35 Middle St #4
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.
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$399,000
↓ $70K
(14.9%) | |
| Price Decreased | |||
| Mar 15, 2026 | Listed by Coldwell Banker Realty - Manchester | $469,000 | |
| Listed by Coldwell Banker Realty - Manchester | |||
| |||
|
Significant Price Adjustment! Prime downtown Gloucester location! This 2-bedroom condo with ocean views blends historic charm with modern convenience. Immortalized by renowned American artist Edward Hopper, this former sea captain’s house was built in 1920 and thoughtfully converted to condominiums in 1991. The Georgian-style building features classic architectural details, high ceilings, and timeless character. The unit offers approximately 1,181 sq ft of open-concept living space with two spacious bedrooms, one full bath, and one half bath. The second level features a modern kitchen and comfortable living area-ideal for relaxing or entertaining. Enjoy two off-street parking spaces and access to a shared rooftop deck with breathtaking water views. Located on a quiet one-way street just moments from Gloucester’s restaurants, beaches, harbor, and vibrant downtown. A rare opportunity to own a piece of Gloucester’s maritime history with income-generating potential. A must sea!
| |||
| Mar 2, 2026 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/25/2025
|
2 Bed
|
1 Bath
|
1181 ft²
|
$499,000
2 Bed
1 Bath
1181 ft²
|
-
-
|
Brian Rothe
Coldwell Banker Realty - Manchester
| |
|
11/16/2021
|
2 Bed
|
2 Bath
|
1181 ft²
|
$289,000
2 Bed
2 Bath
1181 ft²
|
$294,000
+1.73%
02/01/2022
|
Kathleen McHugh
Churchill Properties
| |
|
08/27/2020
|
2 Bed
|
2 Bath
|
1199 ft²
|
$335,000
2 Bed
2 Bath
1199 ft²
|
$335,000
10/01/2020
|
Teresa Troisi
Core Real Estate
| |
|
07/27/2017
|
2 Bed
|
2 Bath
|
1199 ft²
|
$284,500
2 Bed
2 Bath
1199 ft²
|
$280,000
-1.58%
11/29/2017
|
Alli Allmendinger
Churchill Properties
| |
|
09/28/2010
|
2 Bed
|
1 Bath
|
1199 ft²
|
$199,000
2 Bed
1 Bath
1199 ft²
|
-
-
|
Ann Rick Gloucester Group
J. Barrett & Company
| |
|
06/24/2003
|
2 Bed
|
2 Bath
|
1181 ft²
|
$249,900
2 Bed
2 Bath
1181 ft²
|
$242,500
-2.96%
09/25/2003
|
Charlotte Dion
RE/MAX Innovations
| |
|
04/10/2003
|
3 Bed
|
2 Bath
|
1199 ft²
|
$249,900
3 Bed
2 Bath
1199 ft²
|
$240,000
-3.96%
06/30/2003
|
Peter Lane
Century 21 N. Shore By The Sea
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017