$290,000
●
Condo -
Off Market
62 Eastern Point Road #2
Gloucester, MA 01930
2 Beds
1 Bath
937 Ft²
$575,062
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model
About This Property
SeaCroft Condos located steps from Niles Beach! Newly
renovated complex! One of 6 units, prices starting at
$295,000. This 2 bedroom, 1 bath luxury unit offers ocean
views, private balcony, hardwood floors, 2 car parking.
Granite counters and SS appliances. Great for year round
residents or vacation getaway.
Unit Size
937 Ft²
Days on Market
-
Land Size
-
Price per sqft
$315
Property Type
Condo
Property Taxes
-
HOA Dues
$98
Year Built
-
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Cap Rate Calculator
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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 #71554864)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2013 | Sold | ||
| Sold | |||
| Jul 13, 2013 | Listed by RE/MAX Advantage Real Estate | $295,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
Property Highlights
Parking Available
Garage
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Appliances: Range, Dishwasher, Refrigerator
Flooring Type: Wood, Tile, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup, In Unit, Second Floor
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 937
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1982
Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Building Name: Seacroft Condominiums
Building Area Total: 937
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public, Individual Meter
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
HOA Fee: $98
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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Address: 335 Madison Avenue, New York, NY 10017