$233,000
●
Condo -
Off Market
5 Centennial Ave #1
Gloucester, MA 01930
2 Beds
1 Bath,
1
Half Bath
1,237 Ft²
$603,526
RealtyHop Estimate
124.36%
Since Apr 1, 2012
National-US
Primary Model
About This Property
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.
Unit Size
1,237 Ft²
Days on Market
-
Land Size
-
Price per sqft
$217
Property Type
Condo
Property Taxes
$205
HOA Dues
$126
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: 5 months ago (MLSPIN #71276358)
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 | |||
| | |||
|
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.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Deeded
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer
Flooring Type: Wood, Carpet
Laundry Features: First Floor
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1237
Square Footage Source: $0
Security Features: Security System
Year Built Source: Public Records
Year Built: 1900
Building Name: 5 Centennial Ave Condominium
Building Area Total: 1237
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lot Size Units: Acres
Tax Lot: 23
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 3
Tax Assessed Value: $202,300
Tax Annual Amount: $2,464
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA Fee: $126
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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