$440,000
●
Condo -
Off Market
7 Hillside Rd #2
Gloucester, MA 01930
3 Beds
1 Bath,
1
Half Bath
1,442 Ft²
$659,642
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Nestled on 2.5 acres of privacy with natural woodland views and
granite outcroppings, this spacious East Gloucester two story
townhouse is a wonderful blend of Old World Charm and modern
amenities.Original 1860 residence converted to spacious 3 bedroom
1.5 bath townhouse with spectacular modern Chef's kitchen with
stainless steel appliances, Viking cooktop, and custom office area.
Living Room offers 20' ceilings, wood burning Fireplace and Dutch
Door to deck. Formal or informal Dining area and breakfast
bar. Great open floor plan design for entertaining and gatherings.
Second floor offers three bedrooms, full bath and laundry. Original
detail with fluted molding, Pumpkin Pine patina flooring, excellent
condition, wonderful location. Bucolic private setting surrounded
by nature,
Unit Size
1,442 Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$312
Property Type
Condo
Property Taxes
$396
HOA Dues
$325
Year Built
1896
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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 #72342918)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2019 | Sold | ||
| Sold | |||
| Jun 9, 2018 | Listed by Holly C & Co. Fine Homes | $449,500 | |
| Listed by Holly C & Co. Fine Homes | |||
| | |||
|
Nestled on 2.5 acres of privacy with natural woodland views and granite outcroppings, this spacious East Gloucester two story townhouse is a wonderful blend of Old World Charm and modern amenities.Original 1860 residence converted to spacious 3 bedroom 1.5 bath townhouse with spectacular modern Chef's kitchen with stainless steel appliances, Viking cooktop, and custom office area. Living Room offers 20' ceilings, wood burning Fireplace and Dutch Door to deck. Formal or informal Dining area and breakfast bar. Great open floor plan design for entertaining and gatherings. Second floor offers three bedrooms, full bath and laundry. Original detail with fluted molding, Pumpkin Pine patina flooring, excellent condition, wonderful location. Bucolic private setting surrounded by nature,
| |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Central Vacuum
Appliances: Oven, Dishwasher, Trash Compactor, Microwave, Range, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
Flooring Type: Wood, Tile, Carpet
Door Features: French Doors, Insulated Doors
Laundry Features: Electric Dryer Hookup, In Unit, Washer Hookup, Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 1442
Year Built Source: Public Records
Year Built: 1896
Waterfront Features: Harbor, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Name: 5-7 Hillside Condominium
Building Area Total: 1442
Building Area Units: Square Feet
Window Features: Insulated Windows, Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Size Area: 2.5
Lot Size Units: Acres
Lot Size Acres: 2.5
Lot Size Square Feet: 108900
Tax Lot: 2
Water Source: Public
Financial Details
Tax Map Number: 83
Tax Assessed Value: $367,400
Tax Annual Amount: $4,750
Utilities Details
Cooling Type: Wall Unit(s)
Heating Type: Baseboard, Oil
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $325
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 |
|---|---|---|---|---|---|---|---|
|
06/09/2018
|
3 Bed
|
2 Bath
|
1442 ft²
|
$449,500
3 Bed
2 Bath
1442 ft²
|
$440,000
-2.11%
07/24/2019
|
Holly Chiancola
Holly C & Co. Fine Homes
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017