$81,000
●
Condo -
Off Market
12 Middle #2
Gloucester, MA 01930
1 Bed
1 Bath
483 Ft²
$177,544
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model
About This Property
Why rent? Get-away/vacation option. Largest (single) unit in
building. Bright space for artist/writer/creative studio.
Half-block from "Boulevard" for water, sports, community activities
enjoyment. Near everything - train, downtown, shopping. Like to
garden? Add your signature touches! Enjoy the front porch/deck for
water views. Galley kitchen. Queen or smaller bed best for BR.
In-unit laundry. Storage unit in basement. New water heater. Ample
street parking. New kitchen floor before Closing!
Unit Size
483 Ft²
Days on Market
-
Land Size
-
Price per sqft
$171
Property Type
Condo
Property Taxes
$90
HOA Dues
$129
Year Built
1900
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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: 6 months ago (MLSPIN #71338878)
Price History
Property Highlights
Interior Details
Full Bathrooms: 1
Appliances: Range, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 3
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 483
Architectural Style: Shingle
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Area Total: 483
Building Area Units: Square Feet
Construction Materials: Frame
Lot Size Units: Acres
Tax Lot: 00002
Water Source: Public
Financial Details
Tax Map Number: 0002
Tax Assessed Value: $88,200
Tax Annual Amount: $1,074
Utilities Details
Cooling Type: Other
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Trash
HOA/Condo/Coop Amenities: Storage
HOA Fee: $129
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 |
|---|---|---|---|---|---|---|---|
|
03/20/2025
|
1 Bed
|
2 Bath
|
731 ft²
|
$379,900
1 Bed
2 Bath
731 ft²
|
$325,000
-14.45%
06/04/2025
|
Lane Team
North Shore's Gold Coast Realty
| |
|
05/24/2023
|
1 Bed
|
1 Bath
|
348 ft²
|
$195,000
1 Bed
1 Bath
348 ft²
|
$202,000
+3.59%
09/18/2023
|
Catherine Belhumeur
North Shore's Gold Coast Realty
| |
|
04/14/2022
|
1 Bed
|
1 Bath
|
416 ft²
|
$230,000
1 Bed
1 Bath
416 ft²
|
$205,000
-10.87%
06/28/2022
|
Alexis King
Redfin Corp.
| |
|
05/07/2019
|
1 Bed
|
1 Bath
|
465 ft²
|
$155,000
1 Bed
1 Bath
465 ft²
|
$160,000
+3.23%
11/15/2019
|
Janet Breiter
Keller Williams Realty Evolution
| |
|
03/06/2017
|
1 Bed
|
1 Bath
|
416 ft²
|
$149,900
1 Bed
1 Bath
416 ft²
|
$150,000
+0.07%
04/14/2017
|
The Mitchell Team
Keller Williams Realty Evolution
| |
|
02/14/2012
|
1 Bed
|
1 Bath
|
483 ft²
|
$82,500
1 Bed
1 Bath
483 ft²
|
$81,000
-1.82%
08/24/2012
|
Janet Breiter
Coldwell Banker Residential Brokerage - Manchester
| |
|
10/13/2011
|
1 Bed
|
1 Bath
|
416 ft²
|
$75,900
1 Bed
1 Bath
416 ft²
|
$73,500
-3.16%
11/21/2011
|
Janet Breiter
Coldwell Banker Residential Brokerage - Manchester
|
Building Info
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