$769,794
●
Condo -
Off Market
22A Kennedy Road #00
Gloucester, MA 01930
2 Beds
3 Baths,
1
Half Bath
2,240 Ft²
$1,052,093
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Two Story Home - New Construction! Live the maintain-free lifestyle
you have always dreamed of at the Village at Magnolia Shores.
You can own a spacious new 2 bedroom Home Energy Rated System
(HERS) home (two homes designs to chose from) featuring master
ensuite, library, loft and 2.5 bath and walk-out basement
nestled on 50 beautifully wooded acres in a charming seaside
village called Magnolia located within the city of Gloucester.
Between Manchester and Magnolia is Surf Park. Magnolia
residents are fortunate to have their own library, restaurants, and
shops. Another feature of Magnolia is its beach, Gray Beach which
is a part of Coolidge Reservation. It is rich with large historical
homes and buildings. Only 30 miles north of downtown Boston and
Logan International Airport and minutes to shopping, dining and
beaches. GPS Directions use 10 Carter Hill Road, Gloucester.
Photos do not reflect actual home. Photos are samples.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
50.00 acres
Price per sqft
$279
Property Type
Condo
Property Taxes
-
HOA Dues
$385
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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: 5 years ago (MLSPIN #71805202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2016 | Sold | ||
| Sold | |||
| Mar 21, 2015 | Listed by J. Barrett & Company | $623,900 | |
| Listed by J. Barrett & Company | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Interior Details
Level: First
Width: 10
Length: 11
Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Recessed Lighting
Area: 110
Level: First
Features: Closet, Flooring - Wall to Wall Carpet
Width: 11
Length: 15
Area: 165
Width: 13
Features: Flooring - Hardwood, Wainscoting
Length: 16
Level: First
Area: 208
Length: 14
Level: Main
Area: 196
Features: Flooring - Hardwood, Balcony / Deck, Cable Hookup, High Speed Internet Hookup
Width: 14
Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup
Level: Main
Length: 17
Width: 12
Area: 204
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar / Nook, Loft, Library
Appliances: Range, Dishwasher, Microwave, Other, Propane Water Heater, Plumbed For Ice Maker, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet, Flooring - Hardwood
Laundry Features: Flooring - Stone/Ceramic Tile, First Floor, Washer Hookup
Rooms: 8
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Builder
Year Built Details: Approximate, To Be Built
PropertySubType: Condominium
Building Name: The Village At Magnolia Shores
Structure Type: Townhouse, Half-Duplex
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Screens
Construction Materials: Frame, See Remarks
Patio and Porch Features: Porch, Deck - Composite
Lead Paint: None
Lot Size Area: 50
Lot Size Units: Acres
Lot Size Acres: 50
Zoning: R2
Water Source: Public
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Private Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Trail(s)
Association Fee Frequency: Monthly
HOA Fee: $385
Community Features: Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School
Pets Allowed: Yes w/ Restrictions
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
03/21/2015
|
2 Bed
|
3 Bath
|
2240 ft²
|
$623,900
2 Bed
3 Bath
2240 ft²
|
$769,794
+23.38%
10/14/2016
|
Christina Mackey
Coldwell Banker Realty - Shepley Hill
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017