$755,000
●
Condo -
Off Market
74-B Grapevine Road #B
Gloucester, MA 01930
2 Beds
3 Baths,
1
Half Bath
2,110 Ft²
$1,338,326
RealtyHop Estimate
78.44%
Since Jul 1, 2005
National-US
Primary Model
About This Property
SITUATED ON GLOUCESTER'S ILLUSTRIOUS "BACK SHORE" THIS SOON TO BE
BUILT CONDO OFFERS OCEAN VIEWS AND PRIVACY. FLOOR PLANS AND SITE
PLANS ARE AVAILABLE.
Unit Size
2,110 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$355
Property Type
Condo
Property Taxes
-
HOA Dues
-
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 #30785619)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2005 | Sold | ||
| Sold | |||
| Oct 31, 2003 | Listed by Engel & Volkers By the Sea | $750,000 | |
| Listed by Engel & Volkers By the Sea | |||
Property Highlights
Air Conditioning
Garage
Parking Available
Interior Details
Level: First
Level: Second
Level: Second
Level: First
Level: Second
Level: Second
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Den, Central Vacuum
Appliances: Range, Oven, Dishwasher, Disposal, Gas Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Tile
Laundry Features: Second Floor
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Has Garage
Parking Features: Detached, Garage Door Opener, Storage, Off Street
Garage Spaces: 1
Exterior Details
Entry Level: 1
Year Built Source: Owner
Year Built Details: To Be Built
PropertySubType: Condominium
Building Name: Schooner Watch Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck, Covered
Lead Paint: None
Lot Size Area: 0.46
Lot Size Units: Acres
Lot Size Acres: 0.46
Zoning: R-2
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Utilities: for Gas Range
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
Community Features: Golf
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 |
|---|---|---|---|---|---|---|---|
|
04/29/2014
|
2 Bed
|
3 Bath
|
2110 ft²
|
$875,000
2 Bed
3 Bath
2110 ft²
|
$862,000
-1.49%
06/30/2014
|
Kenny MacCarthy
RE/MAX Advantage Real Estate
| |
|
11/10/2003
|
2 Bed
|
3 Bath
|
2110 ft²
|
$770,000
2 Bed
3 Bath
2110 ft²
|
$770,000
01/11/2005
|
Lisa Nestor
Coldwell Banker Realty - Topsfield
| |
|
10/31/2003
|
2 Bed
|
3 Bath
|
2110 ft²
|
$750,000
2 Bed
3 Bath
2110 ft²
|
$755,000
+0.67%
06/14/2005
|
Kristin Gynda Bedell
Engel & Volkers Gloucester
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017