79 Mount Pleasant Avenue #2
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by RE/MAX 360 | $329,000 | |
| Listed by RE/MAX 360 | |||
| | |||
|
79 Mount Pleasant is a mix of charm and sophistication combined with tasteful modern updates. If you have been waiting for a spacious one bedroom condo that offers soaring ceilings, hardwood floors and an abundance of natural light, then your wait is over. A generous size living room with wide pine floors includes a bonus room just off the living room, which makes the perfect dedicated home office space. The roomy bedroom is bright and airy and even has an in-unit laundry in the closet, eliminating trips to the basement. Updated eat in kitchen and modern bath are both welcome upgrades. Greet or end the day on your private deck offering up views of the City of Gloucester & seasonal water views. Two car parking, storage space, common patio area, beautiful landscaping & low condo fee add to value. Fantastic East Gloucester location offering close proximity to Rocky Neck, Good Harbor Beach, Niles Beach, Bass Rocks and highway access. Showings begin at first open house on Thursday 4-6 PM.
| |||
| Dec 3, 2019 | Sold | ||
| Sold | |||
| Oct 17, 2019 | Listed by Cameron Prestige, LLC | $299,000 | |
| Listed by Cameron Prestige, LLC | |||
| Jul 6, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/11/2021
|
1 Bed
|
1 Bath
|
720 ft²
|
$329,000
1 Bed
1 Bath
720 ft²
|
$334,000
+1.52%
09/24/2021
|
M.A & Company
RE/MAX 360
| |
|
10/17/2019
|
1 Bed
|
1 Bath
|
720 ft²
|
$299,000
1 Bed
1 Bath
720 ft²
|
$297,000
-0.67%
12/03/2019
|
Bruce Figurido
Churchill Properties
| |
|
04/27/2018
|
1 Bed
|
1 Bath
|
720 ft²
|
$259,000
1 Bed
1 Bath
720 ft²
|
$258,000
-0.39%
07/06/2018
|
James N. Brown
ERA Morrison Real Estate
| |
|
02/16/2017
|
1 Bed
|
1 Bath
|
724 ft²
|
$249,000
1 Bed
1 Bath
724 ft²
|
$257,000
+3.21%
05/24/2017
|
Holly Chiancola
Holly C & Co. Fine Homes
| |
|
07/18/2016
|
1 Bed
|
1 Bath
|
940 ft²
|
$265,000
1 Bed
1 Bath
940 ft²
|
$258,000
-2.64%
04/28/2017
|
Holly Chiancola
Holly C & Co. Fine Homes
| |
|
07/16/2016
|
1 Bed
|
1 Bath
|
1000 ft²
|
$299,000
1 Bed
1 Bath
1000 ft²
|
$290,000
-3.01%
02/24/2017
|
Holly Chiancola
Holly C & Co. Fine Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017