$65,000
●
Condo -
Off Market
7-A Gibbs St #8A
Worcester, MA 01607
2 Beds
2 Baths
956 Ft²
$141,342
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model
About This Property
GREAT SHORT SALE OPPORTUNITY! 2 BED, 2 bath condo with lots of
storage. Washer / dryer in unit. Great commuter location
with easy access to 146, 290 and Mass Pike.
Unit Size
956 Ft²
Days on Market
-
Land Size
-
Price per sqft
$73
Property Type
Condo
Property Taxes
$121
HOA Dues
$193
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 #71455997)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2013 | Sold | ||
| Sold | |||
| Nov 9, 2012 | Listed by Keller Williams Realty Greater Worcester | $70,000 | |
| Listed by Keller Williams Realty Greater Worcester | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Parking Features: Off Street, Assigned
Interior Details
Full Bathrooms: 2
Interior Features: Central Vacuum
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Flooring Type: Tile, Carpet
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 4
Basement: Y
Exterior Details
Has Property Attached
Square Footage: 956
Square Footage Source: $0
Security Features: Security System, Intercom
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
Water Source: Public
Financial Details
Tax Assessed Value: $85,800
Tax Annual Amount: $1,457
Utilities Details
Cooling Type: Window Unit(s), 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, Road Maintenance
HOA/Condo/Coop Amenities: Storage
HOA Fee: $193
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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