1
Map
$129,900
●
Condo -
Off Market
37 Harrison Avenue #3
Gloucester, MA 01930
2 Beds
1 Bath
853 Ft²
$980
Est. Monthly
$200
HOA / Fees
21.42%
Cap Rate
About This Property
This condo sits on top of one of the many hills in Gloucester.
Located on a dead end street, natural light fills the living
space; bonus space in the attic exclusive to this unit w/potential
of living space conversion; common yard area and one assigned
parking space. Located minutes from Rte 128, Blackburn
circle, shopping, Gloucester beaches and downtown. Room sized
approx. Easy to show! All conditions subject to third party
bank approval.
Unit Size
853 Ft²
Days on Market
-
Land Size
-
Price per sqft
$152
Property Type
Condo
Property Taxes
$142
HOA Dues
$200
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: 4 months ago (MLSPIN #71203606)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2016 | Sold | ||
| Sold | |||
| Mar 9, 2016 | Listed by Sagan Harborside Sotheby's International Realty | $129,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
Stop paying your landlord's mortgage and start building your own equity! This East Gloucester 2 bedroom condo with great natural light is an affordable alternative to renting. Do the math, your mortgage payment, taxes, insurance and condo fee could be less than most Gloucester apartment rentals. Distant water views. Updated electrical, newer carpets, insulated windows, newer water heater. Roof less than 5 years young. Full attic provides lots of safe storage - and future living space. Exclusive use area of basement provides additional 200+ square feet of space. Quick access to highway, downtown and of course Good Harbor Beach.
| |||
| Sep 28, 2011 | Sold | ||
| Sold | |||
| Jul 13, 2011 | Listed by Churchill Properties | $85,000 | |
| Listed by Churchill Properties | |||
| | |||
|
Located on a dead end street. great sun filled 2 bedroom. Located minutes to 128, shopping, Gloucester beaches and downtown. Common yard and 1 assigned parking.
| |||
| Mar 20, 2011 | Listed by MACK Realty Group | $129,900 | |
| Listed by MACK Realty Group | |||
Show More
Property Highlights
Parking Available
Elevator
Parking Details
Has Garage
Parking Features: Assigned
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Appliances: Range
Laundry Features: In Basement, Washer Hookup
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 853
Year Built Source: Public Records
Year Built: 1900
Building Area Total: 853
Building Area Units: Square Feet
Window Features: Insulated Windows
Lot Size Units: Acres
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $150,400
Tax Annual Amount: $1,701
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
HOA Fee: $200
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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