$295,000
●
Condo -
Off Market
3 Proctor St #3
Gloucester, MA 01930
3 Beds
1 Bath
1,436 Ft²
$477,487
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Downtown Gem! Updated 3 Bedroom condominium with classic colonial
details & flexible floor plan. Third floor unit opens into a
dramatic foyer with stunning Hardwood floors leading to a sun
filled living room with Berber carpet & decorative mantle. Eat in
Kitchen features stainless, steel appliances, crisp white cabinets
& large island. Walk in closet with laundry abuts spacious master
bedroom. Full bathroom boasts wainscoting & claw foot tub. Chose
how you use the remaining two rooms; bedrooms, dining, office,
studio! Recently painted exterior, TWO off street parking spaces.
Walk to train and just steps to main street, waterfront and
boulevard. Walk score 93!!
Unit Size
1,436 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
Condo
Property Taxes
$220
HOA Dues
$200
Year Built
1900
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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 years ago (MLSPIN #72308888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2018 | Sold | ||
| Sold | |||
| Apr 10, 2018 | Listed by RE/MAX 360 | $315,000 | |
| Listed by RE/MAX 360 | |||
| Jul 15, 2015 | Sold | ||
| Sold | |||
| May 26, 2015 | Listed by Holly C & Co. Fine Homes | $189,900 | |
| Listed by Holly C & Co. Fine Homes | |||
| | |||
|
SPACIOUS AND LOVELY! This top-floor unit features the best of old and new. Converted and renovated in 2004, this unit boasts a modern kitchen with Stainless Steel appliances & Center island, gleaming hardwood floors, new Berber carpets, decorative mantels & Bullseye moldings, claw foot tub & wainscoting. Flexible, open concept living can accommodate up to 3 bedrooms or have 2 bedrooms and a bonus room! Decorator colors. Freshly painted exterior, new roof in 2008. Vinyl replacement windows. Pet-friendly building! Laundry in the unit and ample storage! Parking for 2 cars off-street! Enjoy the shops and restaurants of Gloucester's downtown! Stacey Boulevard and Main Street are nearby!
| |||
| May 26, 2004 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Third
Features: Flooring - Vinyl, Kitchen Island, Open Floorplan, Remodeled
Level: Third
Features: Closet - Linen, Flooring - Hardwood
Features: Closet - Linen, Flooring - Wood
Level: Third
Features: Flooring - Hardwood, Open Floorplan
Level: Third
Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
Level: Third
Features: Closet - Linen, Walk-In Closet(s), Flooring - Hardwood
Level: Third
Level: Third
Features: Flooring - Wall to Wall Carpet, Cable Hookup
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator, Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
Flooring Type: Wood, Vinyl
Laundry Features: Third Floor, In Unit, Washer Hookup
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street, Deeded, Paved
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Approximate, Renovated Since, Unknown/Mixed
PropertySubType: Condominium
Structure Type: 2/3 Family
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame, Brick, Stone
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R-5
Parcel Number: M:0015 B:0008 L:0003, 4438375
Water Source: Public
Financial Details
Tax Assessed Value: $204,500
Tax Annual Amount: $2,644
Utilities Details
Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
Association Fee Frequency: Monthly
HOA Fee: $200
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
04/10/2018
|
3 Bed
|
1 Bath
|
1436 ft²
|
$315,000
3 Bed
1 Bath
1436 ft²
|
$295,000
-6.35%
06/05/2018
|
Ruth Pino
RE/MAX 360
| |
|
05/26/2015
|
3 Bed
|
1 Bath
|
1436 ft²
|
$189,900
3 Bed
1 Bath
1436 ft²
|
$189,900
07/15/2015
|
Mark Vadala
Vadala Real Estate
| |
|
03/28/2012
|
2 Bed
|
1 Bath
|
1241 ft²
|
$109,900
2 Bed
1 Bath
1241 ft²
|
$90,000
-18.11%
01/08/2013
|
Sara Lovegreen
Holly C & Co. Fine Homes
| |
|
03/31/2004
|
2 Bed
|
1 Bath
|
1241 ft²
|
$237,900
2 Bed
1 Bath
1241 ft²
|
$237,900
05/28/2004
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
03/31/2004
|
2 Bed
|
1 Bath
|
1241 ft²
|
$237,900
2 Bed
1 Bath
1241 ft²
|
$243,000
+2.14%
05/28/2004
|
Scott Winder
Re/max Gallery
| |
|
03/31/2004
|
3 Bed
|
1 Bath
|
1436 ft²
|
$244,900
3 Bed
1 Bath
1436 ft²
|
$242,900
-0.82%
05/26/2004
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
06/04/2003
| |
7 Bed
|
-
|
4212 ft²
|
$445,000
7 Bed
-
4212 ft²
|
$420,000
-5.62%
12/05/2003
|
Linda Boshart
RE/MAX Real Estate Specialists
|
Building Info
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