$73,000
●
Condo -
Off Market
48 Gibbs St #4A
Worcester, MA 01607
2 Beds
1 Bath
907 Ft²
$117,792
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
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.
Unit Size
907 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
Condo
Property Taxes
$137
HOA Dues
$285
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 months ago (MLSPIN #72143970)
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 | |||
| | |||
|
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.
| |||
Property Highlights
Parking Available
With View
Parking Details
Parking Features: Deeded, Guest
Interior Details
Full Bathrooms: 1
Appliances: Range, Oven, Dishwasher, Disposal, Refrigerator
Flooring Type: Vinyl, Wood Laminate
Door Features: Insulated Doors
Laundry Features: Common Area, In Building
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 907
Security Features: Intercom
Year Built Source: Public Records
Year Built: 1987
Building Area Total: 907
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $80,000
Tax Annual Amount: $1,649
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
HOA/Condo/Coop Amenities: Laundry
HOA Fee: $285
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 |
|---|---|---|---|---|---|---|---|
|
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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