$450,000
●
Condo -
Off Market
6 Brightside Ave #2
Gloucester, MA 01930
2 Beds
2 Baths
1,359 Ft²
$462,100
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Situated in the highly desirable East Gloucester neighborhood, this
spacious condo offers a wonderful blend of comfort, convenience,
and coastal living. This condo boasts a versatile layout that
includes an office space, ideal for those who work from home. Two
generously-sized bedrooms provide a serene retreat, with the
primary bedroom featuring an en-suite bathroom for added privacy
and convenience. One of the standout features of this property is
its fantastic location. Within walking distance, you'll find
yourself at the picturesque Good Harbor Beach, where you can relax
and soak up the sun, or take a refreshing stroll along the
shoreline. If you enjoy tennis or golf, the esteemed Bass Rocks
Tennis and Golf Club is just a stone's throw away. Residents of
this condo will appreciate the proximity to grocery stores, making
errands a breeze. Don't miss the opportunity to make this
delightful condo your own, offering a comfortable and convenient
lifestyle. All offers due Tuesday July 25.
Unit Size
1,359 Ft²
Days on Market
-
Land Size
-
Price per sqft
$342
Property Type
Condo
Property Taxes
$320
HOA Dues
$145
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 months ago (MLSPIN #73137159)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Jul 27, 2023 | In contract | - | |
| In contract | |||
| Jul 17, 2023 | Listed by Engel & Volkers By the Sea | $465,000 | |
| Listed by Engel & Volkers By the Sea | |||
| | |||
|
Situated in the highly desirable East Gloucester neighborhood, this spacious condo offers a wonderful blend of comfort, convenience, and coastal living. This condo boasts a versatile layout that includes an office space, ideal for those who work from home. Two generously-sized bedrooms provide a serene retreat, with the primary bedroom featuring an en-suite bathroom for added privacy and convenience. One of the standout features of this property is its fantastic location. Within walking distance, you'll find yourself at the picturesque Good Harbor Beach, where you can relax and soak up the sun, or take a refreshing stroll along the shoreline. If you enjoy tennis or golf, the esteemed Bass Rocks Tennis and Golf Club is just a stone's throw away. Residents of this condo will appreciate the proximity to grocery stores, making errands a breeze. Don't miss the opportunity to make this delightful condo your own, offering a comfortable and convenient lifestyle. All offers due Tuesday July 25.
| |||
| Dec 13, 2006 | Sold | ||
| Sold | |||
| Mar 13, 2006 | Listed by Coldwell Banker Realty - Gloucester | $269,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
| | |||
|
East Gloucester - Totally renovated, 2 BR, study, 2 bath Condo. Great master suite with cathedral ceiling. Walk to Good Harbor Beach and Bass Rocks Golf Club.
| |||
Property Highlights
Parking Available
Air Conditioning
Interior Details
Full Bathrooms: 2
Interior Features: Office
Rooms: 5
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1359
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Ocean, Beach Ownership(Public)
Building Area Total: 1359
Building Area Units: Square Feet
Patio and Porch Features: Deck
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $362,800
Tax Annual Amount: $3,842
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $145
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 |
|---|---|---|---|---|---|---|---|
|
07/17/2023
|
2 Bed
|
2 Bath
|
1359 ft²
|
$465,000
2 Bed
2 Bath
1359 ft²
|
$450,000
-3.23%
09/29/2023
|
Rosalia Giacalone
Engel & Volkers By the Sea
| |
|
05/02/2023
|
2 Bed
|
1 Bath
|
834 ft²
|
$385,000
2 Bed
1 Bath
834 ft²
|
$453,000
+17.66%
05/31/2023
|
Meg Shea
Gibson Sotheby's International Realty
| |
|
03/13/2006
|
2 Bed
|
2 Bath
|
1359 ft²
|
$269,000
2 Bed
2 Bath
1359 ft²
|
$245,000
-8.92%
12/13/2006
|
Maureen Alvarado
Coldwell Banker Realty - Gloucester
| |
|
05/08/2005
| |
4 Bed
|
2 Bath
|
1967 ft²
|
$419,000
4 Bed
2 Bath
1967 ft²
|
$426,000
+1.67%
07/12/2005
|
Ronald McKinnon
Keller Williams Realty Evolution
|
Building Info
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