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31 Chestnut Street #3
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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Keller Williams Realty Evolution | $269,900 | |
| Listed by Keller Williams Realty Evolution | |||
| | |||
|
Location, Location, Location…Rare four bedroom condo in downtown Gloucester. Harbor water views from upper private deck. Sunny, pretty, practical and fun. Enjoy all that the Gloucester lifestyle has to offer. Walking distance to the harbor with it’s lively downtown, complete with an exciting array of restaurant and shopping options. Vibrant historic seaside community. Beaches nearby with passes available for residents. Easy commute to Boston for work or play via commuter rail or just hop on the highway. Spacious kitchen, generous cabinet space complete with stainless steel appliances with convenient in-unit washer and dryer! Four bedroom unit with plenty of closets, bedrooms for the kids and still plenty of space for an at home office. Ample off-street parking, private attic storage and additional shared space in the basement. Two Pets allowed.
| |||
| May 15, 2017 | Sold | ||
| Sold | |||
| Mar 7, 2017 | Listed by Lyv Realty | $174,900 | |
| Listed by Lyv Realty | |||
| | |||
|
GORGEOUS Harbor Views!! Beautifully Maintained Condo in Desirable Gloucester Location! Pergo floors throughout! Large eat in kitchen offers stainless steel appliances, new disposal & sink fixtures and plenty of cabinet/countertop space. Sun filled living room features sliders out to your private deck with ocean views.Spacious master bedroom along with 3 additional bedrooms all provide ample closet space. Convenient, in-unit laundry and exclusive attic access! Enjoy summer nights out on the deck with amazing views of the Gloucester Harbor! Plenty of off street parking available. Short walk to shops, beaches, restaurants & commuter rail. Don’t let this be the one that got away! This is a Must See!
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| Jun 1, 2012 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/08/2021
|
4 Bed
|
1 Bath
|
1201 ft²
|
$269,900
4 Bed
1 Bath
1201 ft²
|
$270,000
+0.04%
08/31/2021
|
Paula Viera
Keller Williams Realty Evolution
| |
|
03/07/2017
|
4 Bed
|
1 Bath
|
1201 ft²
|
$174,900
4 Bed
1 Bath
1201 ft²
|
$180,000
+2.92%
05/15/2017
|
Listing Group
Lamacchia Realty, Inc.
| |
|
01/13/2012
|
4 Bed
|
1 Bath
|
1201 ft²
|
$169,900
4 Bed
1 Bath
1201 ft²
|
$159,700
-6.00%
06/01/2012
|
Deborah Terlik
Keller Williams Realty Evolution
| |
|
01/20/2011
|
4 Bed
|
1 Bath
|
1201 ft²
|
$179,900
4 Bed
1 Bath
1201 ft²
|
-
-
|
Karin Gitto
Bancroft Realty Group
| |
|
05/24/2010
|
4 Bed
|
1 Bath
|
1201 ft²
|
$149,900
4 Bed
1 Bath
1201 ft²
|
$152,300
+1.60%
07/30/2010
|
Kristal Pooler
Churchill Properties
| |
|
07/24/2008
|
4 Bed
|
1 Bath
|
1201 ft²
|
$149,900
4 Bed
1 Bath
1201 ft²
|
$142,000
-5.27%
09/29/2008
|
Mindy Reichman
Tache Real Estate, Inc.
| |
|
06/02/2005
|
3 Bed
|
1 Bath
|
1154 ft²
|
$234,900
3 Bed
1 Bath
1154 ft²
|
$225,000
-4.21%
10/14/2005
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
06/02/2005
|
2 Bed
|
1 Bath
|
844 ft²
|
$165,900
2 Bed
1 Bath
844 ft²
|
$167,400
+0.90%
09/01/2005
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
06/02/2005
|
3 Bed
|
1 Bath
|
1201 ft²
|
$241,900
3 Bed
1 Bath
1201 ft²
|
$232,000
-4.09%
10/28/2005
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
06/02/2005
|
1 Bed
|
1 Bath
|
1172 ft²
|
$235,900
1 Bed
1 Bath
1172 ft²
|
$236,000
+0.04%
09/01/2005
|
Linda Boshart
RE/MAX Real Estate Specialists
| |
|
10/07/2004
| |
12 Bed
|
4 Bath
|
4000 ft²
|
$529,000
12 Bed
4 Bath
4000 ft²
|
$480,000
-9.26%
03/01/2005
|
Linda Boshart
RE/MAX Real Estate Specialists
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017