$595,000
●
Condo -
Off Market
3 Old Nugent Farm #3
Gloucester, MA 01930
3 Beds
2 Baths,
2
Half Baths
2,854 Ft²
$1,082,721
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
Delightful well located townhouse at Old Nugent Farm in East
Gloucester. 4 finished levels facing south and tucked into the
"great field". There are 2 full baths and 2 half baths, builtin
kitchen table, extra storage, media room with surround sound,
custom shelving, pellet stove, fireplace, and a wine cellar that
holds 800 bottles. Walk to Good Harbor Beach, shops and all
services. Open House Sunday October 18 from 12 to 1:30.
Unit Size
2,854 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
Condo
Property Taxes
$573
HOA Dues
$500
Year Built
1984
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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 #71919009)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2015 | Sold | ||
| Sold | |||
| Oct 14, 2015 | Listed by J. Barrett & Company | $610,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Delightful well located townhouse at Old Nugent Farm in East Gloucester. 4 finished levels facing south and tucked into the "great field". There are 2 full baths and 2 half baths, builtin kitchen table, extra storage, media room with surround sound, custom shelving, pellet stove, fireplace, and a wine cellar that holds 800 bottles. Walk to Good Harbor Beach, shops and all services. Open House Sunday October 18 from 12 to 1:30.
| |||
| Apr 25, 2000 | Sold | ||
| Sold | |||
| Jan 6, 2000 | Listed by J. Barrett & Company | $429,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
SPECTACULAR FOUR LEVEL UNIT IN AWARD WINNING COMPLEX. OCEAN VIEWS FROM EVERY LEVEL. STEPS TO SANDY BEACH. PELLET STOVE IN SITTING ROOM. EXCELLENT CONDITION. NEW KITCHEN WITH MANY UPGRADES AND FEATURES.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Garage Door Opener, Storage, Deeded, Off Street, Guest, Driveway, Paved
Garage Spaces: 1
Interior Details
Half Bathrooms: 2
Full Bathrooms: 2
Interior Features: Recessed Lighting, Entrance Foyer, Closet, Slider, Home Office, Media Room, Wine Cellar, Walk-up Attic
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Wine Refrigerator, Range Hood
Flooring Type: Tile, Vinyl, Carpet, Hardwood
Door Features: Storm Door(s)
Laundry Features: In Basement, In Unit, Electric Dryer Hookup
Rooms: 9
Has Fireplace
Fireplace Features: Living Room, Wood / Coal / Pellet Stove
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 2854
Security Features: Security System
Year Built Source: Public Records
Year Built: 1984
Waterfront Features: Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Old Nugent Farm
Building Area Total: 2854
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Patio, Deck - Wood
Lot Size Units: Acres
Tax Lot: 3
Water Source: Public
Financial Details
Tax Map Number: 160
Tax Assessed Value: $500,100
Tax Annual Amount: $6,881
Utilities Details
Cooling Type: Central Air, Heat Pump
Heating Type: Forced Air, Heat Pump, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Road Maintenance
HOA Fee: $500
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
10/14/2015
|
3 Bed
|
4 Bath
|
2854 ft²
|
$610,000
3 Bed
4 Bath
2854 ft²
|
$595,000
-2.46%
12/09/2015
|
Cindy Morin
J. Barrett & Company
| |
|
01/06/2000
|
3 Bed
|
4 Bath
|
2854 ft²
|
$429,000
3 Bed
4 Bath
2854 ft²
|
$429,000
04/25/2000
|
Cindy Morin
J. Barrett & Company
| |
|
04/01/1994
| |
Loft
|
4 Bath
|
-
|
$245,000
Loft
4 Bath
|
$190,000
-22.45%
07/01/1994
|
Cindy Morin
J. Barrett & Company
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017