$294,000
●
Condo -
Off Market
81 Gloucester Avenue #2
Gloucester, MA 01930
2 Beds
2 Baths,
1
Half Bath
1,700 Ft²
$547,446
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model
About This Property
Brand New 2-3 Bedroom Townhouse Condominium with one car garage,
two additional off street parking spaces, and a nice level private
yard area. The first floor consists of spacious living room with
hardwood floors, a large kitchen/dining area with granite
countertops and stainless steel appliances, and a half bath/laundry
combo. Second floor has two good sized bedrooms and a full
bath. Finished basement provides possible third bedroom or
additional living area.
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$188
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
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 years ago (MLSPIN #70528272)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2016 | Sold | ||
| Sold | |||
| Aug 8, 2016 | Listed by Vadala Real Estate | $319,900 | |
| Listed by Vadala Real Estate | |||
| | |||
|
MOVE IN READY, beautiful 3 bedroom condominium in Central Gloucester, with 1.5 bathrooms is perfect for First Time Home Buyers, new families and young professionals. Close to public transportation, highway and all amenities including a short walk or drive to the beach. Private fenced in yard, parking for 1 car inside garage and at least 2 outside off-street parking spots. No Monthly Condo Fee. Built in 2006 and priced to sell!!!
| |||
| May 25, 2007 | Sold | ||
| Sold | |||
| Feb 20, 2007 | Listed by Daniel P. Vadala | $319,900 | |
| Listed by Daniel P. Vadala | |||
Property Highlights
Parking Available
Interior Details
Level: First
Width: 15
Length: 18
Features: Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid
Area: 270
Level: Second
Features: Bathroom - Full, Countertops - Stone/Granite/Solid
Level: Second
Width: 15
Length: 16
Area: 240
Features: Bathroom - Half, Countertops - Stone/Granite/Solid
Level: First
Length: 18
Level: First
Area: 270
Features: Flooring - Hardwood, Balcony / Deck
Width: 15
Level: Second
Length: 16
Width: 15
Area: 240
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater
Laundry Features: First Floor
Rooms: 4
Basement: Y
Parking Details
Has Garage
Attached Garage
Parking Features: Under, Off Street, Assigned, Guest
Garage Spaces: 1
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
Construction Materials: Modular
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Area: 0.12
Lot Size Units: Acres
Lot Size Acres: 0.12
Zoning: R-4
Parcel Number: 1895868
Water Source: Public, City/Town Water, City/Town Sewer
Utilities Details
Cooling Type: None
Heating Type: Baseboard, Natural Gas
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Laundromat
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 |
|---|---|---|---|---|---|---|---|
|
08/08/2016
|
3 Bed
|
2 Bath
|
1296 ft²
|
$319,900
3 Bed
2 Bath
1296 ft²
|
$319,900
10/11/2016
|
Mark Ventimiglia
Vadala Real Estate
| |
|
02/20/2007
|
2 Bed
|
2 Bath
|
1700 ft²
|
$319,900
2 Bed
2 Bath
1700 ft²
|
$294,000
-8.10%
05/25/2007
|
Mark Ventimiglia
Vadala Real Estate
| |
|
10/16/2006
|
2 Bed
|
2 Bath
|
1440 ft²
|
$319,900
2 Bed
2 Bath
1440 ft²
|
$290,000
-9.35%
05/04/2007
|
Mark Ventimiglia
Vadala Real Estate
| |
|
02/21/2006
| |
Loft
|
-
|
-
|
$149,000
Loft
-
|
$135,000
-9.40%
08/28/2006
|
Lisa Carlson
Coldwell Banker Residential Brokerage - Gloucester
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017