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$140,000
● Condo - Off Market

33 Railroad #207

Gloucester, MA
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,204 Ft²
$420,438
RealtyHop Estimate
110.32%
Since Jun 1, 2010
National-US
Primary Model

About This Property

Beautifully constructed Station Place Condominiums in the heart of Historic Gloucester. Come see these spacious, thoughtfully built condos, steps to the train station. Unit #207 boasts 2BR, 2BA open kitchen/LR. Cathedral ceilings, windows galore, walk-in closets, Central AC, Parking, full service elevator, sprinkler system, balcony and climate controlled 110 sqft storage unit in basement.
Unit Size
1,204 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
Condo
Property Taxes
$239
HOA Dues
$204
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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%.

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 years ago (MLSPIN #70990174)

Price History

Date / Event Date Event Price
May 12, 2010 Sold
Premium
Sold
Oct 16, 2009 Listed by J. Barrett & Company $199,900
Listed by J. Barrett & Company

Property Highlights

Air Conditioning
Parking Available
Interior Details
Level: Second
Level: Third
Level: Third
Features: Bathroom - Full
Features: Bathroom - Full
Level: Third
Level: Second
Level: Third
Features: Skylight
Level: Second
Full Bathrooms: 2
Interior Features: Office
Rooms: 5
Basement: Y
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 2
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Station Place Condo Trust
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Skylight(s)
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 4544805
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $298,200
Tax Annual Amount: $2,865
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Storage
HOA Fee: $204
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat
Pets Allowed: Yes w/ Restrictions
Management: Owner Association

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 70990174
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