$240,000
●
Condo -
Off Market
16 Cobblestone Lane #404
Gloucester, MA 01930
3 Beds
3 Baths,
1
Half Bath
1,430 Ft²
$481,760
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model
About This Property
Come see this wonderful new construction at a fabulous price
on the site of the historic LePage property. A great village
setting around Lower Banjo Pond with easy access to Route 128 and
train. Just minutes to downtown Gloucester, the harbor front
boulevard, Stage Fort Park and Half Moon Beach. Come home to a real
treat, relax and watch the sun set over the pond.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
21.43 acres
Price per sqft
$181
Property Type
Condo
Property Taxes
$192
HOA Dues
$247
Year Built
2005
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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 #70659582)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2008 | Sold | ||
| Sold | |||
| Oct 5, 2007 | Listed by J. Barrett & Company | $259,000 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 15
Length: 8
Area: 120
Level: First
Area: 32
Width: 8
Features: Bathroom - Full
Length: 4
Area: 32
Features: Bathroom - Half
Length: 4
Level: Second
Width: 8
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 9
Area: 108
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 9
Area: 108
Level: First
Features: Flooring - Wall to Wall Carpet
Level: Second
Length: 15
Level: Second
Area: 285
Features: Flooring - Wall to Wall Carpet
Width: 19
Features: Flooring - Wall to Wall Carpet
Level: First
Length: 19
Width: 15
Area: 285
Features: Bathroom - Full
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Tile, Vinyl, Carpet
Laundry Features: Washer Hookup
Rooms: 5
Basement: N
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Pond View Village
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Area: 21.43
Lot Size Units: Acres
Lot Size Acres: 21.43
Zoning: VillageBiz
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 218
Tax Assessed Value: $253,300
Tax Annual Amount: $2,305
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $247
Community Features: Public Transportation, Park, Walk/Jog Trails
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
10/05/2007
|
3 Bed
|
3 Bath
|
1430 ft²
|
$259,000
3 Bed
3 Bath
1430 ft²
|
$240,000
-7.34%
04/23/2008
|
Anne Pardee
Coldwell Banker Realty - Gloucester
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017