$75,000
●
Condo -
Off Market
7 Gibbs St #2A
Worcester, MA 01607
2 Beds
2 Baths
948 Ft²
$134,892
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Don't miss this great unit in a desirable complex. This condo
offers 948 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. Investors - take note!
At this reduced price, this 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
948 Ft²
Days on Market
-
Land Size
-
Price per sqft
$82
Property Type
Condo
Property Taxes
$182
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 years ago (MLSPIN #71946333)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2016 | Sold | ||
| Sold | |||
| Jan 5, 2016 | Listed by Dell Realty Associates | $77,500 | |
| Listed by Dell Realty Associates | |||
Property Highlights
Air Conditioning
Interior Details
Width: 8
Length: 8
Area: 64
Width: 7
Length: 8
Area: 56
Length: 10
Level: First
Area: 110
Width: 11
Width: 10
Length: 10
Area: 100
Length: 12
Width: 10
Area: 120
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Electric Water Heater
Flooring Type: Vinyl, Carpet
Rooms: 4
Basement: N
Parking Details
Has Garage
Attached Garage
Parking Features: Under
Garage Spaces: 1
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Mid-Rise
Stories (Total): 4
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: M:31 B:016 L:7A02, 1790007
Water Source: Public
Financial Details
Tax Assessed Value: $108,900
Tax Annual Amount: $2,186
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds
Association Fee Frequency: Monthly
HOA Fee: $269
Community Features: Public Transportation
Complex is Completed
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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