$369,000
●
Condo -
Off Market
18 Mondello Square #2
Gloucester, MA 01930
3 Beds
1 Bath,
1
Half Bath
1,414 Ft²
$600,397
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
Perfectly appointed townhouse in near perfect condition offering
three bedrooms one full and one half bath, upgraded kitchen and
bath and full basement with room to expand. Large deck off
main living room invites outdoor entertaining three seasons of the
year and all in very close proximity to Good Harbor beach, area
shopping and local transportation. Very private setting at
the end of the street looking out onto green field beautifully
landscaped and yet in downtown Gloucester where all area amenities
are within a short commute of major routes.
Unit Size
1,414 Ft²
Days on Market
-
Land Size
-
Price per sqft
$268
Property Type
Condo
Property Taxes
$348
HOA Dues
-
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 #72212122)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2017 | Sold | ||
| Sold | |||
| Aug 10, 2017 | Listed by By The Sea Sotheby's International Realty | $379,000 | |
| Listed by By The Sea Sotheby's International Realty | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Wood, Tile, Carpet
Door Features: Insulated Doors
Laundry Features: Electric Dryer Hookup, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, First Floor
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1414
Year Built Source: Owner
Year Built: 2003
Waterfront Features: Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Mondello Square Condominiums
Building Area Total: 1414
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck - Wood
Lot Size Units: Acres
Tax Lot: 2
Water Source: Public
Financial Details
Tax Map Number: 54
Tax Assessed Value: $316,800
Tax Annual Amount: $4,178
Utilities Details
Cooling Type: Central Air, None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
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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