$230,000
●
Condo -
Off Market
8 Brightside Ave #1
Gloucester, MA 01930
2 Beds
1 Bath
1,093 Ft²
$506,274
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model
About This Property
Spacious condo, 1/2 mile from Good Harbor Beach! Gas FP in living
room; large work island in kitchen; exclusive professionally
landscaped patio off kitchen (perfect for grilling or just sitting)
w/half storage shed and 2-car parking; 2nd bedroom now used as
dining room. Lower level has ample laundry/storage area,
den/media room, workout/office space, and basement workshop. Refrig
& dishwasher are new. Direct TV installed but not in use.
Lots of space, convenient location, what could be better.
Unit Size
1,093 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
Condo
Property Taxes
$161
HOA Dues
$145
Year Built
1900
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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 #70967290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2009 | Sold | ||
| Sold | |||
| Aug 28, 2009 | Listed by RE/MAX 360 | $239,000 | |
| Listed by RE/MAX 360 | |||
| Jan 7, 2006 | Sold | ||
| Sold | |||
| Jul 19, 2005 | Listed | $259,000 | |
| Listed | |||
 | |||
|
Beautifully renovated Condo in desirable East Gloucester. Living room with gas fireplace, great kitchen, large master bedroom-additional living area in lower level. A short walk to the sands of Good Harbor Beach & Bass Rocks Golf Club. Off street parking.
| |||
Property Highlights
Parking Available
Interior Details
Level: First
Width: 12
Length: 12
Features: Ceiling Fan(s)
Area: 144
Level: First
Level: First
Width: 13
Length: 13
Area: 169
Length: 14
Level: First
Area: 210
Features: Ceiling Fan(s), Flooring - Hardwood
Width: 15
Features: Ceiling Fan(s), Flooring - Hardwood
Level: First
Length: 12
Width: 13
Area: 156
Length: 11
Level: Basement
Area: 132
Features: Flooring - Wall to Wall Carpet
Width: 12
Features: No
Full Bathrooms: 1
Interior Features: Office, Den, Other
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Gas Water Heater, Utility Connections for Electric Range
Flooring Type: Wood, Vinyl, Carpet, Flooring - Wall to Wall Carpet
Laundry Features: In Basement
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street, Tandem
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 6-8 Brightside Avenue Condominium
Structure Type: Townhouse
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Patio
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: R3
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 55
Tax Assessed Value: $201,700
Tax Annual Amount: $1,936
Utilities Details
Utilities: for Electric Range
Cooling Type: None
Heating Type: Baseboard, Electric Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Maintenance Structure
HOA Fee: $145
Community Features: Public Transportation, Shopping, Golf, Medical Facility, Laundromat, Other
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Management: Owner Association
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 |
|---|---|---|---|---|---|---|---|
|
08/28/2009
|
2 Bed
|
1 Bath
|
1093 ft²
|
$239,000
2 Bed
1 Bath
1093 ft²
|
$230,000
-3.77%
11/12/2009
|
Kathleen Sullivan
Sullivan Realty Group
| |
|
07/19/2005
|
2 Bed
|
1 Bath
|
1475 ft²
|
$259,000
2 Bed
1 Bath
1475 ft²
|
$230,000
-11.20%
01/07/2006
|
Joan Oliver
Coldwell Banker Realty - Gloucester
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017