$1,200,000
●
Condo -
Off Market
130-R Eastern Ave #1
Gloucester, MA 01930
3 Beds
4 Baths,
1
Half Bath
1,742 Ft²
$7,563
Est. Monthly
$500
HOA / Fees
2.05%
Cap Rate
About This Property
This luxury Townhouse in Gloucester offers stunning birds-eye
distant ocean and beach views. The first floor open plan is perfect
for entertaining with coffered ceilings and crown molding
highlighting the spacious living area with expansive deck .
Potential for a first floor bedroom suite. On the 2nd floor find
the master suite which provides another private deck with outdoor
fireplace and ever ending views. Two additional bedrooms and 2.5
bathrooms provide ample space for guests. The walk-out lower level
is unfinished, but allows flexibility for an additional 800+ square
feet of living space. Close proximity to beaches yet privately
situated. The craftsmanship and coastal charm of this sought-after
address surpass expectations. Don't miss this rare opportunity to
call Cape Ann your new home.
Unit Size
1,742 Ft²
Days on Market
-
Land Size
-
Price per sqft
$739
Property Type
Condo
Property Taxes
$738
HOA Dues
$500
Year Built
1920
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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: 2 years ago (MLSPIN #73259795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by RE/MAX Beacon | $1,288,000 | |
| Listed by RE/MAX Beacon | |||
| Jul 8, 2020 | Sold | ||
| Sold | |||
| Jan 31, 2020 | Listed by J. Barrett & Company | $675,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Brand New Construction townhouses set just up the street from the beautiful white sands of Good Harbor Beach. These units will offer ocean views, a beautiful and bright first floor living area, as well as a first floor master bedroom. The second floor will consist of a second master suite, as well as two additional bedrooms and a second full bath. There will also be a deck off of the living area, a gas fireplace, a full basement and a one car garage. This convenient location also offers quick and easy access to both, downtown Gloucester and Rockport, as well as Route 128. Construction is just beginning, so get in now and pick out your finishes.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Main, First
Width: 13.666666
Length: 12.083333
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Gas Stove, Crown Molding
Area: 165.138888
Level: First
Area: 38
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
Length: 4.75
Level: First
Width: 8
Level: Second
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
Width: 15
Length: 12.166666
Area: 182.5
Width: 11.916666
Features: Coffered Ceiling(s), Flooring - Hardwood, Chair Rail, Open Floorplan, Lighting - Pendant
Length: 11.166666
Level: First
Area: 133.069444
Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
Width: 12.916666
Length: 11.916666
Area: 153.923611
Level: Second
Length: 13.5
Level: First
Area: 202.5
Features: Flooring - Hardwood, Chair Rail, Exterior Access, Open Floorplan
Width: 15
Width: 10.5
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: Second
Area: 68.25
Length: 6.5
Features: Bathroom - Full, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony / Deck, Exterior Access, Recessed Lighting, Slider
Level: Second
Length: 13.916666
Width: 17.083333
Area: 237.743055
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Closet, Recessed Lighting, Crown Molding, Bathroom - Half, Lighting - Overhead, 3/4 Bath, Entry Hall, Den
Appliances: Range, Dishwasher, Microwave, Refrigerator, Range Hood
Flooring Type: Wood, Tile, Flooring - Stone/Ceramic Tile
Laundry Features: Flooring - Hardwood, Electric Dryer Hookup, Recessed Lighting, Washer Hookup, Second Floor
Rooms: 8
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street, Assigned
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Atlantic View Townhomes I
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Vinyl, Deck - Composite, Patio - Enclosed
Lead Paint: None
Lot Size Units: Acres
Zoning: R-10
Parcel Number: 5155004
Water Source: Public
Financial Details
Tax Map Number: 0264
Tax Assessed Value: $910,000
Tax Annual Amount: $8,854
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Electric, Hydro Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $500
Community Features: Public Transportation, Shopping, Tennis Court(s), Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
07/11/2024
|
3 Bed
|
4 Bath
|
1742 ft²
|
$1,288,000
3 Bed
4 Bath
1742 ft²
|
$1,200,000
-6.83%
10/01/2024
|
Camille Murphy
Coldwell Banker Realty - Beverly
| |
|
01/31/2020
|
4 Bed
|
4 Bath
|
2177 ft²
|
$695,000
4 Bed
4 Bath
2177 ft²
|
$690,000
-0.72%
07/02/2020
|
Mark Ventimiglia
Vadala Real Estate
| |
|
01/31/2020
|
4 Bed
|
4 Bath
|
2177 ft²
|
$675,000
4 Bed
4 Bath
2177 ft²
|
$675,000
07/08/2020
|
Mark Ventimiglia
Vadala Real Estate
|
Building Info
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