$339,000
●
Condo -
Off Market
15 Western Ave #31
Gloucester, MA 01930
2 Beds
2 Baths,
1
Half Bath
1,430 Ft²
$798,825
RealtyHop Estimate
135.64%
Since May 1, 2003
National-US
Primary Model
About This Property
EXQUISITELY REMODELED HISTORIC PROPERTY WITH EXTENSION DECKS
CENTRAL AIR, HARDWOOD AND TILE FLOORS. MODEST OCEAN VIEWS.
NEAR BEACHES, PARK, SHOPPING & FINE DINING.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
-
Price per sqft
$237
Property Type
Condo
Property Taxes
-
HOA Dues
$250
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: 4 years ago (MLSPIN #30656477)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2003 | Sold | ||
| Sold | |||
| Oct 10, 2002 | Listed by Coldwell Banker Realty - Winchester | $339,000 | |
| Listed by Coldwell Banker Realty - Winchester | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Width: 18
Length: 14
Features: Flooring - Stone/Ceramic Tile
Area: 252
Level: Third
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
Level: Third
Features: Flooring - Hardwood
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
Level: First
Length: 15
Level: First
Area: 210
Features: Flooring - Hardwood
Width: 14
Features: Flooring - Hardwood
Level: Third
Length: 15
Level: Second
Area: 105
Width: 7
Level: First
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Office
Appliances: Range, Dishwasher, Disposal, Microwave, Gas Water Heater
Flooring Type: Wood, Tile
Laundry Features: Flooring - Stone/Ceramic Tile, Second Floor, Washer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Deeded
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Addison Proctor House
Structure Type: 2/3 Family
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: NB
Parcel Number: 4298293
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Utilities: Washer Hookup
Cooling Type: Central Air
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA/Condo/Coop Amenities: Storage
HOA Fee: $250
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails
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 |
|---|---|---|---|---|---|---|---|
|
04/27/2015
|
2 Bed
|
1 Bath
|
1437 ft²
|
$388,800
2 Bed
1 Bath
1437 ft²
|
$385,000
-0.98%
07/01/2015
|
Fintan Madden
RE/MAX 360
| |
|
06/06/2007
|
2 Bed
|
3 Bath
|
1557 ft²
|
$375,000
2 Bed
3 Bath
1557 ft²
|
$365,000
-2.67%
05/28/2008
|
Holly Chiancola
Holly C & Co. Fine Homes
| |
|
10/10/2002
|
2 Bed
|
2 Bath
|
1430 ft²
|
$339,000
2 Bed
2 Bath
1430 ft²
|
$339,000
04/28/2003
|
Arlene Nicolazzo
Coldwell Banker Residential Brokerage - Winchester
| |
|
03/22/2002
|
2 Bed
|
3 Bath
|
1562 ft²
|
$432,000
2 Bed
3 Bath
1562 ft²
|
$432,000
06/03/2002
|
Maureen Johnson
EXIT Top Choice Realty
| |
|
03/01/1999
| |
4 Bed
|
3 Bath
|
2852 ft²
|
$295,000
4 Bed
3 Bath
2852 ft²
|
$280,000
-5.08%
01/27/2000
|
Peter Carter
Danvers Real Estate
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017