$127,500
●
Condo -
Off Market
232 Main Street #3
Gloucester, MA 01930
3 Beds
1 Bath
1,200 Ft²
$230,479
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
It doesn't get much more "centrally located" than Main Street in
downtown Gloucester! This six room, three-bed condo, enjoying
partial harbor views with the opportunity to live above your
business is filled with possibilities! Turn of the century
charm waiting to be rediscovered and off-street parking. A
short stroll to the Commuter Rail, restaurants and shops at your
doorstep promise the opportunity for a charming home of your own,
the perfect rental, or a great flip ready to earn equity! This unit
can be packaged with unit 1- MLS# 72118922 Offers due
Thursday 9/21 at 12pm
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$121
Property Type
Condo
Property Taxes
$152
HOA Dues
$165
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: 4 years ago (MLSPIN #72227020)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2017 | Sold | ||
| Sold | |||
| Sep 12, 2017 | Listed by Compass | $145,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Level: Third
Level: Third
Level: Third
Level: Third
Level: Third
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Utility Connections for Gas Range
Flooring Type: Wood, Tile, Laminate
Laundry Features: In Unit
Rooms: 6
Basement: N
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Patio and Porch Features: Deck - Wood
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: CB
Parcel Number: 4298301
Water Source: Public
Financial Details
Tax Assessed Value: $138,000
Tax Annual Amount: $1,820
Utilities Details
Utilities: for Gas Range
Cooling Type: Window Unit(s)
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal
HOA Fee: $165
Community Features: Public Transportation, Shopping, Laundromat, T-Station, Other
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
03/08/2024
|
Loft
|
1 Bath
|
2882 ft²
|
$349,900
Loft
1 Bath
2882 ft²
|
$350,000
+0.03%
05/13/2024
|
Mark Vadala
Vadala Real Estate
| |
|
03/19/2019
|
Studio
|
-
|
2882 ft²
|
$249,900
Studio
-
2882 ft²
|
-
-
|
-
| |
|
09/12/2017
|
3 Bed
|
1 Bath
|
1200 ft²
|
$145,000
3 Bed
1 Bath
1200 ft²
|
$127,500
-12.07%
10/31/2017
|
Stephanie Walsh
Better Homes and Gardens Real Estate - The Shanahan Group
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017