18 Mondello Sq #1
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | In contract | - | |
| In contract | |||
| Jul 5, 2023 | Listed by Gibson Sotheby's International Realty | $529,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Welcome to your new home in East Gloucester! This 2003 built townhome is ideally situated on a quiet road, offering ample off-street parking for up to 4 vehicles. The open concept design features a spacious kitchen with updated quartzite countertops, freshly finished cabinets and a large living room. The convenient half bathroom with laundry facilities complete the first floor. Upstairs, you'll find three bedrooms with hardwood flooring and high ceilings along with a full bathroom. The basement provides storage space or the opportunity to customize. The home boasts a new roof (2020) and central air for comfort during the summer months. Outside, enjoy the low maintenance composite deck for grilling or take a short stroll to Good Harbor Beach. Move in to your new home today and enjoy all that Gloucester has to offer! Offers will be due Tuesday, July 11th by 11am.
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| Oct 1, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by Gibson Sotheby's International Realty | $399,900 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
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Beautiful townhouse just a short distance to Good Harbor Beach and all of the restaurants of downtown Gloucester. Nicely situated on a dead-end street with a private driveway for 2+ vehicles! This unit has a bright open concept with a spacious eat-in kitchen, living room, and 1/2 bath with laundry on the first level. The high ceiling staircase leads you to the second level where you will find 3 spacious bedrooms and 1 full bath. Bamboo hardwood flooring is through out the 1st floor and wood flooring continues on the 2nd level. The unfinished basement is awaiting your design and is vented for heat & central air. A new roof and central air complete this maintenance free condo! A private outdoor exclusive yard area and deck is perfect for entertaining. The location of this townhouse allows you time to enjoy all of Gloucester's destinations! Showings begin Sat. 8/15. No open houses/Weekend showings by confirmed appointment only Sat. 8/15 & Sun. 8/16 11am - 4pm. See showings instructions.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/05/2023
|
3 Bed
|
1 Bath
|
1414 ft²
|
$529,000
3 Bed
1 Bath
1414 ft²
|
$529,000
09/15/2023
|
McDermott Group
Gibson Sotheby's International Realty
| |
|
08/09/2020
|
3 Bed
|
1 Bath
|
1414 ft²
|
$399,900
3 Bed
1 Bath
1414 ft²
|
$409,000
+2.28%
10/01/2020
|
Jennifer Sullivan
eXp Realty
| |
|
08/10/2017
|
3 Bed
|
1 Bath
|
1414 ft²
|
$379,000
3 Bed
1 Bath
1414 ft²
|
$369,000
-2.64%
12/28/2017
|
Amanda Armstrong
Engel & Volkers By The Sea
| |
|
06/05/2007
|
3 Bed
|
1 Bath
|
1414 ft²
|
$389,000
3 Bed
1 Bath
1414 ft²
|
$379,000
-2.57%
08/16/2007
|
Realty by the Sea
Realty By The Sea Team, LLC
| |
|
01/02/2003
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Loft
|
-
|
2000 ft²
|
$189,000
Loft
-
2000 ft²
|
$130,000
-31.22%
06/12/2003
|
Peter Olson
Hottel Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017