$317,500
●
Condo -
Off Market
26 Cherry St #B
Gloucester, MA 01930
2 Beds
2 Baths
1,600 Ft²
$493,476
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
FANTASTIC PRICE! Come home to this delightful, sunny
townhouse with peaks of the river and so much more! Fresh
paint, new carpet, new appliances, central air, gas heat and hot
water, in-unit laundry, family room plus bonus room and off street
parking all compliment this great buy! The kitchen and master
bedroom each have a deck overlooking the yard and river. The
lower level has french doors and is walk out to the yard and
parking. You will find all of this in a desirable location
near the Annisquam River. Complete the Homepath Ready Buyer
Homeownership course on seller's site ( see Firm remarks) Attach
certificate to offer and request up to 3% closing cost assistance.
Check seller's site and the attached flyer for more details.
Seller request all offers be submitted at their on-line site,
see Firm Remarks. This is Fannie Mae Homepath Property
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
Condo
Property Taxes
$331
HOA Dues
-
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: 6 months ago (MLSPIN #72378290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Aug 13, 2018 | Listed by Vadala Real Estate | $329,900 | |
| Listed by Vadala Real Estate | |||
| | |||
|
FANTASTIC PRICE! Come home to this delightful, sunny townhouse with peaks of the river and so much more! Fresh paint, new carpet, new appliances, central air, gas heat and hot water, in-unit laundry, family room plus bonus room and off street parking all compliment this great buy! The kitchen and master bedroom each have a deck overlooking the yard and river. The lower level has french doors and is walk out to the yard and parking. You will find all of this in a desirable location near the Annisquam River. Complete the Homepath Ready Buyer Homeownership course on seller's site ( see Firm remarks) Attach certificate to offer and request up to 3% closing cost assistance. Check seller's site and the attached flyer for more details. Seller request all offers be submitted at their on-line site, see Firm Remarks. This is Fannie Mae Homepath Property
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 2
Interior Features: Bonus Room
Appliances: Range, Dishwasher, Microwave
Flooring Type: Wood, Carpet
Laundry Features: In Unit, Second Floor
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1600
Year Built Source: Public Records
Year Built: 2003
Building Area Total: 1600
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $307,600
Tax Annual Amount: $3,977
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
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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