$66,000
●
Condo -
Off Market
48 Gibbs St #4A
Worcester, MA 01607
2 Beds
1 Bath
907 Ft²
$134,678
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model
About This Property
Commuters take note of this bright and sunny unit located minutes
from Mass Pike, 290 and route 20. Large living area with
cathedral ceiling and ceiling fan. Fully applianced kitchen
with plenty of cabinet space. Good size bedrooms with large
closets, balcony with a great view. Professional condo
association. New water heater, coin-op laundry on first
floor, two deeded parking spots. Just minutes to Blackstone
Shoppes, Walmart and Sam's Club.
Unit Size
907 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
Condo
Property Taxes
$116
HOA Dues
$262
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 #71660404)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2017 | Sold | ||
| Sold | |||
| Apr 10, 2017 | Listed by Gibson Sotheby's International Realty | $72,900 | |
| Listed by Gibson Sotheby's International Realty | |||
| | |||
|
Spacious, sun drenched, modern 2 bedroom PENTHOUSE CONDO on Gibbs St! Bright living room with soaring ceilings and private deck with fantastic view. Fully applianced kitchen/dishwasher and baths. Features include new easy to care for like hardwood floors, skylight, ceiling fans, great closet and storage space, laundry in building and parking for 2 cars. Perfect for a first time buyer or as a potential investment property. Call today for a showing, these units tend to sell quickly! Vacant & easy to show.
| |||
| Aug 4, 2014 | Sold | ||
| Sold | |||
| Apr 13, 2014 | Listed by Property Investors & Advisors, LLC | $72,500 | |
| Listed by Property Investors & Advisors, LLC | |||
Property Highlights
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator
Flooring Type: Vinyl, Carpet
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Entry Level: 4
Security Features: Intercom
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Structure Type: Mid-Rise
Stories (Total): 4
Building Area Units: Square Feet
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RG-5
Parcel Number: M:31 B:019 L:024A, 1790262
Water Source: Public
Financial Details
Tax Assessed Value: $74,800
Tax Annual Amount: $1,390
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $262
Community Features: Shopping, Golf
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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Phone: 425-283-2930
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