$383,000
●
House -
Off Market
28 Marina Drive
Gloucester, MA 01930
3 Beds
2 Baths
1,680 Ft²
$734,555
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model
About This Property
Imagine living around the corner from Good Harbor Beach - the best
beach in the world. This home started out as a small, one level
dwelling and the current owners put a second floor on it in 2002
expanding it to three bedrooms and two full baths. The second floor
bath has a jacuzzi tub and shower and also houses the washer and
dryer. Lots of windows for great light, oak floors throughout
and an open living area suitable for today's busy lifestyles. 23
foot deck off the kitchen has a hot tub and plenty of space for
family dinners and parties. The Bose surround sound system will
stay with the house - a bonus for sporting broadcasts, concerts and
movies. The detached one car garage has power and makes for a
spacious workshop, or can actually be a space for a vehicle.
Attractive, immaculate, well planned space, updated utilities and
an East Gloucester location - if you have been hesitating to buy
waiting for just the right one - this is it.
Unit Size
1,680 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$225
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1957
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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: 5 months ago (MLSPIN #71610354)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2014 | Sold | ||
| Sold | |||
| Nov 20, 2013 | Listed by Coldwell Banker Realty - Lexington | $378,000 | |
| Listed by Coldwell Banker Realty - Lexington | |||
| | |||
|
Imagine living around the corner from Good Harbor Beach - the best beach in the world. This home started out as a small, one level dwelling and the current owners put a second floor on it in 2002 expanding it to three bedrooms and two full baths. The second floor bath has a jacuzzi tub and shower and also houses the washer and dryer. Lots of windows for great light, oak floors throughout and an open living area suitable for today's busy lifestyles. 23 foot deck off the kitchen has a hot tub and plenty of space for family dinners and parties. The Bose surround sound system will stay with the house - a bonus for sporting broadcasts, concerts and movies. The detached one car garage has power and makes for a spacious workshop, or can actually be a space for a vehicle. Attractive, immaculate, well planned space, updated utilities and an East Gloucester location - if you have been hesitating to buy waiting for just the right one - this is it.
| |||
| Oct 31, 1997 | Sold | ||
| Sold | |||
| Oct 2, 1997 | Listed by Century 21 N. Shore By The Sea | $129,900 | |
| Listed by Century 21 N. Shore By The Sea | |||
| | |||
|
TWO BEDROOM CAPE IN EAST GLOUCESTER WITH WALK UP EXPANDABLE ATTIC. GOOD HARBOR BEACH NEARBY. ONE CAR GARAGE. HARDWOOD FLOORS.
| |||
Property Highlights
Garage
Parking Available
Building Info
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