$310,000
●
Condo -
Off Market
50 Summer #1
Gloucester, MA
3 Beds
2 Baths,
1
Half Bath
1,422 Ft²
$581,099
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model
About This Property
Newly renovated Victorian in a convenient location on the edge of
former Sea Captain's homes. Close to downtown shops & harbor. High
ceilings & charming Victorian details accentuate this townhouse
style unit w/3 bedrooms. Large kitchen features granite counters,
stainless steel appliances, W & D. Generous sized rooms feature
tall windows, lovely woodwork & hardwood floors. Covered front
porch & rear private deck w/garden. 2 deeded parking spaces. A
charming choice for a first home or getaway!
Unit Size
1,422 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$225
Property Type
Condo
Property Taxes
$198
HOA Dues
$292
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 #70539054)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 26, 2007 | Sold | ||
| Sold | |||
| Mar 12, 2007 | Listed by Coldwell Banker Realty - Gloucester | $320,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
Property Highlights
Parking Available
Interior Details
Level: First
Width: 10
Length: 18
Features: Bathroom - Half, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid
Area: 180
Level: Second
Area: 55
Width: 5
Features: Bathroom - Full, Countertops - Stone/Granite/Solid
Length: 11
Area: 10
Features: Bathroom - Half, Walk-In Closet(s)
Length: 5
Level: First
Width: 2
Level: Second
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 14
Area: 168
Width: 11
Features: Flooring - Hardwood
Length: 10
Level: First
Area: 110
Features: Flooring - Hardwood
Width: 14
Length: 10
Area: 140
Level: Second
Length: 14
Level: First
Area: 196
Features: Ceiling Fan(s), Flooring - Hardwood
Width: 14
Features: Flooring - Hardwood
Level: Second
Length: 10
Width: 9
Area: 90
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Carpet
Laundry Features: Closet - Walk-in, First Floor, Washer Hookup
Rooms: 6
Basement: Y
Parking Details
Parking Features: Off Street, Tandem, Deeded
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Actual, Renovated Since
PropertySubType: Condominium
Building Name: 50-52 Summer St. Condominium Trust
Structure Type: Townhouse, 2/3 Family
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Enclosed, Deck, Covered
Lead Paint: Unknown
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Zoning: R4
Parcel Number: 4581714
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 6
Tax Assessed Value: $276,000
Tax Annual Amount: $2,376
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: None
Heating Type: Hot Water, Steam, Natural Gas, Individual, Unit Control
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
HOA/Condo/Coop Amenities: Garden Area
HOA Fee: $292
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility
Pets Allowed: Yes
Complex is Completed
Management: Owner Association
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017