1
Map
$512,500
●
Condo -
Off Market
2 Barn Lane #1
Gloucester, MA 01930
3 Beds
2 Baths,
1
Half Bath
2,338 Ft²
$1,074,922
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model
About This Property
The original Nugent Farm homestead re-imagined for contemporary
living with 3-4 beds and 2.5 baths. Open plan main living level
with hardwood floors, beautifully finished kitchen with stainless
appliances and granite counters, and large deck with views
overlooking Nugent Farm. 2nd floor master with dressing room and
master bath. Distant ocean views from 2nd and 3rd
levels. This condominium has it all; top quality and amenities
throughout and only minutes to Good Harbor Beach!
Unit Size
2,338 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$235
Property Type
Condo
Property Taxes
-
HOA Dues
$200
Year Built
2002
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Cap Rate Calculator
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Operating Profit Per Year
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: 6 months ago (MLSPIN #70093674)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2004 | Sold | ||
| Sold | |||
| Sep 15, 2004 | Listed by Carlson GMAC Real Estate | $549,000 | |
| Listed by Carlson GMAC Real Estate | |||
| | |||
|
The original Nugent Farm homestead re-imagined for contemporary living with 3-4 beds and 2.5 baths. Open plan main living level with hardwood floors, beautifully finished kitchen with stainless appliances and granite counters, and large deck with views overlooking Nugent Farm. 2nd floor master with dressing room and master bath. Distant ocean views from 2nd and 3rd levels. This condominium has it all; top quality and amenities throughout and only minutes to Good Harbor Beach!
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Door Opener, Assigned, Off Street, Guest, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Other, Bathroom - Half, Office, Bathroom, Den
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Refrigerator, Plumbed For Ice Maker
Flooring Type: Vinyl, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
Rooms: 12
Basement: Y
Exterior Details
Square Footage: 2338
Security Features: Security System
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Beach Front, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Building Name: Nugent Farmhouse Condominiums
Building Area Total: 2338
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lot Size Area: 0.39
Lot Size Units: Acres
Lot Size Acres: 0.39
Lot Size Square Feet: 16850
Tax Lot: 38
Water Source: Public, Other, Individual Meter, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 160
Utilities Details
Cooling Type: Central Air, Unit Control
Heating Type: Central, Baseboard, Oil, Individual, Unit Control
Sewer : Public Sewer, Other, Individual Meter, Other (See Remarks)
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $200
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 |
|---|---|---|---|---|---|---|---|
|
06/13/2023
|
3 Bed
|
3 Bath
|
2338 ft²
|
$799,000
3 Bed
3 Bath
2338 ft²
|
$725,000
-9.26%
07/31/2023
|
Linda Glennon
Jack Conway - Conway On The Bay
| |
|
05/22/2020
| |
3 Bed
|
3 Bath
|
2338 ft²
|
$649,900
3 Bed
3 Bath
2338 ft²
|
$639,000
-1.68%
09/30/2020
|
Michelle Mineo
Coldwell Banker Realty - Beverly
|
|
12/07/2013
|
3 Bed
|
3 Bath
|
2338 ft²
|
$429,000
3 Bed
3 Bath
2338 ft²
|
$408,000
-4.90%
06/16/2014
|
SeaSide Sellers Team
Holly C & Co. Fine Homes
| |
|
10/16/2010
|
3 Bed
|
2 Bath
|
2338 ft²
|
$458,900
3 Bed
2 Bath
2338 ft²
|
-
-
|
SeaSide Sellers Team
Holly C & Co. Fine Homes
| |
|
09/15/2004
|
3 Bed
|
3 Bath
|
2338 ft²
|
$549,000
3 Bed
3 Bath
2338 ft²
|
$512,500
-6.65%
11/30/2004
|
Team Member
Insight Realty Group, Inc.
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017