$124,900
●
Condo -
Off Market
7A Gibbs Street #7A9
Worcester, MA 01607
2 Beds
2 Baths
948 Ft²
$252,277
RealtyHop Estimate
101.98%
Since Aug 1, 2004
National-US
Primary Model
About This Property
Excellent 2 bedroom condo - move right in! Easy access to
Mass Pike, Rt 290, & Rt 146.
Unit Size
948 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$132
Property Type
Condo
Property Taxes
$93
HOA Dues
$166
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 #70050416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2004 | Sold | ||
| Sold | |||
| Jun 16, 2004 | Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | $124,900 | |
| Listed by Coldwell Banker Residential Brokerage - Worcester - Park Ave. | |||
Property Highlights
Parking Available
Air Conditioning
Garage
Parking Details
Has Garage
Attached Garage
Parking Features: Under
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Flooring Type: Vinyl, Carpet
Laundry Features: Electric Dryer Hookup
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 948
Security Features: Intercom
Year Built Source: Owner
Year Built: 1987
Building Name: Groveland Gardens Condominium Trust
Building Area Total: 948
Building Area Units: Square Feet
Window Features: Storm Window(s)
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Size Area: 0.38
Lot Size Units: Acres
Lot Size Acres: 0.38
Lot Size Square Feet: 16900
Tax Lot: 9
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 31
Tax Assessed Value: $75,800
Tax Annual Amount: $1,118
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Trash
HOA Fee: $166
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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