$305,000
●
Condo -
Off Market
40 Middle Street #3B
Gloucester, MA 01930
1 Bed
1 Bath
517 Ft²
$1,951
Est. Monthly
$210
HOA / Fees
8.82%
Cap Rate
About This Property
Fantastic location! Updated 1 bedroom condo with new kitchen and
updated bath, on-site parking, one block from Main St Gloucester
and just steps to restaurants, shops, the harbor, beach, park,
public transportation and more. New kitchen features stainless
appliances and granite counters. In unit laundry and lots of closet
space. Storage in basement.
Unit Size
517 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$590
Property Type
Condo
Property Taxes
$243
HOA Dues
$210
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MLSPIN #73282711)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Boston Metropolitan Realty | $305,000 | |
| Listed by Boston Metropolitan Realty | |||
| | |||
|
Fantastic location! Updated 1 bedroom condo with new kitchen and updated bath, on-site parking, one block from Main St Gloucester and just steps to restaurants, shops, the harbor, beach, park, public transportation and more. New kitchen features stainless appliances and granite counters. In unit laundry and lots of closet space. Storage in basement.
| |||
Property Highlights
Parking Available
Interior Details
Level: Third
Features: Flooring - Laminate, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting, Gas Stove
Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
Level: Third
Features: Flooring - Wood, Recessed Lighting
Level: Third
Level: Third
Features: Closet, Flooring - Hardwood
Full Bathrooms: 1
Interior Features: Finish - Sheetrock, Internet Available - Broadband
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Wood, Laminate
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 3
Basement: Y
Parking Details
Parking Features: Off Street, Assigned, Stone/Gravel
Exterior Details
Entry Level: 3
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
PropertySubType: Condominium
Structure Type: Low-Rise
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: RS-5
Parcel Number: 1894212
Water Source: Public
Financial Details
Tax Map Number: 15
Tax Assessed Value: $300,000
Tax Annual Amount: $2,919
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Snow Removal, Trash, Reserve Funds
Association Fee Frequency: Monthly
HOA Fee: $210
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Pets Allowed: Yes
Management: No Management
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 |
|---|---|---|---|---|---|---|---|
|
04/22/2026
|
3 Bed
|
1 Bath
|
930 ft²
|
$479,000
3 Bed
1 Bath
930 ft²
|
$485,000
+1.25%
06/03/2026
|
Waypoint Realty Group
Coldwell Banker Realty - Boston
| |
|
09/25/2025
|
2 Bed
|
1 Bath
|
835 ft²
|
$465,000
2 Bed
1 Bath
835 ft²
|
$450,000
-3.23%
11/24/2025
|
Jane Meterparel & Brian Marvelley
Churchill Properties
| |
|
01/16/2025
|
3 Bed
|
1 Bath
|
930 ft²
|
$499,000
3 Bed
1 Bath
930 ft²
|
$475,000
-4.81%
03/27/2025
|
Shoshanah Collins
Boston Metropolitan Realty
| |
|
09/27/2024
|
3 Bed
|
1 Bath
|
820 ft²
|
$499,999
3 Bed
1 Bath
820 ft²
|
$475,000
-5.00%
11/22/2024
|
Caroline Bramhall
Churchill Properties
| |
|
08/28/2024
|
1 Bed
|
1 Bath
|
517 ft²
|
$325,000
1 Bed
1 Bath
517 ft²
|
$305,000
-6.15%
11/15/2024
|
Shoshanah Collins
Boston Metropolitan Realty
| |
|
08/27/2024
|
2 Bed
|
1 Bath
|
835 ft²
|
$429,000
2 Bed
1 Bath
835 ft²
|
$435,000
+1.40%
10/15/2024
|
Shoshanah Collins
Boston Metropolitan Realty
| |
|
11/03/2023
| |
10 Bed
|
6 Bath
|
6731 ft²
|
$1,599,900
10 Bed
6 Bath
6731 ft²
|
$1,465,000
-8.43%
02/02/2024
|
Salvatore DiMercurio
Keller Williams Realty Evolution
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017