$265,000
●
Condo -
Off Market
8 Shepherd Street #8
Gloucester, MA 01930
3 Beds
2 Baths,
1
Half Bath
1,395 Ft²
$521,760
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model
About This Property
BACK ON MARKET DUE TO FINANCING..New Construction luxury townhouse
in the heart of the up and coming Gloucester! This central location
is within walking distance to downtown shops, the waterfront,
commuter rail to Boston and has easy access to highways as well.
Your back deck overlooks Burnham Field which is underway for a
large scale renovation from the city, and your private, off street,
parking area and yard. This unit lives like a single family home
and features an open floor plan which makes it feel even bigger!
There is also roughly 700sqft of unfinished space in the basement
with big possibilities!
Unit Size
1,395 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$201
Property Type
Condo
Property Taxes
$833
HOA Dues
$140
Year Built
2014
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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 #71666839)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2014 | Sold | ||
| Sold | |||
| Apr 23, 2014 | Listed by Wellsco, LLC | $279,900 | |
| Listed by Wellsco, LLC | |||
Property Highlights
Air Conditioning
Parking Available
Interior Details
Width: 12
Length: 13
Area: 156
Width: 12
Length: 16
Area: 192
Length: 14
Area: 196
Width: 14
Width: 10
Length: 12
Area: 120
Width: 10
Length: 12
Area: 120
Length: 14
Width: 13
Area: 182
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Tank Water Heaterless, Utility Connections for Gas Range
Flooring Type: Wood
Laundry Features: In Unit
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: Y
Parking Details
Parking Features: Off Street
Exterior Details
Entry Level: 1
Year Built Source: Builder
Year Built Details: Actual
PropertySubType: Condominium
Structure Type: Townhouse, House
Stories (Total): 2
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Modular
Lead Paint: None
Lot Size Area: 0.19
Lot Size Units: Acres
Lot Size Acres: 0.19
Zoning: R-5
Water Source: Public
Financial Details
Tax Assessed Value: $9,999
Tax Annual Amount: $9,999
Utilities Details
Utilities: for Gas Range
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $140
Community Features: Public Transportation, Shopping, Park, Golf, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Pets Allowed: Yes
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 |
|---|---|---|---|---|---|---|---|
|
04/23/2014
|
3 Bed
|
2 Bath
|
1395 ft²
|
$279,900
3 Bed
2 Bath
1395 ft²
|
$265,000
-5.32%
10/27/2014
|
Ben Legare
Wellsco, LLC
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017