$144,250
●
Condo -
Off Market
16 Myrtle Sq #A
Gloucester, MA 01930
2 Beds
1 Bath
1,010 Ft²
$264,342
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model
About This Property
Spacious and sunny first floor of converted 2 family centrally
located 2 BR 1 level condo with newer bath and laundry in unit.
Large basement and storage area. Features exclusive use of fenced
yard area with established gardens and large gracious farmer's
porch! 2 car parking offstreet. Very close to commuter rail
station. Protected woodlands across street.
Unit Size
1,010 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
Condo
Property Taxes
$117
HOA Dues
$100
Year Built
-
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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 #70572183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2014 | Sold | ||
| Sold | |||
| Mar 6, 2014 | Listed by Keller Williams Realty Evolution | $139,900 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Immaculate and re furbished garden style condo ~ Walking distance to Commuter Rail and Beaches. Great for a seasonal or full time residence! You have exclusive use of farmers porch for enjoying the outdoors AND a full garden area that is chock full of perennials! The seller has done tons of work to make this an ideal & comfy home,..Plenty of Parking, Wooded Area in Front of Property, Open Concept, Quiet Street!..check it out..can't beat the price for the quality, space and location! Absolutely will not last!
| |||
| Jun 28, 2007 | Sold | ||
| Sold | |||
| May 4, 2007 | Listed by Keller Williams Realty Evolution | $154,000 | |
| Listed by Keller Williams Realty Evolution | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Width: 13
Length: 9
Area: 117
Area: 64
Features: Bathroom - Full
Length: 8
Level: First
Width: 8
Level: First
Width: 11
Length: 9
Area: 99
Length: 13
Level: First
Area: 169
Width: 13
Level: First
Length: 11
Width: 11
Area: 121
Length: 7
Level: First
Area: 70
Width: 10
Features: No
Full Bathrooms: 1
Interior Features: Office
Appliances: Range, Gas Water Heater, Tank Water Heater
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R4
Parcel Number: 1894656
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 24
Tax Assessed Value: $162,800
Tax Annual Amount: $1,402
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Hot Water, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Electricity, Insurance
HOA Fee: $100
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
05/07/2014
|
3 Bed
|
1 Bath
|
1245 ft²
|
$169,900
3 Bed
1 Bath
1245 ft²
|
$156,000
-8.18%
07/15/2014
|
Philip Dennesen
Keller Williams Realty Evolution
| |
|
03/06/2014
|
1 Bed
|
1 Bath
|
879 ft²
|
$139,900
1 Bed
1 Bath
879 ft²
|
$142,400
+1.79%
04/18/2014
|
Philip Dennesen
Keller Williams Realty Evolution
| |
|
05/04/2007
|
2 Bed
|
1 Bath
|
1010 ft²
|
$154,000
2 Bed
1 Bath
1010 ft²
|
$144,250
-6.33%
06/28/2007
|
Peter Lane
North Shore's Gold Coast Realty
| |
|
01/07/2005
|
3 Bed
|
1 Bath
|
1245 ft²
|
$233,000
3 Bed
1 Bath
1245 ft²
|
$219,000
-6.01%
06/30/2005
|
Mark T. Vadala
Vadala Real Estate
|
Building Info
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