$505,000
●
Condo -
Off Market
15 Flume Rd #2
Gloucester, MA 01930
2 Beds
2 Baths
1,378 Ft²
$620,494
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Meticulously maintained and move-in ready 2 BR/2 BA condo in the
heart of Magnolia Village. This home is perfectly situated next
door to shopping, restaurants, and Magnolia Beach. The condo has
balconies off of the living room and master bedroom with
spectacular ocean views. The kitchen is bright and charming and has
been updated with granite countertops newer appliances. The master
bedroom has a cathedral ceiling, skylight, two double closets, and
a large balcony. The unit has beautiful oak hardwood floors and the
one-car garage has floor-to-ceiling shelving. In addition, there is
a storage/laundry room with ample cabinets, shelves, and closets.
This home is perfect for a year-round residence or weekend retreat.
Pet-friendly w/restrictions.
Unit Size
1,378 Ft²
Days on Market
-
Land Size
-
Price per sqft
$362
Property Type
Condo
Property Taxes
$395
HOA Dues
$300
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #72779185)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2021 | Sold | ||
| Sold | |||
| Jan 27, 2021 | Listed by Bay Colony Realty | $499,000 | |
| Listed by Bay Colony Realty | |||
| Jul 16, 2018 | Sold | ||
| Sold | |||
| Apr 26, 2018 | Listed by Coldwell Banker Realty - Manchester | $429,900 | |
| Listed by Coldwell Banker Realty - Manchester | |||
| | |||
|
Immaculate meticulously maintained 2 BR 2 BA condo in the heart of Magnolia Village close to shopping, restaurants & best of all the beach is just down the street! So grab your beach chair & umbrella! 2 balconies off LR & Master BR for entertaining with ocean views or relaxing with a book listening to the waves. Enjoy the summer as this condo has it all & it is move-in ready.Updated fully applianced kitchen with granite countertops & lots of windows for sunlight perfect for all of your culinary pursuits. Beautiful oak hw floors 1st floor. Master BR sanctuary with cathedral ceiling, skylight, 2 double closets & balcony right outside. Keep out of the elements with 1 car garage under with wonderful floor to ceiling shelving. Tons of storage also in laundry room with cabinets, shelves & closets. There is nothing to do but just move in & enjoy a lifestyle that is your summer getaway or your year round retreat. Pet Friendly w/restrictions.
| |||
| Jan 26, 1999 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: Main
Width: 7
Length: 13
Features: Flooring - Vinyl, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting
Area: 91
Level: Second
Area: 35
Width: 5
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Length: 7
Area: 35
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Linen, Flooring - Stone/Ceramic Tile
Length: 7
Level: Main
Width: 5
Level: Second
Features: Closet - Linen, Flooring - Laminate
Width: 12
Length: 20
Area: 240
Features: Flooring - Hardwood, Open Floorplan
Level: Main
Length: 26
Level: Main
Area: 312
Features: Flooring - Hardwood, Balcony - Exterior, Open Floorplan, Slider
Width: 12
Features: Skylight, Cathedral Ceiling(s), Flooring - Laminate, Balcony - Exterior, Slider
Level: Second
Length: 15
Width: 14
Area: 210
Features: No
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl, Laminate
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, In Unit
Rooms: 5
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Magnolia Harbor Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: VB
Parcel Number: M:0169 B:0059 L:0002, 1902074
Water Source: Public
Financial Details
Tax Assessed Value: $384,700
Tax Annual Amount: $4,743
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer
Cooling Type: Central Air, Heat Pump, Unit Control
Heating Type: Forced Air, Electric, Unit Control
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal, Trash
HOA Fee: $300
Community Features: Public Transportation, Shopping, Park, House of Worship
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
10/28/2024
|
2 Bed
|
2 Bath
|
1329 ft²
|
$625,000
2 Bed
2 Bath
1329 ft²
|
$585,000
-6.40%
12/16/2024
|
Lori Lincoln
Keller Williams - Easton
| |
|
05/09/2024
|
2 Bed
|
2 Bath
|
1315 ft²
|
$628,000
2 Bed
2 Bath
1315 ft²
|
$595,000
-5.25%
08/15/2024
|
Nice to be Home Group
RE/MAX 360
| |
|
09/12/2022
|
2 Bed
|
1 Bath
|
1360 ft²
|
$579,000
2 Bed
1 Bath
1360 ft²
|
$650,000
+12.26%
11/02/2022
|
Linda Clayton
RE/MAX 360
| |
|
01/27/2021
|
2 Bed
|
2 Bath
|
1378 ft²
|
$499,000
2 Bed
2 Bath
1378 ft²
|
$505,000
+1.20%
03/16/2021
|
Lori Bassinger
Bay Colony Realty
| |
|
11/08/2018
|
2 Bed
|
2 Bath
|
1315 ft²
|
$398,000
2 Bed
2 Bath
1315 ft²
|
$398,000
04/26/2019
|
William Rochford
Sagan Harborside Sotheby's International Realty
| |
|
04/26/2018
|
2 Bed
|
2 Bath
|
1378 ft²
|
$429,900
2 Bed
2 Bath
1378 ft²
|
$420,000
-2.30%
07/16/2018
|
Nancy Winslow
Coldwell Banker Realty - Manchester
| |
|
04/10/2015
|
2 Bed
|
2 Bath
|
1639 ft²
|
$349,900
2 Bed
2 Bath
1639 ft²
|
$330,000
-5.69%
05/18/2015
|
Fred Newton
Sovereign Realty Advisors, LLC
| |
|
05/21/2014
|
2 Bed
|
2 Bath
|
1330 ft²
|
$309,000
2 Bed
2 Bath
1330 ft²
|
$300,000
-2.91%
10/01/2014
|
Hope Watt-Bucci
Coldwell Banker Realty - Manchester
| |
|
09/11/1998
|
2 Bed
|
2 Bath
|
1378 ft²
|
$179,900
2 Bed
2 Bath
1378 ft²
|
$175,000
-2.72%
01/26/1999
|
Mary Jane Sheedy
Coldwell Banker Realty - Gloucester
| |
|
01/04/1993
| |
Loft
|
2 Bath
|
-
|
$132,900
Loft
2 Bath
|
$131,900
-0.75%
05/06/1993
|
Robert Stallard
RE/MAX Advantage Real Estate
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017