$55,000
●
Condo -
Off Market
48 Gibbs St #2C
Worcester, MA 01607
2 Beds
1 Bath
852 Ft²
$135,113
RealtyHop Estimate
125.56%
Since Feb 1, 2011
National-US
Primary Model
About This Property
Small condo. complex offers great commuter location off Route 146;
quick & easy access to downtown Worc., Rt 20, I-290 & Mass. Pike
(I-90) - convenient shopping with new super WalMart in the
neighborhood! Popular floor plan accommodates comfortable living;
kitchen/dining combo., living room with sliders to private balcony,
spacious bedrooms. Don't miss this opportunity! Price for immediate
sale. List agent provides contract upon offer acceptance.
Buyer must sign w/i 48 hrs: NO changes allowed.
Unit Size
852 Ft²
Days on Market
-
Land Size
-
Price per sqft
$70
Property Type
Condo
Property Taxes
$105
HOA Dues
$210
Year Built
-
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Cap Rate Calculator
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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 years ago (MLSPIN #71159227)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2011 | Sold | ||
| Sold | |||
| Nov 4, 2010 | Listed by StartPoint Realty | $59,900 | |
| Listed by StartPoint Realty | |||
| May 27, 2005 | Sold | ||
| Sold | |||
| Mar 31, 2005 | Listed by Champion Real Estate | $123,500 | |
| Listed by Champion Real Estate | |||
| | |||
|
You can't miss this 4 room, 2 bed unit in well managed building. Ceramic tile floors in the kitchen and dining room. Great commuter location...minutes to I-90, 290 and 146.
| |||
Property Highlights
Parking Available
Interior Details
Level: First
Level: First
Level: First
Level: First
Level: First
Features: No
Full Bathrooms: 1
Appliances: Range, Refrigerator, Electric Water Heater, Utility Connections for Electric Range
Flooring Type: Carpet
Rooms: 4
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: M:31 B:019 L:022C, 1790257
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Assessed Value: $83,200
Tax Annual Amount: $1,260
Utilities Details
Utilities: for Electric Range
Cooling Type: None
Heating Type: Electric Baseboard, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $210
Community Features: Shopping
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 |
|---|---|---|---|---|---|---|---|
|
03/20/2026
|
2 Bed
|
1 Bath
|
852 ft²
|
$230,000
2 Bed
1 Bath
852 ft²
|
$220,000
-4.35%
05/26/2026
|
Shawn Wyse
Champion Real Estate
| |
|
01/02/2025
|
1 Bed
|
1 Bath
|
711 ft²
|
$185,000
1 Bed
1 Bath
711 ft²
|
$182,000
-1.62%
04/08/2025
|
Anne Oakman
Media Realty LLC
| |
|
09/12/2024
|
2 Bed
|
1 Bath
|
852 ft²
|
$229,000
2 Bed
1 Bath
852 ft²
|
$234,000
+2.18%
10/25/2024
|
Arash Pazooki
BA Property & Lifestyle Advisors
| |
|
04/11/2023
|
1 Bed
|
1 Bath
|
711 ft²
|
$150,000
1 Bed
1 Bath
711 ft²
|
$150,000
05/24/2023
|
Catia Vicente
Mega Realty Services
| |
|
01/25/2023
|
2 Bed
|
1 Bath
|
852 ft²
|
$199,000
2 Bed
1 Bath
852 ft²
|
$198,000
-0.50%
03/22/2023
|
Anthony J. Evangelista
A & E Realty Company, Inc.
| |
|
12/09/2020
|
2 Bed
|
1 Bath
|
907 ft²
|
$110,000
2 Bed
1 Bath
907 ft²
|
$110,000
12/31/2020
|
The Jarboe Group
TopHills Realty Partners, LLC
| |
|
08/07/2019
|
2 Bed
|
1 Bath
|
852 ft²
|
$110,000
2 Bed
1 Bath
852 ft²
|
$105,000
-4.55%
02/04/2020
|
Maria Bahnassi
Exit Beacon Pointe Realty
| |
|
04/11/2019
|
1 Bed
|
1 Bath
|
711 ft²
|
$114,900
1 Bed
1 Bath
711 ft²
|
$114,900
05/20/2019
|
Catherine Flem
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
04/10/2017
|
2 Bed
|
1 Bath
|
907 ft²
|
$72,900
2 Bed
1 Bath
907 ft²
|
$73,000
+0.14%
05/18/2017
|
Chris Robichaud
Gibson Sotheby's International Realty
| |
|
04/13/2014
|
2 Bed
|
1 Bath
|
907 ft²
|
$72,500
2 Bed
1 Bath
907 ft²
|
$66,000
-8.97%
08/04/2014
|
Linda Rankin
Property Investors & Advisors, LLC
| |
|
11/04/2010
|
2 Bed
|
1 Bath
|
852 ft²
|
$59,900
2 Bed
1 Bath
852 ft²
|
$55,000
-8.18%
01/28/2011
|
Lanting Huang-Truong
StartPoint Realty
| |
|
06/18/2010
|
2 Bed
|
1 Bath
|
907 ft²
|
$84,900
2 Bed
1 Bath
907 ft²
|
-
-
|
Barry Dworman
RE/MAX Prof Associates
| |
|
07/22/2005
|
2 Bed
|
1 Bath
|
852 ft²
|
$129,900
2 Bed
1 Bath
852 ft²
|
$127,250
-2.04%
09/15/2005
|
Laura Lodder
Trust Better Homes
| |
|
03/31/2005
|
2 Bed
|
1 Bath
|
852 ft²
|
$123,500
2 Bed
1 Bath
852 ft²
|
$120,000
-2.83%
05/27/2005
|
Adriana Nunes
Homestead Realty Solutions
| |
|
03/18/2005
|
1 Bed
|
1 Bath
|
711 ft²
|
$96,500
1 Bed
1 Bath
711 ft²
|
$92,000
-4.66%
05/02/2005
|
Ann Klein-Flynn
RE/MAX Acclaim
| |
|
10/18/2003
|
2 Bed
|
1 Bath
|
907 ft²
|
$105,000
2 Bed
1 Bath
907 ft²
|
$98,000
-6.67%
12/11/2003
|
Dexter Greene
Prudential Prime Properties
| |
|
03/21/2003
|
2 Bed
|
1 Bath
|
852 ft²
|
$89,900
2 Bed
1 Bath
852 ft²
|
$89,900
07/29/2003
|
Jeff Spencer
Keller Williams Realty Boston-Metro | Back Bay
| |
|
05/17/2002
|
2 Bed
|
1 Bath
|
852 ft²
|
$85,923
2 Bed
1 Bath
852 ft²
|
$78,000
-9.22%
07/01/2002
|
Patricia Pavone
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
| |
|
11/22/2001
|
2 Bed
|
1 Bath
|
907 ft²
|
$68,000
2 Bed
1 Bath
907 ft²
|
$64,000
-5.88%
01/31/2002
|
George Russell
George Russell Realty, LLC
| |
|
07/13/2000
|
2 Bed
|
1 Bath
|
852 ft²
|
$49,900
2 Bed
1 Bath
852 ft²
|
$48,250
-3.31%
01/09/2001
|
Karen Callan
KW Pinnacle MetroWest
| |
|
09/30/1998
|
2 Bed
|
1 Bath
|
852 ft²
|
$39,900
2 Bed
1 Bath
852 ft²
|
$38,000
-4.76%
12/14/1998
|
Diana Rivers
RE/MAX Advantage 1
| |
|
07/01/1998
|
2 Bed
|
1 Bath
|
852 ft²
|
$34,900
2 Bed
1 Bath
852 ft²
|
$34,000
-2.58%
12/22/1998
|
Mary Gale
RE/MAX Vision
| |
|
06/14/1998
|
2 Bed
|
1 Bath
|
800 ft²
|
$34,000
2 Bed
1 Bath
800 ft²
|
$30,000
-11.76%
09/18/1998
|
Janice Dawson
Fitzpatrick Real Estate
| |
|
05/31/1996
|
2 Bed
|
1 Bath
|
750 ft²
|
$19,900
2 Bed
1 Bath
750 ft²
|
$17,000
-14.57%
09/11/1996
|
Steven Feingold
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
|
Building Info
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