$317,000
●
Condo -
Off Market
5 Centennial Avenue #1
Gloucester, MA 01930
2 Beds
2 Baths,
1
Half Bath
1,340 Ft²
$586,170
RealtyHop Estimate
72.91%
Since Nov 1, 2005
National-US
Primary Model
About This Property
Charm, simplicity plus Historical appeal totally renovated 1900's
stately Victorian style condo. One level cherry kitchen w/ granite
black counters and stainless new steel appliances. Master bedroom
w/ bullseye molding w/ loads of closet space. High ceilings! New
furnace, LAARS, plumbing. electrical and roof!! Peaks of Glou
Harbor and steps to historic seaport. 3 car pkg, basement, planting
area...All new and ready for immediate occupancy.
Unit Size
1,340 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$253
Property Type
Condo
Property Taxes
-
HOA Dues
$174
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 years ago (MLSPIN #70168813)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 2, 2012 | Sold | ||
| Sold | |||
| Aug 17, 2011 | Listed by RE/MAX 360 | $269,000 | |
| Listed by RE/MAX 360 | |||
| | |||
|
Location! Steps to the Boulevard, Park & Beaches. Totally renovated in 2005. 1st floor 2 bedroom charming condo. Cherry cabinets, granite counters - all appliances remain. New furnace, electric, and plumbing. 3-car deeded parking spaces. Pet friendly. Low condo fees.
| |||
| Oct 20, 2005 | Sold | ||
| Sold | |||
| Apr 6, 2005 | Listed by Coldwell Banker Realty - Gloucester | $339,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
Property Highlights
Parking Available
Interior Details
Level: First
Level: First
Features: Bathroom - Half
Level: First
Features: Bathroom - Full
Level: First
Level: First
Level: First
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Vinyl, Carpet
Laundry Features: Bathroom - Half, First Floor, Washer Hookup
Rooms: 5
Basement: Y
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: 5 Centennial Ave Condominium
Structure Type: Low-Rise
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Zoning: R4
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 3
Utilities Details
Utilities: Washer Hookup
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $174
Community Features: Public Transportation, Shopping, Walk/Jog Trails
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
08/17/2011
|
2 Bed
|
2 Bath
|
1237 ft²
|
$269,000
2 Bed
2 Bath
1237 ft²
|
$233,000
-13.38%
03/02/2012
|
Joan Oliver
Coldwell Banker Realty - Gloucester
| |
|
06/05/2006
|
3 Bed
|
2 Bath
|
1890 ft²
|
$329,000
3 Bed
2 Bath
1890 ft²
|
$329,000
12/11/2006
|
Kathleen Claypool
Coldwell Banker Realty - Gloucester
| |
|
04/06/2005
|
2 Bed
|
2 Bath
|
1340 ft²
|
$339,000
2 Bed
2 Bath
1340 ft²
|
$317,000
-6.49%
10/20/2005
|
Kathleen Claypool
Coldwell Banker Realty - Gloucester
| |
|
03/31/2004
| |
6 Bed
|
2 Bath
|
2167 ft²
|
$449,000
6 Bed
2 Bath
2167 ft²
|
$390,000
-13.14%
07/07/2004
|
Michael Nash
Re/max Gallery
|
Building Info
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