$415,000
●
Condo -
Off Market
196-5 Main Street #5
Gloucester, MA 01930
2 Beds
2 Baths
1,250 Ft²
$765,113
RealtyHop Estimate
70.03%
Since Jan 1, 2007
National-US
Primary Model
About This Property
Complete and ready for your occupancy. Great unit with some
ocean views, stainless steel kitchen appliances, granite counters,
wood floors, central air, parking and storage in the basement.
Just minutes to many fine restaurants, library, harbor,
boulevard, small shops and galleries. One level living at it's
finest!
Unit Size
1,250 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$360
Property Type
Condo
Property Taxes
$296
HOA Dues
$200
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: 5 years ago (MLSPIN #70146029)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2006 | Sold | ||
| Sold | |||
| Feb 15, 2005 | Listed by J. Barrett & Company | $450,000 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Air Conditioning
Interior Details
Level: Second
Features: Flooring - Hardwood
Level: Second
Features: Flooring - Stone/Ceramic Tile
Level: Second
Features: Flooring - Hardwood
Width: 13
Length: 14
Area: 182
Features: Flooring - Hardwood, Dining Area
Level: Second
Features: Flooring - Stone/Ceramic Tile
Level: Second
Length: 22
Level: Second
Area: 308
Features: Flooring - Hardwood, Balcony / Deck
Width: 14
Features: Flooring - Hardwood
Level: Second
Length: 17
Width: 17
Area: 289
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater
Flooring Type: Wood, Tile, Carpet
Laundry Features: Second Floor
Rooms: 4
Basement: Y
Parking Details
Parking Features: Deeded
Exterior Details
Has Property Attached
Entry Level: 2
Security Features: Other
Year Built Source: Builder
Year Built Details: Approximate
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, See Remarks
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Area: 1.02
Lot Size Units: Acres
Lot Size Acres: 1.02
Zoning: CB
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 8
Tax Assessed Value: $409,900
Tax Annual Amount: $3,557
Utilities Details
Cooling Type: Central Air, Unit Control
Heating Type: Central, Forced Air, Natural Gas, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Elevator(s)
HOA Fee: $200
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Other
Complex is Completed
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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017