2 Barn Ln #2
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | In contract | - | |
| In contract | |||
| Jun 13, 2023 | Listed by Conway - Hanover | $749,000 | |
| Listed by Conway - Hanover | |||
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|
LOCATION! LOCATION! Pictures speak a thousand words!! Walk to Good Harbor Beach!! Exceptional 3 bedroom, 2.5 bath townhouse condo!! Monthly condo fee of only $200.00 per month and great neighbors! Open floor plan on the first floor with custom chef’s kitchen & center island, breakfast nook, Cherry cabinets, stainless steel appliances, granite countertops; large living area and sliders to private deck. Second level has master suite with full bath & dressing area; 2nd bedroom & full bath. Bonus 3rd floor bedroom has additional study/lounge space & private balcony with views of the Atlantic Ocean! Finished lower level is great for home office/media room with large laundry room and extra closets. Additional exterior storage unit for bikes, canoes, beach toys, etc. Close to shops, grocery stores, Route 128 and downtown Gloucester. Bonus two car garage & 2 deeded off-street parking spaces. THIS PROPERTY IS NOT IN A FLOOD ZONE!! MOTIVATED SELLER! BRING YOUR OFFER!
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| Jun 16, 2014 | Sold | ||
| Sold | |||
| Dec 7, 2013 | Listed by Holly C & Co. Fine Homes | $429,000 | |
| Listed by Holly C & Co. Fine Homes | |||
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|
Walk to Good Harbor Beach and Shopping from this Ocean View Townhome. Features 3-4 bedrooms, 2.5 baths, and Central A/C with an Open Floor Plan on the first level with Hardwood Floors and Huge Deck. Kitchen has Custom Cherry Cabinets, Stainless Steel Appliances, and Granite Counter tops. Master Suite has a Dressing Room and Master Bath. Third floor cathedral ceiling with Additional Deck lower level with Media Room and Large Two Car Garage, Must See to appreciate all it has to offer.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017