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Home Massachusetts Gloucester Apartments

Gloucester 5 beds 3 baths - $12,500

$12,500/mo
5 Beds
3 Baths
Available: 09/15/2024
Gloucester, MA
28 Sleepy Hollow Rd, Gloucester, MA 01930
Listing courtesy of Aranson Maguire Group, Compass

Amenities & Apartment Information

Unit

Pet Friendly
Furnished Apartment
In-Unit Laundry

Property Description

AVAILABLE SEPT 15, 2024 THROUGH END OF MAY 2025 | This beachfront gem is situated on a prime stretch of Coffins beach, is fully furnished, and is ready for an off-season renter! No better place to bring family to end summer and settle in for the cooler months. The dunes are your living room decor and the waves are your personal sound machine. Boasting four bedrooms and two full bathrooms on the main level, there's room for everyone. The airy kitchen features paneled appliances, SubZero fridge, and large island for entertaining. The living and dining area gives 180-degree ocean views - not to mention it faces the north, so you never miss a sunrise or sunset. At the top of the stairs sits your secluded primary suite: Massive walk in closet w/ custom built-ins, tiled bathroom with double vanity, and sun-soaked primary bedroom flanked by a large office big enough for two. Finally, a sprawling deck off the primary lets you sit above the ocean and take in the view to your beach.

Price Comparison

The average rent price for 5 bedroom apartments in Gloucester is not available. There may be very few units like this currently on the market in Gloucester. Contact Boston Pads now to see this apartment or request a rental application.

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$454,545 - $600,000

You + 4 Roommates, Each:

$100,000 - $120,000
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$17,500

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Mid Range

25% of Gross Income

$12,500

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Low Range

15% of Gross Income

$7,500

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Have You Considered Buying
Your Own Home?

Instead of paying $12,500/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.