$409,000
●
Condo -
Off Market
18 Mondello Square #1
Gloucester, MA 01930
3 Beds
1 Bath,
1
Half Bath
1,414 Ft²
$534,743
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
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.
Unit Size
1,414 Ft²
Days on Market
-
Land Size
-
Price per sqft
$283
Property Type
Condo
Property Taxes
$394
HOA Dues
$125
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 months ago (MLSPIN #72706831)
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 | |||
| | |||
|
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.
| |||
| Oct 1, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by eXp Realty | $399,900 | |
| Listed by eXp Realty | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Off Street, Deeded, Paved
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Flooring Type: Wood, Tile, Bamboo
Laundry Features: In Unit, Electric Dryer Hookup, First Floor
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1414
Year Built Source: Public Records
Year Built: 2003
Waterfront Features: Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Building Name: Modello Square Condominiums
Building Area Total: 1414
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Composite
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $383,300
Tax Annual Amount: $4,726
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Reserve Funds
HOA Fee: $125
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
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
| |
Loft
|
-
|
2000 ft²
|
$189,000
Loft
-
2000 ft²
|
$130,000
-31.22%
06/12/2003
|
Peter Olson
Hottel Real Estate
|
Building Info
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