$186,000
●
Condo -
Off Market
7A Gibbs St #11
Worcester, MA 01607
2 Beds
2 Baths
956 Ft²
$181,453
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Offers due Sunday at 7pm. Welcome Home! This is your
opportunity to own a mint condition 2 bedroom, 2 full bath unit in
Groveland Gardens. Open concept Living Room and Dining Room
with balcony. Master Bedroom boasts gorgeous palladium window, huge
walk-in closet and master bath. Private storage unit in basement.
Laundry hook-ups in unit. One deeded off-street parking plus
visitor parking. Super commuter location, minutes to Rt 146, 20,
Mass Pike. Nothing left to do but move right in!.
Unit Size
956 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
Condo
Property Taxes
$149
HOA Dues
$288
Year Built
1988
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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: 5 years ago (MLSPIN #72940952)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by RE/MAX Executive Realty | $179,000 | |
| Listed by RE/MAX Executive Realty | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Features: Flooring - Hardwood
Level: First
Features: Flooring - Wall to Wall Carpet
Features: Flooring - Hardwood
Level: First
Features: Bathroom - Full, Cathedral Ceiling(s), Walk-In Closet(s)
Level: First
Level: First
Features: Flooring - Wall to Wall Carpet, Balcony / Deck, Slider
Features: Yes
Full Bathrooms: 2
Appliances: Range, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
Flooring Type: Carpet, Hardwood
Laundry Features: In Unit, Washer Hookup
Rooms: 5
Basement: Y
Parking Details
Parking Features: Deeded, Guest
Exterior Details
Entry Level: 3
Security Features: Intercom, TV Monitor
Year Built Source: Public Records
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Garden
Stories (Total): 1
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RES
Parcel Number: 1790015
Water Source: Public
Financial Details
Tax Map Number: 31
Tax Assessed Value: $117,500
Tax Annual Amount: $1,787
Utilities Details
Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Cooling Type: Wall Unit(s)
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Association Fee Frequency: Monthly
HOA Fee: $288
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access
Management: Professional - Off Site
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 |
|---|---|---|---|---|---|---|---|
|
02/09/2022
|
2 Bed
|
2 Bath
|
956 ft²
|
$179,000
2 Bed
2 Bath
956 ft²
|
$186,000
+3.91%
04/04/2022
|
Holly Hendricks
eXp Realty
| |
|
08/05/2004
|
2 Bed
|
2 Bath
|
948 ft²
|
$129,900
2 Bed
2 Bath
948 ft²
|
$129,000
-0.69%
09/22/2004
|
S. Elaine McDonald
RE/MAX Executive Realty
| |
|
06/16/2004
|
2 Bed
|
2 Bath
|
948 ft²
|
$124,900
2 Bed
2 Bath
948 ft²
|
$124,900
07/29/2004
|
Sandra Grzyb
Exit Beacon Pointe Realty
| |
|
11/08/2002
|
2 Bed
|
2 Bath
|
948 ft²
|
$109,900
2 Bed
2 Bath
948 ft²
|
$105,000
-4.46%
01/16/2003
|
Ross Condit
Coldwell Banker Residential Brokerage - Worcester - Shrewsbury St.
| |
|
07/18/2001
|
2 Bed
|
2 Bath
|
948 ft²
|
$79,900
2 Bed
2 Bath
948 ft²
|
$78,400
-1.88%
12/03/2001
|
Marcia Hastbacka
Coldwell Banker Realty - Worcester
| |
|
02/09/2001
|
2 Bed
|
2 Bath
|
956 ft²
|
$74,900
2 Bed
2 Bath
956 ft²
|
$74,900
08/01/2001
|
Jean Mantolesky
Old New England Realty
|
Building Info
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