$287,000
●
Condo -
Off Market
7B Glenmere Ave #2
Gloucester, MA 01930
2 Beds
1 Bath
1,000 Ft²
$706,852
RealtyHop Estimate
146.29%
Since Oct 1, 2002
National-US
Primary Model
About This Property
BRAND NEW 1,000 SF, ONE LEVEL CONDOMINIUM WITH TWO CAR GARAGE.
DECK, FULLY APPLIANCED KITCHEN. SEWER PRIVILEDGE FEE OF
$7,027 BY BUYER WOLF HILL ASSOC MEM BERSHIP POSSIBLE.
POTENTIAL FOR RIVER ACCESS.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$287
Property Type
Condo
Property Taxes
-
HOA Dues
$125
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 #30554039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2002 | Sold | ||
| Sold | |||
| Jul 3, 2002 | Sold | ||
| Sold | |||
| May 13, 2002 | Listed by North Shore's Gold Coast Realty | $289,000 | |
| Listed by North Shore's Gold Coast Realty | |||
| | |||
|
1000 SF ONE LEVEL CONDOMINIUM NEARING COMPLETION. TWO BEDROOM, SPACIOUS LR 2-CAR GARAGE AND DECK. SEWER BETTERMENT BEING ASSUMED BY UNIT OWNER(UNDER $8000.).WOLF HILL MEMBER- SHIP POSSIBLE.POTENTIAL FOR ACCESS TO ANNISQUAM RIVER.
| |||
| Oct 19, 2001 | Listed by RE/MAX 360 | $287,000 | |
| Listed by RE/MAX 360 | |||
Property Highlights
Garage
Parking Available
Interior Details
Level: First
Width: 11
Length: 13
Area: 143
Level: First
Features: Flooring - Wall to Wall Carpet
Width: 12
Length: 10
Area: 120
Features: Bathroom - Full
Level: First
Length: 17
Level: First
Area: 221
Features: Flooring - Wall to Wall Carpet
Width: 13
Features: Flooring - Wall to Wall Carpet
Level: First
Length: 14
Width: 12
Area: 168
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Gas Water Heater
Flooring Type: Wood, Vinyl, Carpet
Laundry Features: First Floor
Rooms: 4
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Off Street
Garage Spaces: 2
Exterior Details
Entry Level: 1
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Building Name: Seven Glenmere Condominium Trust
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Lead Paint: None
Lot Size Area: 0.63
Lot Size Units: Acres
Lot Size Acres: 0.63
Zoning: R2
Parcel Number: 4298328
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: None
Heating Type: Central, Forced Air, Natural Gas, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Snow Removal
HOA Fee: $125
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 |
|---|---|---|---|---|---|---|---|
|
08/23/2023
|
3 Bed
|
2 Bath
|
1667 ft²
|
$610,000
3 Bed
2 Bath
1667 ft²
|
$612,000
+0.33%
10/10/2023
|
Druann Jedrey
Leading Edge Real Estate
| |
|
09/21/2010
|
2 Bed
|
1 Bath
|
1008 ft²
|
$299,500
2 Bed
1 Bath
1008 ft²
|
-
-
|
Patricia Martin
Conway - Plymouth
| |
|
04/14/2006
|
3 Bed
|
2 Bath
|
2000 ft²
|
$349,000
3 Bed
2 Bath
2000 ft²
|
$340,000
-2.58%
07/31/2006
|
Michele Allison-Elwell
Churchill Properties
| |
|
05/13/2002
|
2 Bed
|
1 Bath
|
1000 ft²
|
$289,000
2 Bed
1 Bath
1000 ft²
|
$289,000
07/03/2002
|
Mary Brancaleone
Coldwell Banker Residential Brokerage - Gloucester
| |
|
10/19/2001
|
2 Bed
|
1 Bath
|
1000 ft²
|
$287,000
2 Bed
1 Bath
1000 ft²
|
$287,000
09/23/2002
|
Ruth Pino
RE/MAX 360
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017