$109,750
●
Condo -
Off Market
37 Harrison Ave #2
Gloucester, MA 01930
2 Beds
1 Bath
711 Ft²
$194,063
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
Terrific price reduction, this is a steal! Great location and
good opportunity.. This colonial style condo building is situated
on a corner lot. Second floor condo features 4 rooms, 2
bedrooms and has storage area in the basement. As is Transaction.
Cu
Unit Size
711 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
Condo
Property Taxes
$172
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 months ago (MLSPIN #71992190)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by J. Barrett & Company | $279,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
You will love this East Gloucester location, near the new elementary school (2023 )in the previous Veterans's Elementary School location, shopping, beaches, Rt 128, the new YMCA and the move in condition, the high ceilings, the eat in size kitchen with quartz counters and SS appliances, the light, the yard, of this 2 bedroom Condo.There's a lovely patio in the common area and a shed for sharing. Off street parking on the paved drive. Exclusive storage unit in the basement with included washer and dryer. Condo fee is $300 per month. All separate utilities Seasonal peeks of the water. First showings at open house Saturday August 6th 10:00-12:00
| |||
| Jan 29, 2019 | Sold | ||
| Sold | |||
| Dec 8, 2018 | Listed by Vadala Real Estate | $245,000 | |
| Listed by Vadala Real Estate | |||
| | |||
|
Affordable 2 bedroom, 1 bath condo featuring an open concept kitchen area with shaker cabinets, flawless stainless steel appliances, and sparkling quartz countertops. A spacious living room boasts a large bay window glistening with natural rays of sunshine. 2 equally-sized bedrooms feature a large walk in closet with closet system. Other highlights include new flooring and fresh paint and many new fixtures! Condo is conveniently located on a dead end street with distant ocean views. Close proximity to 128, Good Harbor beach, public transportation, and restaurants.
| |||
| Aug 4, 2016 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Elevator
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Range
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 711
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Building Area Total: 711
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $151,000
Tax Annual Amount: $2,061
Utilities Details
Cooling Type: None
Heating Type: Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance
HOA Fee: $250
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
08/03/2022
|
2 Bed
|
1 Bath
|
711 ft²
|
$279,000
2 Bed
1 Bath
711 ft²
|
$285,000
+2.15%
08/31/2022
|
Ida Doane
J. Barrett & Company
| |
|
12/08/2018
|
2 Bed
|
1 Bath
|
711 ft²
|
$245,000
2 Bed
1 Bath
711 ft²
|
$235,000
-4.08%
01/29/2019
|
AJ Migonis
Vadala Real Estate
| |
|
04/18/2016
|
2 Bed
|
1 Bath
|
711 ft²
|
$114,900
2 Bed
1 Bath
711 ft²
|
$109,750
-4.48%
08/04/2016
|
Carol St. Pierre
Tache Real Estate, Inc.
| |
|
03/09/2016
|
2 Bed
|
1 Bath
|
698 ft²
|
$129,000
2 Bed
1 Bath
698 ft²
|
$134,000
+3.88%
05/23/2016
|
Greg Verga
Holly C & Co. Fine Homes
| |
|
03/20/2011
|
2 Bed
|
1 Bath
|
853 ft²
|
$129,900
2 Bed
1 Bath
853 ft²
|
-
09/28/2011
|
Lisa Biggar
MACK Realty Group
| |
|
04/06/2010
|
2 Bed
|
1 Bath
|
853 ft²
|
$139,000
2 Bed
1 Bath
853 ft²
|
-
-
|
Lisa Biggar
LAER Realty Partners
| |
|
09/22/2006
|
2 Bed
|
1 Bath
|
726 ft²
|
$198,500
2 Bed
1 Bath
726 ft²
|
$195,000
-1.76%
10/19/2006
|
Greg Verga
Churchill Properties
| |
|
06/27/2005
|
2 Bed
|
1 Bath
|
711 ft²
|
$199,900
2 Bed
1 Bath
711 ft²
|
$185,000
-7.45%
12/01/2005
|
Salvatore Frontiero
Holly C & Co. Fine Homes
| |
|
07/01/2002
|
2 Bed
|
1 Bath
|
-
|
$162,500
2 Bed
1 Bath
|
$162,500
08/15/2002
|
Maureen Johnson
EXIT Top Choice Realty
| |
|
08/22/2001
| |
6 Bed
|
-
|
3782 ft²
|
$359,000
6 Bed
-
3782 ft²
|
$220,000
-38.72%
05/30/2002
|
Maureen Johnson
EXIT Top Choice Realty
|
Building Info
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