1
Map
$305,000
●
Condo -
Off Market
26 Cherry Street #A
Gloucester, MA 01930
2 Beds
1 Bath,
1
Half Bath
1,700 Ft²
$622,702
RealtyHop Estimate
100.29%
Since Sep 1, 2004
National-US
Primary Model
About This Property
Townhouse. New. Bright. Two Bedrooms. Large kitchen and
dining area. Convenient location, close to schools.
Enjoy private decks, walk-out basement, yard and parking.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$183
Property Type
Condo
Property Taxes
-
HOA Dues
$125
Year Built
-
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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 #70037519)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by North Shore's Gold Coast Realty | $314,900 | |
| Listed by North Shore's Gold Coast Realty | |||
| | |||
|
Duplex style condo built in 2003. Wood laminate flooring throughout. Stainless steel appliances. Entire interior of unit was just painted. 1,600sf of living area with large rooms. The first floor has a large open living room, as well as a spacious kitchen and dining area, both of which lead out to the deck. The second floor has two large bedrooms and a full bath. There is also 800sf in the unfinished walkout basement providing great storage, or the possibility of creating more living area. West-facing deck and balcony provide nice sunsets and partial views of Mill Pond. Close to O'Maley Innovation Middle School. Great highway access. Spectacular dollar value at under $200/sf for a move-in ready townhouse condominium in excellent condition.
| |||
| Feb 15, 2017 | Sold | ||
| Sold | |||
| Oct 10, 2014 | Sold | ||
| Sold | |||
| May 20, 2014 | Listed by Vadala Real Estate | $269,000 | |
| Listed by Vadala Real Estate | |||
| | |||
|
This duplex style condo built in 2003 offers more space than most for the price with 1,600sf of living area and large spacious rooms. The first floor has a large open living area as well as a kitchen dining area that leads out to a deck, and a half bath with laundry. The second floor has two large bedrooms and a full bath. The oversized bedrooms provide the possibility of making a third bedroom. There is also 800sf in the unfinished walkout basement providing the possibility of adding more living area and the west facing decks and balcony provide nice sunsets and views of the mill pond.
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Property Highlights
Parking Available
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave
Flooring Type: Wood, Tile, Carpet
Door Features: Insulated Doors
Rooms: 4
Basement: Y
Exterior Details
Square Footage: 1700
Square Footage Source: $0
Year Built Source: Owner
Year Built: 2003
Building Name: Millside Condominiums
Building Area Total: 1700
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Area: 0.26
Lot Size Units: Acres
Lot Size Acres: 0.26
Lot Size Square Feet: 11514
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 105
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure
HOA Fee: $125
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 |
|---|---|---|---|---|---|---|---|
|
06/19/2019
|
2 Bed
|
1 Bath
|
1600 ft²
|
$314,900
2 Bed
1 Bath
1600 ft²
|
$325,000
+3.21%
07/31/2019
|
Pierre C. Rumpf
PCR Realty
| |
|
08/13/2018
|
2 Bed
|
2 Bath
|
1600 ft²
|
$329,900
2 Bed
2 Bath
1600 ft²
|
$317,500
-3.76%
03/25/2019
|
Mark Ventimiglia
Vadala Real Estate
| |
|
05/20/2014
|
2 Bed
|
2 Bath
|
1600 ft²
|
$269,000
2 Bed
2 Bath
1600 ft²
|
$250,000
-7.06%
10/10/2014
|
Mark Ventimiglia
Vadala Real Estate
| |
|
05/18/2004
|
2 Bed
|
2 Bath
|
1700 ft²
|
$310,900
2 Bed
2 Bath
1700 ft²
|
$305,000
-1.90%
08/27/2004
|
Gregg Cademartori
Weichert Realtors
| |
|
06/26/2003
| |
3 Bed
|
-
|
1559 ft²
|
$269,000
3 Bed
-
1559 ft²
|
$269,000
10/31/2003
|
Charlotte Dion
RE/MAX Innovations
|
|
05/31/2001
| |
Loft
|
-
|
-
|
$159,900
Loft
-
|
$140,000
-12.45%
09/27/2001
|
Denise Vadala
Vadala Real Estate
|
Building Info
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