$1,150,000
●
Condo -
Off Market
64 Eastern Point Road #2
Gloucester, MA 01930
3 Beds
3 Baths,
1
Half Bath
2,588 Ft²
$6,973
Est. Monthly
$633
HOA / Fees
2.07%
Cap Rate
About This Property
STUNNING! Views, Location, Niles Beach, the gorgeous light. This
home has every possible amenity you want or need. 3 bedroom, 2 ½
bath unit at Seacroft Condominiums is in pristine condition with
many recent upgrades and updates.Thoughtfully added storage and
closet areas, upgrades of utilities, beautifully enhanced views are
only a few of the many additions since 2019. One being the pantry
just off the kitchen with a spice cabinet and access to a storage
area. Use the front porch to watch the world go by. Rear entrance
walks into a well outfitted mud room and leads to the kitchen and
living area from which the view of the water is mesmerizing. The
upper-level deck perfect for reading and relaxing. Escape to the
private main bedroom with its own balcony deck to enjoy. Main bath
has the best of the best of cabinetry and double shower. You will
be proud to own this home. Niles Beach and Rocky Neck Art Community
are nearby as are many of the goings on offered on Cape Ann.
Unit Size
2,588 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$440
Property Type
Condo
Property Taxes
$752
HOA Dues
$633
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: 2 years ago (MLSPIN #73326596)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by RE/MAX Beacon | $1,138,000 | |
| Listed by RE/MAX Beacon | |||
| Apr 8, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2018 | Listed by J. Barrett & Company | $699,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Meticulously maintained 3 level townhouse condo w/ocean views out every level. Enjoy the sights, sounds & smell of the ocean from your large covered front porch, your deck on 3rd floor or your private balcony. For Beach lovers this is a bit of heaven w/Niles Beach at your front door. Perfect condo for entertaining w/1st fl. open concept LR, DR, & a Chef Lovers Kitchen w/plenty of cabinets, granite counters, gas stove, breakfast bar, stainless appliances that leads out to the front porch. 2nd fl guests won't want to leave w/2 bedrooms & in between nice sized bath. Saved the best for last! 3rd fl offers a family room w/magnificent ocean views out 2 picture windows, wet bar w/built in cabinets which leads to an inviting deck to relax or entertain. The Master BR Suite has a beautiful bath w/tiled shower, dbl. sink vanity then move to the huge walk-in closet, large Master BR that leads out to your private balcony. Rocky Neck, Scenic Back Shore, Bass Rocks Golf & downtown Gloucester close by
| |||
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Property Highlights
Parking Available
Air Conditioning
Interior Details
Area: 46.972222
Length: 7.416666
Width: 6.333333
Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Level: First
Features: Closet, Flooring - Hardwood, Recessed Lighting
Length: 12
Area: 108
Level: Second
Width: 9
Features: Flooring - Hardwood, Window(s) - Picture, Recessed Lighting
Width: 10
Length: 20
Level: First
Area: 200
Width: 10.75
Level: Main, First
Length: 18
Features: Bathroom - Half, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Exterior Access, Open Floorplan, Recessed Lighting, Gas Stove
Area: 193.5
Area: 50
Width: 5
Level: Second
Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Length: 10
Width: 10
Area: 110
Level: Second
Features: Closet, Flooring - Hardwood, Recessed Lighting
Length: 11
Level: Main, First
Length: 14.75
Area: 213.875
Features: Flooring - Hardwood, Window(s) - Picture, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting
Width: 14.5
Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Double Vanity
Area: 91
Width: 7
Level: Third
Length: 13
Level: Third
Length: 15
Width: 11.75
Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Balcony - Exterior, Recessed Lighting, Slider
Area: 176.25
Area: 306
Length: 18
Level: Third
Features: Bathroom - Full, Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Wet Bar, Deck - Exterior, Open Floorplan, Recessed Lighting, Window Seat
Width: 17
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Closet, Walk-In Closet(s), Pantry, Mud Room, Wet Bar
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Tile, Hardwood, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Laundry Features: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Rooms: 9
Basement: N
Parking Details
Parking Features: Off Street, Assigned
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Seacroft Condominium
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch, Deck
Lead Paint: Unknown
Lot Size Area: 0.4
Lot Size Units: Acres
Lot Size Acres: 0.4
Zoning: R-10
Parcel Number: 4912325
Water Source: Public
Financial Details
Tax Map Number: 133
Tax Assessed Value: $927,800
Tax Annual Amount: $9,019
Utilities Details
Utilities: for Gas Range, Washer Hookup
Cooling Type: Central Air
Heating Type: Forced Air, Electric Baseboard, Natural Gas, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $633
Community Features: Public Transportation
Pets Allowed: Yes w/ Restrictions
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 |
|---|---|---|---|---|---|---|---|
|
01/15/2025
|
3 Bed
|
3 Bath
|
2588 ft²
|
$1,138,000
3 Bed
3 Bath
2588 ft²
|
$1,150,000
+1.05%
02/27/2025
|
Ruth Pino
RE/MAX 360
| |
|
08/20/2018
|
3 Bed
|
3 Bath
|
2737 ft²
|
$699,000
3 Bed
3 Bath
2737 ft²
|
$683,500
-2.22%
04/08/2019
|
Shelly Shuka
J. Barrett & Company
| |
|
06/04/2014
|
3 Bed
|
3 Bath
|
2737 ft²
|
$629,000
3 Bed
3 Bath
2737 ft²
|
$649,900
+3.32%
09/15/2014
|
Ron Goulart and Jennifer Anderson
RE/MAX 360
| |
|
05/24/2013
|
3 Bed
|
3 Bath
|
2276 ft²
|
$549,000
3 Bed
3 Bath
2276 ft²
|
$520,000
-5.28%
12/09/2013
|
Patty Knaggs
Carlson GMAC Real Estate
|
Building Info
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