$525,000
●
Condo -
Off Market
150 Prospect Street #2
Gloucester, MA 01930
2 Beds
1 Bath
1,967 Ft²
$838,022
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
THIS CONDOMINIUM HAS EVERYTHING! Tucked on the second floor of a
completely renovated old Gloucester home it is close to the harbor,
shops and restaurants. The high end cook-friendly kitchen of
your dreams is the Piece De Resistance and takes your breath
away. Among many of its features are double Bosch wall ovens,
gorgeous custom cabinets, sparkling granite counters, and a
butler's pantry. The large center island is a great spot for
family gatherings and parties. Complete with a working
fireplace and built in bookshelves the library is the perfect place
to relax at the end of the day. The living room opens to a
charming sun room that extends across the front of the house with
lots of windows and custom blinds. To top it off the third
floor balcony has sweeping harbor views and overlooks a
beautifully landscaped yard. There is 2 car off street tandem
parking and common outdoor space. Come see for yourselves how
stunning this new listing is.
Unit Size
1,967 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$269
Property Type
Condo
Property Taxes
$387
HOA Dues
$388
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: 5 years ago (MLSPIN #72247203)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2017 | Sold | ||
| Sold | |||
| Oct 25, 2017 | Listed by Coldwell Banker Realty - Gloucester | $529,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
| Jun 23, 2009 | Sold | ||
| Sold | |||
| Jan 5, 2009 | Listed by Coldwell Banker Realty - Gloucester | $359,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
| | |||
|
Exquisite 2nd floor unit in this completly renovated classic home close to Gloucester Harbor. Every detail has been thought out, high-end chefs kitchen with gas DCS cooktop with grill, double Bosch wall ovens, custom cabinets and gleaming granite countertops. Living room, sunroom dining room and library with fireplace all with period woodwork. Enjoy ocean views from the sunroom, a perfect place for your home office.2 car tandem parking,roof top deck and patio with sweeping harbor views
| |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Interior Details
Level: Second
Width: 16
Length: 24
Features: Flooring - Hardwood, Balcony / Deck, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Stainless Steel Appliances, Gas Stove
Area: 384
Level: Second
Width: 9
Length: 12
Area: 108
Width: 8
Features: Flooring - Hardwood
Length: 14
Level: Second
Area: 112
Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Hot Tub / Spa
Level: Second
Length: 15
Level: Second
Area: 225
Features: Ceiling Fan(s), Flooring - Hardwood
Width: 15
Features: Ceiling Fan(s), Cedar Closet(s), Flooring - Hardwood
Level: Second
Length: 15
Width: 13
Area: 195
Features: No
Full Bathrooms: 1
Interior Features: Sun Room, Loft, Library
Appliances: Oven, Dishwasher, Disposal, Trash Compactor, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heaterless, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Flooring - Hardwood
Laundry Features: Second Floor, In Unit
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Tandem
Exterior Details
Has Property Attached
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Captain John Stephens House
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck - Wood, Patio
Lead Paint: Unknown
Lot Size Area: 0.31
Lot Size Units: Acres
Lot Size Acres: 0.31
Zoning: B2
Parcel Number: 4742497
Water Source: Public
Financial Details
Tax Assessed Value: $351,900
Tax Annual Amount: $4,642
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Icemaker Connection
Cooling Type: Central Air, Individual, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Individual, Unit Control, Fireplace
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $388
Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, 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 |
|---|---|---|---|---|---|---|---|
|
06/25/2025
|
1 Bed
|
1 Bath
|
467 ft²
|
$349,900
1 Bed
1 Bath
467 ft²
|
$335,000
-4.26%
10/08/2025
|
Lane Team
North Shore's Gold Coast Realty
| |
|
01/28/2025
|
1 Bed
|
1 Bath
|
1246 ft²
|
$595,000
1 Bed
1 Bath
1246 ft²
|
$595,000
04/04/2025
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
07/25/2019
|
Studio
|
1 Bath
|
467 ft²
|
$239,000
Studio
1 Bath
467 ft²
|
$227,500
-4.81%
10/17/2019
|
Amanda Armstrong
Compass
| |
|
07/25/2019
| |
Studio
|
1 Bath
|
467 ft²
|
$239,000
Studio
1 Bath
467 ft²
|
-
-
|
Amanda Armstrong
Compass
|
|
10/25/2017
|
2 Bed
|
1 Bath
|
1967 ft²
|
$529,000
2 Bed
1 Bath
1967 ft²
|
$525,000
-0.76%
12/14/2017
|
Paula Murphy
Coldwell Banker Realty - Gloucester
| |
|
09/11/2015
|
Studio
|
1 Bath
|
467 ft²
|
$165,000
Studio
1 Bath
467 ft²
|
$165,000
10/23/2015
|
Amanda Armstrong
Compass
| |
|
04/09/2015
|
1 Bed
|
1 Bath
|
1246 ft²
|
$293,000
1 Bed
1 Bath
1246 ft²
|
$290,000
-1.02%
05/28/2015
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
08/27/2010
|
Studio
|
1 Bath
|
467 ft²
|
$205,000
Studio
1 Bath
467 ft²
|
$205,000
03/31/2011
|
Paula Murphy
Coldwell Banker Realty - Gloucester
| |
|
07/14/2009
|
1 Bed
|
1 Bath
|
1246 ft²
|
$299,000
1 Bed
1 Bath
1246 ft²
|
$280,000
-6.35%
10/16/2009
|
Marianne Round
Coldwell Banker Realty - Manchester
| |
|
01/05/2009
|
2 Bed
|
1 Bath
|
1900 ft²
|
$359,000
2 Bed
1 Bath
1900 ft²
|
$355,000
-1.11%
06/23/2009
|
Paula Murphy
Coldwell Banker Realty - Gloucester
|
Building Info
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