1
Map
644 Washington Street
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed | $995,000 | |
| Listed | |||
| |||
|
Sensational waterfront cottage on the Annisquam River with gorgeous sunset views across to Wingaershek Beach and beyond to Plum Island in Newburyport. Delight in all Gloucester has to offer in this thoroughly and tastefully renovated gem! You can kayak, paddle board or swim right outside your door or simply wile away the hours enjoying the soft breezes and the sublime scenery from your living room and spacious deck. The kitchen has designer lift up cabinets and granite counter tops and there are beautiful wood floors in the wide open living and dining areas. Munch on your lobster rolls and pour a nice Chablis and live a permanent vacation, yet less than a ten minute drive to Gloucester's wonderful historic downtown and harbor. You owe it to yourself to live 365 days, summer, weekend or a combination personal enjoyment or subsidize your cash flow with rental. Lower level bedroom has private entrance.
| |||
| Nov 1, 2024 | No longer available | - | |
| No longer available | |||
| Oct 31, 2024 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017