$432,000
●
Condo -
Off Market
62 Eastern Point Road #1
Gloucester, MA 01930
3 Beds
2 Baths
1,263 Ft²
$704,791
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Seacroft Condo located steps from Niles Beach. This is a
stand alone single family home located in the recently converted 6
unit complex. Move right in and just in time for summer.
This beautiful 3BR, 2BA home offers hardwood floors, granite
counters and stainless steel appliances, 2 car parking and attached
garage. Bonus....air conditioning! Seasonal ocean views!
Exclusive outdoor space! Grab your chair, throw on the flip flops
and head to your new backyard, Niles Beach!
Unit Size
1,263 Ft²
Days on Market
-
Land Size
-
Price per sqft
$348
Property Type
Condo
Property Taxes
$383
HOA Dues
$254
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 #72167691)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2017 | Sold | ||
| Sold | |||
| May 18, 2017 | Listed by Churchill Properties | $439,000 | |
| Listed by Churchill Properties | |||
| | |||
|
Seacroft Condo located steps from Niles Beach. This is a stand alone single family home located in the recently converted 6 unit complex. Move right in and just in time for summer. This beautiful 3BR, 2BA home offers hardwood floors, granite counters and stainless steel appliances, 2 car parking and attached garage. Bonus....air conditioning! Seasonal ocean views! Exclusive outdoor space! Grab your chair, throw on the flip flops and head to your new backyard, Niles Beach!
| |||
Property Highlights
Parking Available
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Deeded
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Marble
Laundry Features: In Unit, First Floor
Rooms: 6
Basement: Y
Exterior Details
Square Footage: 1263
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Name: Seacroft Condominimum
Building Area Total: 1263
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $348,900
Tax Annual Amount: $4,601
Utilities Details
Cooling Type: Heat Pump
Heating Type: Heat Pump, Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $254
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 |
|---|---|---|---|---|---|---|---|
|
11/05/2025
|
2 Bed
|
1 Bath
|
937 ft²
|
$550,000
2 Bed
1 Bath
937 ft²
|
$550,000
12/22/2025
|
Monahan Barker Team
LandVest, Inc., Ipswich
| |
|
05/03/2021
|
2 Bed
|
2 Bath
|
892 ft²
|
$449,500
2 Bed
2 Bath
892 ft²
|
$465,000
+3.45%
06/28/2021
|
The Murray Brown Group
Sagan Harborside Sotheby's International Realty
| |
|
05/18/2017
|
3 Bed
|
2 Bath
|
1263 ft²
|
$439,000
3 Bed
2 Bath
1263 ft²
|
$432,000
-1.59%
06/30/2017
|
Rick Petralia
Churchill Properties
| |
|
11/14/2013
|
2 Bed
|
2 Bath
|
892 ft²
|
$309,000
2 Bed
2 Bath
892 ft²
|
$290,000
-6.15%
01/24/2014
|
Robin Martyn
Churchill Properties
| |
|
07/13/2013
|
2 Bed
|
1 Bath
|
937 ft²
|
$295,000
2 Bed
1 Bath
937 ft²
|
$290,000
-1.69%
12/30/2013
|
Ron Goulart & Jennifer Anderson
RE/MAX Advantage Real Estate
| |
|
05/24/2013
|
2 Bed
|
1 Bath
|
937 ft²
|
$309,000
2 Bed
1 Bath
937 ft²
|
$290,000
-6.15%
09/27/2013
|
Lauretta Raffi
Premier Realty Group, Inc.
| |
|
06/13/2012
| |
Loft
|
-
|
9610 ft²
|
$975,000
Loft
-
9610 ft²
|
$875,000
-10.26%
11/07/2012
|
Richard Cooper
Sagan Harborside Sotheby's International Realty
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017