$68,000
●
Condo -
Off Market
7 Gibbs St #11
Worcester, MA 01607
2 Beds
1 Bath
958 Ft²
$124,069
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
Don't miss this great unit in a desirable complex. This unit offers
958 square feet of living area, two bed rooms, and 1 full bath in
move in condition. Why rent when you can own. Ask about low
programs available to help you get into this great home for less
than it would cost to get into an apartment. Would also make a
great buy, rent, and hold investment.This is a Fannie Mae HomePath
property. Call for a showing before this one is gone!
Unit Size
958 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
Condo
Property Taxes
$173
HOA Dues
$269
Year Built
1988
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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 #71906920)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2015 | Sold | ||
| Sold | |||
| Sep 16, 2015 | Listed by EXIT Realty Partners | $69,900 | |
| Listed by EXIT Realty Partners | |||
Property Highlights
Parking Available
Garage
Interior Details
Full Bathrooms: 1
Appliances: Range
Rooms: 5
Basement: N
Exterior Details
Has Property Attached
Square Footage: 958
Square Footage Source: $0
Year Built Source: Public Records
Year Built: 1988
Building Area Total: 958
Building Area Units: Square Feet
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $103,300
Tax Annual Amount: $2,073
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
HOA Fee: $269
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 |
|---|---|---|---|---|---|---|---|
|
04/09/2026
|
2 Bed
|
2 Bath
|
964 ft²
|
$247,500
2 Bed
2 Bath
964 ft²
|
$265,000
+7.07%
05/09/2026
|
Erica Davis
Thumbprint Realty, LLC
| |
|
08/08/2025
|
2 Bed
|
2 Bath
|
957 ft²
|
$242,000
2 Bed
2 Bath
957 ft²
|
$242,000
09/19/2025
|
The New Home Collective Group
Boston Connect Real Estate
| |
|
09/08/2023
|
2 Bed
|
2 Bath
|
961 ft²
|
$210,000
2 Bed
2 Bath
961 ft²
|
$230,000
+9.52%
10/27/2023
|
Tiffany McDonald
LAER Realty Partners
| |
|
01/25/2023
|
2 Bed
|
2 Bath
|
957 ft²
|
$187,900
2 Bed
2 Bath
957 ft²
|
$210,000
+11.76%
03/30/2023
|
Hejoma Garcia
RE/MAX Diverse
| |
|
09/29/2022
|
2 Bed
|
2 Bath
|
961 ft²
|
$169,900
2 Bed
2 Bath
961 ft²
|
$190,000
+11.83%
11/23/2022
|
Harry Pass
Ocean Blue Real Estate LLC
| |
|
06/28/2018
|
2 Bed
|
2 Bath
|
957 ft²
|
$99,000
2 Bed
2 Bath
957 ft²
|
$99,000
08/13/2018
|
Hejoma Garcia
RE/MAX Diverse
| |
|
01/05/2016
|
2 Bed
|
2 Bath
|
948 ft²
|
$77,500
2 Bed
2 Bath
948 ft²
|
$75,000
-3.23%
03/21/2016
|
Tracy Barber
Real Broker MA, LLC
| |
|
09/16/2015
|
2 Bed
|
1 Bath
|
958 ft²
|
$69,900
2 Bed
1 Bath
958 ft²
|
$68,000
-2.72%
12/31/2015
|
Tracy Barber
Real Broker MA, LLC
| |
|
04/09/2015
|
2 Bed
|
2 Bath
|
957 ft²
|
$99,000
2 Bed
2 Bath
957 ft²
|
$89,000
-10.10%
08/28/2015
|
Matt Gore
William Raveis R.E. & Home Services
| |
|
11/09/2012
|
2 Bed
|
2 Bath
|
956 ft²
|
$70,000
2 Bed
2 Bath
956 ft²
|
$65,000
-7.14%
04/23/2013
|
Alison Zorovich
RE/MAX Vision
| |
|
07/28/2010
|
2 Bed
|
2 Bath
|
950 ft²
|
$79,900
2 Bed
2 Bath
950 ft²
|
-
09/21/2010
|
Joanne Generelli
RE/MAX Vision
| |
|
11/15/2006
|
2 Bed
|
2 Bath
|
964 ft²
|
$129,000
2 Bed
2 Bath
964 ft²
|
$126,000
-2.33%
02/23/2007
|
Stephanie Rivera
ERA Key Realty Services - Worcester
| |
|
04/11/2005
|
2 Bed
|
2 Bath
|
949 ft²
|
$144,900
2 Bed
2 Bath
949 ft²
|
$145,500
+0.41%
06/24/2005
|
Sophie Kozaczka
Keller Williams Realty Greater Worcester
| |
|
03/29/2005
|
2 Bed
|
2 Bath
|
966 ft²
|
$124,900
2 Bed
2 Bath
966 ft²
|
$127,000
+1.68%
06/07/2005
|
Margot Spaulding
Prudential Prime Properties
| |
|
03/28/2004
|
2 Bed
|
2 Bath
|
950 ft²
|
$124,900
2 Bed
2 Bath
950 ft²
|
$125,000
+0.08%
06/01/2004
|
Non Member
State Wide MLS of Rhode Island
| |
|
07/14/2003
|
2 Bed
|
2 Bath
|
958 ft²
|
$114,900
2 Bed
2 Bath
958 ft²
|
$115,500
+0.52%
08/20/2003
|
Karen Soucie
Choice Property Consultants
| |
|
11/07/2002
|
2 Bed
|
2 Bath
|
957 ft²
|
$109,900
2 Bed
2 Bath
957 ft²
|
$108,000
-1.73%
01/17/2003
|
Michael Parent
Parent Real Estate
| |
|
10/23/2000
|
2 Bed
|
2 Bath
|
956 ft²
|
$74,000
2 Bed
2 Bath
956 ft²
|
$70,000
-5.41%
12/26/2000
|
Roald Olsen
Trust Better Homes
| |
|
07/26/2000
|
2 Bed
|
2 Bath
|
800 ft²
|
$64,900
2 Bed
2 Bath
800 ft²
|
$59,000
-9.09%
11/17/2000
|
Ray Lopolito
Starterline
| |
|
09/08/1998
|
2 Bed
|
2 Bath
|
956 ft²
|
$44,900
2 Bed
2 Bath
956 ft²
|
$43,900
-2.23%
12/08/1998
|
Fran Lekstrom
Coldwell Banker Realty - Worcester
| |
|
05/13/1994
|
2 Bed
|
2 Bath
|
930 ft²
|
$39,900
2 Bed
2 Bath
930 ft²
|
$35,000
-12.28%
07/26/1995
|
Gail Driscoll
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
|
Building Info
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