$311,000
●
Condo -
Off Market
7 Centennial Avenue #B
Gloucester, MA 01930
2 Beds
2 Baths,
1
Half Bath
1,494 Ft²
$621,651
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model
About This Property
Well designed, newer construction, townhouse style condo with water
views, central air, and off-street parking for three, including one
car garage. Unit boasts hardwood floors, New Radiance countertops,
deck with views, in-unit laundry next to master suite, and private
yard. Central location is one block from Gloucester's famous
harbor, and an 8 minute walk to either downtown or the Commuter
Rail. Also, offers proximity to Stage Fort Park, Ravenswood Park,
and Pavilion Beach. Property has been well-maintained by current
owners, and is in move-in condition. Be here this summer, and walk
down the street to the Farmer's Market or the Fourth of July
Fireworks. This is the condo that you've been waiting for!
Unit Size
1,494 Ft²
Days on Market
-
Land Size
-
Price per sqft
$214
Property Type
Condo
Property Taxes
$256
HOA Dues
$100
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 years ago (MLSPIN #71616118)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2014 | Sold | ||
| Sold | |||
| Dec 13, 2013 | Listed by North Shore's Gold Coast Realty | $319,900 | |
| Listed by North Shore's Gold Coast Realty | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Level: Second
Width: 10
Length: 12
Features: Flooring - Stone/Ceramic Tile
Area: 120
Level: Third
Area: 81
Width: 9
Features: Bathroom - With Tub & Shower
Length: 9
Area: 30
Features: Bathroom - Half
Length: 6
Level: Second
Width: 5
Level: Third
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 15
Area: 180
Width: 11
Features: Flooring - Hardwood, Exterior Access
Length: 11
Level: Second
Area: 121
Length: 14
Level: Second
Area: 168
Features: Flooring - Hardwood, Deck - Exterior
Width: 12
Features: Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet
Level: Third
Length: 15
Width: 11
Area: 165
Features: No
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Entrance Foyer
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
Laundry Features: In Unit, Washer Hookup
Rooms: 5
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street, Deeded, Paved
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Seven Centennial Avenue
Structure Type: Townhouse, Attached
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lead Paint: None
Lot Size Units: Acres
Zoning: R-5
Parcel Number: 4535081
Water Source: Public
Financial Details
Tax Map Number: 03
Tax Assessed Value: $243,400
Tax Annual Amount: $3,072
Utilities Details
Utilities: for Gas Range, for Gas Dryer, Washer Hookup
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
Association Fee Frequency: Monthly
HOA Fee: $100
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, Marina, Public School, T-Station
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
12/13/2013
|
2 Bed
|
1 Bath
|
1494 ft²
|
$319,900
2 Bed
1 Bath
1494 ft²
|
$311,000
-2.78%
01/29/2014
|
Martha Anger
Engel & Volkers By The Sea
| |
|
02/05/2004
|
2 Bed
|
1 Bath
|
1500 ft²
|
$319,900
2 Bed
1 Bath
1500 ft²
|
$315,000
-1.53%
04/27/2004
|
Chris Viegaard
Churchill Properties
| |
|
01/30/2003
|
2 Bed
|
2 Bath
|
1500 ft²
|
$289,900
2 Bed
2 Bath
1500 ft²
|
$287,500
-0.83%
03/21/2003
|
Michael Salmon
H. R. Mcbride & Associates
| |
|
09/18/2002
|
Loft
|
2 Bath
|
1500 ft²
|
$292,900
Loft
2 Bath
1500 ft²
|
$285,900
-2.39%
03/26/2003
|
Michael Salmon
H. R. Mcbride & Associates
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017