$329,000
●
Condo -
Off Market
5 Centennial Ave #2
Gloucester, MA 01930
3 Beds
2 Baths
1,890 Ft²
$559,383
RealtyHop Estimate
70.03%
Since Jan 1, 2007
National-US
Primary Model
About This Property
BEST VALUE IN GLOUCESTER!!Steps to blvd,salt air & ocean
breezes...1900's stately Vict style condo. 2 lvls, OVER 1800
sf,cherry kit w/blk granite ctrs & stnls stl applcs. Interchgable
flr plan w/great storage space. Hi Clgs/Great lgt/Period Mldgs.
Exclusive Use Trexx deck w/views to Historic Glou Hrbr. 3 car pkg.
TOTALLY NEW!!! FIRST YEAR CONDO FEES PAID!!!
Unit Size
1,890 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$174
Property Type
Condo
Property Taxes
-
HOA Dues
$168
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 #70401200)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2006 | Sold | ||
| Sold | |||
| Jun 5, 2006 | Listed by Carlson GMAC Real Estate | $329,000 | |
| Listed by Carlson GMAC Real Estate | |||
Property Highlights
Interior Details
Level: Second
Features: Pantry, Countertops - Stone/Granite/Solid
Level: Third
Features: Bathroom - Full
Level: Third
Features: Bathroom - Full, Walk-In Closet(s)
Features: Balcony / Deck
Level: Second
Features: Dining Area, Countertops - Stone/Granite/Solid
Level: Second
Features: Bathroom - Full
Level: Second
Features: Bathroom - Full, Walk-In Closet(s)
Level: Third
Level: Second
Features: Window(s) - Bay/Bow/Box
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Gas Water Heater
Flooring Type: Carpet, Laminate
Laundry Features: Bathroom - Full, Second Floor, Washer Hookup
Rooms: 6
Basement: Y
Parking Details
Parking Features: Deeded
Exterior Details
Has Property Attached
Entry Level: 2
Year Built Source: Owner
Year Built Details: Actual, Finished, Never Occupied
PropertySubType: Condominium
Building Name: 5 Centennial Ave Condominium
Structure Type: Townhouse, Mid-Rise
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Zoning: R4
Parcel Number: 1893462
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, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $168
Community Features: Public Transportation, Shopping, Park, 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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