$440,000
●
Condo -
Off Market
124 Eastern #B
Gloucester, MA
3 Beds
2 Baths,
1
Half Bath
1,178 Ft²
$511,459
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Just in time for summer is this move-in ready 3 bedroom, 1.5 bath
townhouse style condo in close proximity to downtown, shopping and
Good Harbor beach with distant ocean views. Nestled amongst large
beautiful new homes, this duplex style condo lives like a single
family. Eat in kitchen with large center island and pantry
offer lots of creative cooking space. Scenic ocean views and
multiple outdoor decks and patio make this a great opportunity for
buyers who wish to own a condo by the sea. A large unfinished
basement provides for ample storage space and walk out private
patio access. Updated roof, creative molding and architectural
details add to the beauty of this property.
Unit Size
1,178 Ft²
Days on Market
-
Land Size
-
Price per sqft
$365
Property Type
Condo
Property Taxes
$340
HOA Dues
$325
Year Built
-
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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: 5 years ago (MLSPIN #72817966)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2021 | Sold | ||
| Sold | |||
| Apr 21, 2021 | Listed by Errico Realty, LLC | $430,000 | |
| Listed by Errico Realty, LLC | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Main
Width: 13
Length: 11
Features: Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid, Kitchen Island, Chair Rail, Recessed Lighting, Gas Stove, Lighting - Pendant, Beadboard
Area: 143
Level: Second
Area: 45
Width: 5
Features: Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Lighting - Overhead, Beadboard
Length: 9
Area: 36
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Beadboard
Length: 6
Level: Main
Width: 6
Level: Second
Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Width: 11
Length: 12
Area: 132
Width: 15
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead, Crown Molding
Length: 12
Level: Main
Area: 180
Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Width: 8
Length: 9
Area: 72
Level: Second
Length: 13
Level: Main
Area: 169
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead, Crown Molding
Width: 13
Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Level: Second
Length: 13
Width: 11
Area: 143
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Lighting - Overhead, Center Hall, Central Vacuum
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Hardwood, Flooring - Hardwood
Laundry Features: Dryer Hookup - Electric, Washer Hookup, Electric Dryer Hookup, Lighting - Overhead, First Floor, In Unit
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street, Tandem, Deeded, Exclusive Parking
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: 124 Eastern Ave Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Patio and Porch Features: Porch, Deck, Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R-10
Parcel Number: 4772933
Water Source: Public
Financial Details
Tax Assessed Value: $325,700
Tax Annual Amount: $4,080
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $325
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017