$43,000
●
Condo -
Off Market
36B Gibbs St. #14
Worcester, MA 01607
2 Beds
2 Baths
754 Ft²
$68,576
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Multiple Offer Deadline – Apr 07, 2017, 12:20:00 PM Ballard Wood
Condominium.This lower level garden style condo can be renovated to
your tastes. Good opportunity for downsizer or first time
buyer...why rent when you can own...2 bed 2 bath Garden style first
floor unit, large master bedroom with private bathroom and walk in
closet...dining area off kitchen. The Shoppes at Blackstone
Valley are just minutes away as well as commuter routes 146, 90,
and 290. This is a homepath property.
Unit Size
754 Ft²
Days on Market
-
Land Size
-
Price per sqft
$57
Property Type
Condo
Property Taxes
$110
HOA Dues
$250
Year Built
-
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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 #72138798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2017 | Sold | ||
| Sold | |||
| Mar 31, 2017 | Listed by RE/MAX Vision | $42,900 | |
| Listed by RE/MAX Vision | |||
Property Highlights
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 2
Rooms: 5
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 1
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Ballard Woods
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: 1790155
Water Source: Public
Financial Details
Tax Assessed Value: $63,800
Tax Annual Amount: $1,315
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $250
Community Features: Shopping, Highway Access, House of Worship, Public School
Pets Allowed: Unknown
Complex is Completed
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
10/08/2020
|
2 Bed
|
2 Bath
|
789 ft²
|
$149,000
2 Bed
2 Bath
789 ft²
|
$150,000
+0.67%
11/24/2020
|
Yudi Ramirez
RE/MAX Prof Associates
| |
|
10/18/2017
|
2 Bed
|
2 Bath
|
804 ft²
|
$79,000
2 Bed
2 Bath
804 ft²
|
$83,900
+6.20%
10/26/2018
|
Nancy Shaw Morley
Shaw-Morley Realty
| |
|
03/31/2017
|
2 Bed
|
2 Bath
|
754 ft²
|
$42,900
2 Bed
2 Bath
754 ft²
|
$43,000
+0.23%
07/28/2017
|
MARK CONSOLMAGNO
RE/MAX ADVANTAGE I
| |
|
02/14/2006
|
2 Bed
|
2 Bath
|
800 ft²
|
$135,000
2 Bed
2 Bath
800 ft²
|
$140,000
+3.70%
04/07/2006
|
Mary Hicks
Century 21 North East
| |
|
06/09/2005
|
2 Bed
|
2 Bath
|
801 ft²
|
$134,900
2 Bed
2 Bath
801 ft²
|
$137,000
+1.56%
07/29/2005
|
Joanne Mallozzi
Anthony Joseph Real Estate LLC
| |
|
07/19/2002
|
2 Bed
|
2 Bath
|
754 ft²
|
$94,900
2 Bed
2 Bath
754 ft²
|
$85,000
-10.43%
11/04/2002
|
Barbara Treschel
Dewolfe-Hudson
|
Building Info
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