260 Main St. #2
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Churchill Properties | $849,000 | |
| Listed by Churchill Properties | |||
| | |||
|
Stylish, light-filled townhouse in the eclectic East End of downtown Gloucester, moments to the exciting new music venue The Cut! Foyer with lovely custom cubby & hook system surrounded by shiplap. Main level includes a gorgeous living room with wood-wrapped gas fireplace, custom cabinetry, tray ceiling and sliders to one of three decks. The large, open concept kitchen is anchored by a center island that looks onto a spacious dining room, a precious sitting area and sliders to 174 sqft deck, perfect for lounging and grilling with views of the flower garden. 3rd floor design ensures privacy between the primary suite and the other 2 bedrooms and bath. Main bedroom is an oasis, with soaking tub, glassed shower, double sink, 2 full closets and private deck. Central A/C, hardwood throughout, and oversized 2-car tandem garage complete this home. A short stroll to many restaurants, shops, museums and cultural institutions that make Gloucester so desirable! Close to beaches, marinas, and clubs
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| Jun 12, 2019 | Sold | ||
| Sold | |||
| Nov 15, 2018 | Listed by Churchill Properties | $550,000 | |
| Listed by Churchill Properties | |||
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|
**LAST UNIT LEFT** NEW CONSTRUCTION in downtown Gloucester!! Ready for occupancy! Enjoy easy living in this stylish 1800 sqft townhouse. 3 bedrooms including a well-appointed master suite with tiled shower and separate soaking tub. Designer kitchen that is open concept to dining and informal sitting area. Thoughtful design that blends simplicity with sophistication. No yard work here. What will you do with all that extra time? Maybe enjoy a good book on one of your outside decks, or how about spending some time at one of the local beaches? This seaport town offers many activities that pair ocean with fun so find your favorites and go! You will have the convenience of a 2-car tandem garage but if you want to grab a bite to eat, enjoy a cocktail or just pick up a few things in one of the local shops, just leave your car in the garage and take advantage of the convenience this location affords. The historic downtown has plenty of local shops, boutiques and galleries, and commuter rail.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/18/2024
|
3 Bed
|
2 Bath
|
1875 ft²
|
$849,000
3 Bed
2 Bath
1875 ft²
|
$795,000
-6.36%
12/10/2024
|
Alli Allmendinger
Churchill Properties
| |
|
08/30/2021
|
3 Bed
|
3 Bath
|
1875 ft²
|
$699,000
3 Bed
3 Bath
1875 ft²
|
$776,000
+11.02%
10/20/2021
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
12/02/2020
|
3 Bed
|
3 Bath
|
1875 ft²
|
$615,000
3 Bed
3 Bath
1875 ft²
|
$600,000
-2.44%
02/19/2021
|
Scott Smith
Coldwell Banker Realty - Manchester
| |
|
11/15/2018
|
3 Bed
|
3 Bath
|
1875 ft²
|
$550,000
3 Bed
3 Bath
1875 ft²
|
$550,000
06/12/2019
|
Alli Allmendinger
Churchill Properties
| |
|
09/10/2018
|
Loft
|
1 Bath
|
-
|
$199,900
Loft
1 Bath
|
$190,000
-4.95%
02/04/2019
|
Alan Synenki
Keller Williams Realty Evolution
| |
|
09/06/2018
|
3 Bed
|
3 Bath
|
1875 ft²
|
$579,900
3 Bed
3 Bath
1875 ft²
|
$560,000
-3.43%
01/04/2019
|
Mandy Sheriff
J. Barrett & Company
| |
|
01/05/2016
| |
Loft
|
-
|
-
|
$350,000
Loft
-
|
$310,000
-11.43%
10/30/2017
|
Rosemary Quarato
RE/MAX 360
|
|
10/22/2012
| |
Loft
|
1 Bath
|
1261 ft²
|
$218,500
Loft
1 Bath
1261 ft²
|
$200,000
-8.47%
02/25/2013
|
Rosemary Quarato
RE/MAX 360
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017