$311,000
●
Condo -
Off Market
7 Centennial Avenue #B
Gloucester, MA 01930
2 Beds
1 Bath,
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
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 #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 | |||
| | |||
|
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!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Off Street, Deeded, Paved, Under
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Entrance Foyer
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
Door Features: Insulated Doors
Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup
Rooms: 5
Basement: N
Exterior Details
Has Property Attached
Square Footage: 1494
Year Built Source: Public Records
Year Built: 2002
Waterfront Features: Harbor, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Building Name: Seven Centennial Avenue
Building Area Total: 1494
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lot Size Units: Acres
Tax Lot: 00(B)
Water Source: Public
Financial Details
Tax Map Number: 03
Tax Assessed Value: $243,400
Tax Annual Amount: $3,072
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance
HOA Fee: $100
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 |
|---|---|---|---|---|---|---|---|
|
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