$332,000
●
Condo -
Off Market
196 Main St #3
Gloucester, MA 01930
2 Beds
2 Baths
1,271 Ft²
$673,254
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model
About This Property
The Residences at Seaport is downtown living at it's finest.This
single level unit with elevator access is move in ready!
There is off street parking, and extra storage available.
Walk to all that in town living in Gloucester has to offer.
Unit Size
1,271 Ft²
Days on Market
-
Land Size
-
Price per sqft
$267
Property Type
Condo
Property Taxes
$307
HOA Dues
$358
Year Built
-
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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: 5 years ago (MLSPIN #71504223)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2013 | Sold | ||
| Sold | |||
| Apr 5, 2013 | Listed by Pinnacle Fine Homes & Investments | $339,000 | |
| Listed by Pinnacle Fine Homes & Investments | |||
| Dec 5, 2008 | Sold | ||
| Sold | |||
| Dec 19, 2007 | Listed by Coldwell Banker Realty - Gloucester | $355,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
| | |||
|
Ready to move in, The Residences at Seaport, Downtown living at its finest in this single level unit with elevator access., New construction, large sunny rooms, S.S. appliances, granite countertops maple cabinets. parking and storage, walk to all that beautiful downtown Gloucester has to offer. Only 3 units left.
| |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: First
Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Hardwood
Level: First
Features: Flooring - Wall to Wall Carpet, French Doors
Level: First
Level: First
Features: Flooring - Hardwood, French Doors
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Electric Water Heater, Tank Water Heater, Plumbed For Ice Maker, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: First Floor, In Unit
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: The Residences At Seaport
Structure Type: Mid-Rise
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Brick
Lead Paint: None
Lot Size Units: Acres
Zoning: CB
Parcel Number: M:0008 B:0070 L:0003, 4638563
Water Source: Public, Individual Meter
Financial Details
Tax Map Number: 8
Tax Assessed Value: $288,700
Tax Annual Amount: $3,681
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Icemaker Connection
Cooling Type: Central Air, Individual
Heating Type: Forced Air, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal, Trash
HOA/Condo/Coop Amenities: Elevator(s), Storage
Association Fee Frequency: Monthly
HOA Fee: $358
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
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 |
|---|---|---|---|---|---|---|---|
|
08/31/2017
|
1 Bed
|
2 Bath
|
1210 ft²
|
$395,000
1 Bed
2 Bath
1210 ft²
|
$405,000
+2.53%
12/04/2017
|
Michele Allison-Elwell
Churchill Properties
| |
|
12/16/2015
|
2 Bed
|
2 Bath
|
1423 ft²
|
$409,000
2 Bed
2 Bath
1423 ft²
|
$99,500
-75.67%
01/25/2016
|
Ann Rick Gloucester Group
J. Barrett & Company
| |
|
10/30/2014
|
Loft
|
-
|
2400 ft²
|
$465,000
Loft
-
2400 ft²
|
$465,000
08/11/2015
|
Mark Vadala
Vadala Real Estate
| |
|
10/30/2014
|
Loft
|
-
|
600 ft²
|
$149,900
Loft
-
600 ft²
|
$124,000
-17.28%
08/11/2015
|
Mark Vadala
Vadala Real Estate
| |
|
04/05/2013
|
2 Bed
|
2 Bath
|
1271 ft²
|
$339,000
2 Bed
2 Bath
1271 ft²
|
$332,000
-2.06%
05/01/2013
|
George Kauss
Coldwell Banker Realty - Gloucester
| |
|
12/19/2007
|
2 Bed
|
2 Bath
|
1271 ft²
|
$355,000
2 Bed
2 Bath
1271 ft²
|
$320,000
-9.86%
12/05/2008
|
George Kauss
Coldwell Banker Realty - Gloucester
| |
|
02/15/2005
|
2 Bed
|
2 Bath
|
1250 ft²
|
$450,000
2 Bed
2 Bath
1250 ft²
|
$415,000
-7.78%
12/11/2006
|
Ann, Rick & Chris Gloucester Group
J. Barrett & Company
| |
|
01/29/2005
|
2 Bed
|
2 Bath
|
1206 ft²
|
$425,000
2 Bed
2 Bath
1206 ft²
|
$425,000
08/28/2007
|
Shelley Vincent
Holly C & Co. Fine Homes
| |
|
05/25/2004
|
2 Bed
|
2 Bath
|
1400 ft²
|
$449,000
2 Bed
2 Bath
1400 ft²
|
$407,500
-9.24%
05/10/2007
|
Ann Rick Gloucester Group
J. Barrett & Company
| |
|
05/25/2004
|
2 Bed
|
2 Bath
|
1210 ft²
|
$399,000
2 Bed
2 Bath
1210 ft²
|
$375,000
-6.02%
09/11/2006
|
Ann Rick Gloucester Group
J. Barrett & Company
|
Building Info
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