, and MBTA station. All kitchen appliances to remain, as well as washer/dryer, window A/C, and tv. Hardwood floors on first level. No condo fee - the unit owners share the master insurance cost and lawn care. Seller offering $2,500 credit at closing in lieu of replacing BR flooring and refinishing interior stairs. Sellers say quick closing possible and preferred!
| |||
| May 26, 2017 | Sold | ||
| Sold | |||
| Mar 31, 2017 | Listed by Noble Realty Partners LLC | $259,000 | |
| Listed by Noble Realty Partners LLC | |||
| | |||
|
This duplex style two bedroom unit is set in a quiet residential area and provides plenty of off street parking, a yard area and a deck. The interior provides a cozy house like feel, as the first floor offers an eat in kitchen with new stainless steel appliances, a living room and a half bath. The second floor has a large master bedroom with a vaulted ceiling and a good sized second bedroom also with a vaulted ceiling, as well as a full bath. This unit also offers a large finished basement room that is perfect for a play room, family room, office or third bedroom. Set close to all the amenities of downtown Gloucester, Route 128, Gloucester Schools and the Commuter Rail. First Showings at Open House Sunday April 2nd 11:00-12:30
| |||
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Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Deeded
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Bonus Room
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Flooring Type: Tile, Carpet, Hardwood
Laundry Features: In Basement, In Unit
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1344
Year Built Source: Public Records
Year Built: 1987
Building Name: 101-103 Gloucester Avenue Condominium
Building Area Total: 1344
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 6000
Water Source: Public
Financial Details
Tax Assessed Value: $331,400
Tax Annual Amount: $3,510
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Electric
Sewer : Private Sewer
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 |
|---|---|---|---|---|---|---|---|
|
09/07/2023
|
2 Bed
|
2 Bath
|
1344 ft²
|
$395,000
2 Bed
2 Bath
1344 ft²
|
$430,000
+8.86%
10/06/2023
|
Patti LeBlanc
Century 21 North East
| |
|
04/20/2017
|
2 Bed
|
2 Bath
|
1313 ft²
|
$269,000
2 Bed
2 Bath
1313 ft²
|
$263,000
-2.23%
06/08/2017
|
David Roccia
Century 21 North East
| |
|
03/31/2017
|
2 Bed
|
2 Bath
|
1313 ft²
|
$259,000
2 Bed
2 Bath
1313 ft²
|
$258,000
-0.39%
05/26/2017
|
Mark Ventimiglia
Vadala Real Estate
| |
|
10/05/2006
|
2 Bed
|
2 Bath
|
1221 ft²
|
$245,000
2 Bed
2 Bath
1221 ft²
|
$244,500
-0.20%
01/24/2007
|
Kimberly Lorden
Churchill Properties
|
Building Info
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