$270,000
●
Condo -
Off Market
124 Eastern Ave #B
Gloucester, MA 01930
2 Beds
1 Bath,
1
Half Bath
1,500 Ft²
$629,012
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model
About This Property
Ocean view Good Harbor Beach location! Newly remodeled
Victorian town home featuring 2BR, 1.5BA with hardwood floors,
granite countertops, office, expansive deck for grilling and
viewing pleasure. Conveniently located near Rte. 128, Bass
Rocks Golf & Tennis Club and Good Harbor Beach. Ideal summer
getaway or utilize as a year round retreat.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$200
Property Type
Condo
Property Taxes
-
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 #70819249)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2009 | Sold | ||
| Sold | |||
| Sep 11, 2008 | Listed by RE/MAX Advantage Real Estate | $299,999 | |
| Listed by RE/MAX Advantage Real Estate | |||
| | |||
|
Ocean view Good Harbor Beach location! Newly remodeled Victorian town home featuring 2BR, 1.5BA with hardwood floors, granite countertops, office, expansive deck for grilling and viewing pleasure. Conveniently located near Rte. 128, Bass Rocks Golf & Tennis Club and Good Harbor Beach. Ideal summer getaway or utilize as a year round retreat.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned, Deeded
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave
Flooring Type: Wood, Tile, Flooring - Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 6
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1500
Square Footage Source: $0
Year Built Source: Owner
Year Built: 1910
Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Area Total: 1500
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Area: 0.25
Lot Size Units: Acres
Lot Size Acres: 0.25
Lot Size Square Feet: 11325
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 264
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
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 |
|---|---|---|---|---|---|---|---|
|
04/07/2010
|
3 Bed
|
2 Bath
|
2200 ft²
|
$359,000
3 Bed
2 Bath
2200 ft²
|
-
-
|
Jamin M. Jones
Century 21 N. Shore
| |
|
09/11/2008
|
2 Bed
|
2 Bath
|
1500 ft²
|
$299,999
2 Bed
2 Bath
1500 ft²
|
$270,000
-10.00%
04/02/2009
|
Bruce Bain
Pinnacle Fine Homes & Investments
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017