$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: 4 months ago (MLSPIN #72940952)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by eXp Realty | $179,000 | |
| Listed by eXp Realty | |||
| Sep 27, 2002 | Sold | ||
| Sold | |||
| Jul 20, 2002 | Listed by Realty Executives of Assabet | $109,900 | |
| Listed by Realty Executives of Assabet | |||
| | |||
|
ABSOLUTELY MINT 2 BR, 2 FULL BATH GARDEN STYLE CONDO. TOP FLOOR UNIT. CATHEDRAL CEIL'G IN MBR. WALK-IN CLOSET. FRENCH DOORS TO BALCONY. BEAUTIFUL NEW CARPET & HARDWOODS. INCLUDES ALL APPLIANCES, WASHER/DRYER & 2 WALL A/C UNITS.
| |||
| Jan 24, 2002 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Parking Features: Deeded, Guest
Interior Details
Full Bathrooms: 2
Appliances: Range, Microwave, Refrigerator
Flooring Type: Carpet, Hardwood
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 5
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 956
Security Features: Intercom, TV Monitor
Year Built Source: Public Records
Year Built: 1988
Building Area Total: 956
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Units: Acres
Tax Lot: 7A
Water Source: Public
Financial Details
Tax Map Number: 31
Tax Assessed Value: $117,500
Tax Annual Amount: $1,787
Utilities Details
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
HOA Fee: $288
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 |
|---|---|---|---|---|---|---|---|
|
02/09/2022
|
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
| |
|
11/09/2012
|
2 Bed
|
2 Bath
|
956 ft²
|
$70,000
2 Bed
2 Bath
956 ft²
|
$65,000
-7.14%
04/23/2013
|
Central MA Homes
Keller Williams Realty Greater Worcester
| |
|
11/08/2002
|
2 Bed
|
2 Bath
|
948 ft²
|
$109,900
2 Bed
2 Bath
948 ft²
|
$105,000
-4.46%
01/16/2003
|
Gayle Prest
Mattei Realty
| |
|
07/20/2002
|
2 Bed
|
2 Bath
|
956 ft²
|
$109,900
2 Bed
2 Bath
956 ft²
|
$109,000
-0.82%
09/27/2002
|
Eric Svendsen
Realty Executives of Assabet
| |
|
06/24/2002
|
2 Bed
|
2 Bath
|
948 ft²
|
$96,500
2 Bed
2 Bath
948 ft²
|
$96,500
08/27/2002
|
Fran Lekstrom
Coldwell Banker Realty - Worcester
| |
|
09/17/2001
|
2 Bed
|
2 Bath
|
956 ft²
|
$84,900
2 Bed
2 Bath
956 ft²
|
$86,000
+1.30%
01/24/2002
|
Anna Allard
Re/max R. E. Professionals
|
Building Info
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