$725,000
●
Condo -
Off Market
2 Barn #2
Gloucester, MA 01930
3 Beds
2 Baths,
1
Half Bath
2,338 Ft²
$746,956
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
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!
Unit Size
2,338 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$320
Property Type
Condo
Property Taxes
$604
HOA Dues
$200
Year Built
2002
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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 #73123915)
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 | |||
| Jun 16, 2014 | Sold | ||
| Sold | |||
| Dec 7, 2013 | Listed by Holly C & Co. Fine Homes | $429,000 | |
| Listed by Holly C & Co. Fine Homes | |||
| | |||
|
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
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener, Deeded, Off Street, Under
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Flooring Type: Carpet, Hardwood
Laundry Features: In Basement, Electric Dryer Hookup
Rooms: 8
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2338
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Nugent Farmhouse Condominium
Building Area Total: 2338
Building Area Units: Square Feet
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
Water Source: Public
Financial Details
Tax Assessed Value: $679,000
Tax Annual Amount: $7,252
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, 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
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017