38
Map
$2,300,000
●
Condo -
For Sale
70 Grapevine Road #B
Gloucester, MA 01930
3 Beds
2 Baths,
1
Half Bath
3,140 Ft²
$12,700
Est. Monthly
0.96%
Cap Rate
About This Property
Schooner Watch - Wake up to gorgeous Atlantic Ocean views from this
exceptional condominium on Gloucester's highly sought-after Back
Shore. Perfectly positioned to enjoy the best of coastal living,
the property is just minutes from the Good Harbor Beach footbridge,
Niles Beach and the vibrant Rocky Neck Art Colony. Spend your days
exploring scenic shorelines and enjoying the ever-changing ocean
views. A quick drive brings you to bustling downtown Gloucester,
known for its fabulous restaurants, lively music scene, charming
shops and the renowned Cape Ann Museum. Whether used as a
year-round residence, weekend retreat or seasonal escape, this
special home offers an ideal blend of natural beauty, culture and
convenience. Beverly Regional Airport is approximately 22 minutes
away, making travel easy while keeping you close to everything that
makes Cape Ann so extraordinary.
Unit Size
3,140 Ft²
Days on Market
-
Land Size
-
Price per sqft
$732
Property Type
Condo
Property Taxes
$1,406
HOA Dues
-
Year Built
-
Listed By
Brackett Janis Group
Engel & Volkers By the Sea
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 months ago (MLSPIN #73552296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 20, 2026 | Listed by Engel & Volkers By the Sea | $2,300,000 | |
| Listed by Engel & Volkers By the Sea | |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Feb 1, 2020 | Listed by Engel & Volkers By the Sea | $1,279,000 | |
| Listed by Engel & Volkers By the Sea | |||
| | |||
|
LIGHT, BRIGHT, AND AIRY. Like a dream vacation, this Back Shore home offers unobstructed views of the open Atlantic. Period details adorn the classic design which boasts every modern amenity. A decorator’s delight, every detail was considered in the renovation. Granite Chef’s kitchen with pantry and butler's dumbwaiter, Hardwood floors throughout, Master Bedroom en suite, walk-in cedar closet, fireplaced Living Room, 2-tiered deck with stunning views and retractable awnings. Simply one of the most beautiful homes to grace the North Shore coastline.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Detached, Storage, Deeded, Off Street, Paved
Garage Spaces: 1
Open Parking Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Entrance Foyer, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vacuum System
Flooring Type: Wood, Tile, Flooring - Stone/Ceramic Tile
Door Features: Insulated Doors
Laundry Features: Flooring - Stone/Ceramic Tile, Second Floor, In Building
Rooms: 7
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 3140
Year Built Source: Public Records
Year Built: 1900
Waterfront Features: Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building Area Total: 3140
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Deck - Roof
Lot Size Units: Acres
Water Source: Public
Financial Details
Tax Assessed Value: $1,812,400
Tax Annual Amount: $16,873
Utilities Details
Cooling Type: Central Air
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
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 |
|---|---|---|---|---|---|---|---|
|
02/01/2020
|
3 Bed
|
3 Bath
|
3140 ft²
|
$1,279,000
3 Bed
3 Bath
3140 ft²
|
$1,231,250
-3.73%
07/24/2020
|
Barbara Dugan
Engel & Volkers By The Sea
| |
|
05/29/2019
| |
3 Bed
|
3 Bath
|
3140 ft²
|
$1,375,000
3 Bed
3 Bath
3140 ft²
|
-
-
|
Barbara Dugan
Engel & Volkers By The Sea
|
|
08/08/2003
|
3 Bed
|
2 Bath
|
3146 ft²
|
$949,900
3 Bed
2 Bath
3146 ft²
|
$940,000
-1.04%
11/05/2004
|
Kristin Gynda Bedell
J. Barrett & Company
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017