$240,000
●
Condo -
Off Market
16 Cobblestone Lane #404
Gloucester, MA 01930
3 Beds
2 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 months 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 | |||
| | |||
|
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.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator
Flooring Type: Tile, Vinyl, Carpet
Door Features: Storm Door(s), Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 5
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1430
Square Footage Source: $0
Year Built Source: Owner
Year Built: 2006
Waterfront Features: Waterfront, Pond, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Name: Pond View Village
Building Area Total: 1430
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lot Size Area: 21.43
Lot Size Units: Acres
Lot Size Acres: 21.43
Lot Size Square Feet: 933926
Tax Lot: 32
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
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, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $247
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
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017