$99,000
●
Condo -
Off Market
7 Gibbs St #4
Worcester, MA 01607
2 Beds
2 Baths
957 Ft²
$149,761
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Great condo for owner owner occupied or investor. Rent is on
average $1200-1250. Fresh paint throughout. All appliances
included. Granite countertops and soft close cabinets. In unit
Washer/Dryer hookup. Master bedroom with walk in closet. Deeded
parking space. Centrally located area to all amenities. Next to all
major routes 20, 146 and the Mass Pike. Owner will contribute $2500
to buyer toward closing costs! Storage space in basement.
Don't miss out on this great investment opportunity.
Unit Size
957 Ft²
Days on Market
-
Land Size
-
Price per sqft
$103
Property Type
Condo
Property Taxes
$142
HOA Dues
$277
Year Built
1988
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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 #72354300)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Keller Williams Pinnacle MetroWest | $242,000 | |
| Listed by Keller Williams Pinnacle MetroWest | |||
   | |||
|
Step into this inviting ground-level condo, where comfort meets convenience! This updated 2-bedroom, 2 full bathroom unit offers affordable, hassle-free living! Inside, you'll find a thoughtfully designed layout with nearly 1,000 sqft of updated space. The kitchen shines with sleek granite countertops, upgraded, soft-close cabinetry and a full suite of stainless Samsung appliances—brand new in 2023. Living/dining area with luxury vinyl floors. Main BR offers a private sanctuary with its own en suite bathroom and walk-in closet. 2nd bedroom and bathroom with stacked laundry for added convenience. The ground-level entry and covered porch simplify everything from unloading groceries to enjoying your morning coffee. Off-street parking with marked visitor spots. Plus, the condo fee takes care of all maintenance + snow removal, offering peace of mind and predictable expenses. Located for ultimate convenience with easy access to commuter routes and the best of Worcester's vibrant amenities
| |||
| Mar 30, 2023 | Sold | ||
| Sold | |||
| Jan 31, 2023 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Interior Details
Level: First
Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Level: First
Features: Bathroom - With Shower Stall
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Wall to Wall Carpet
Level: First
Features: Bathroom - With Tub & Shower
Level: First
Features: Bathroom - 3/4, Flooring - Wall to Wall Carpet
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Yes
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator, Electric Water Heater, Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Carpet
Laundry Features: First Floor, In Unit
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Groveland Gardens
Structure Type: Garden, Mid-Rise
Stories (Total): 2
Building Area Units: Square Feet
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: res
Parcel Number: M:31 B:016 L:0704, 1790009
Water Source: Public
Financial Details
Tax Assessed Value: $90,400
Tax Annual Amount: $1,709
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $277
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Professional - Off Site
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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