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Gloucester 01930
1 Brookfield Drive
$699,000
● House - Off Market

1 Brookfield Drive

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,260 Ft²
$1,031,190
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

PRICED TO SELL . EXCLUSIVE PRIVATE WINGAERSHEEK(COFFINS) BEACH COMMUNITY JUST IN TIME FOR SUMMER. EASY ACCESS TO THE DEEDED 1.5 MILES OF SUGAR WHITE SAND. A YEAR-ROUND HOME ON A SMALL CUL DE SAC.  FIRST LEVEL IS AN OPEN CONCEPT LIVING ROOM, DINING ROOM, KITCHEN A FAMILY ROOM WITH A FIRE PLACE AND OPENS TO A DECK AND LARGE BACK YARD. THE SECOND LEVEL HAS A MASTER BEDROOM WITH CATHEDRAL CEILINGS AND BATH. THE THIRD LEVEL HAS 2 BEDROOMS AND FULL BATH AND A BONUS ROOM( DEN OR STUDY). THE HOUSE HAS AN ATTACHED 2 CAR GARAGE AND FULL BASEMENT. FIRST SHOWING AT OPEN HOUSE SUNDAY APRIL 7 FROM 12-2 PM.
Unit Size
2,260 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$309
Property Type
House
Property Taxes
$709
HOA Dues
$38
Year Built
1996

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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 #72477488)

Price History

Date / Event Date Event Price
May 22, 2019 Sold
Premium
Sold
Apr 5, 2019 Listed by Kip Penney REALTORS® $699,000
Listed by Kip Penney REALTORS®
Oct 30, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,048
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,274
  • Total Building Area: 2,260
  • Gross Building Area: 4,479
  • Building Area: 2,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000902
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221902

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0254 B:0055 L:0000
  • Block: 55
  • Municipality: GLOUCESTER
  • Latitude: 42.6481
  • Longitude: -70.6963

    Address

  • Full Address: 1 Brookfield Dr
  • Address - House Number: 1
  • Address - Street Name: Brookfield
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1477
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $990,700

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,075,693
  • High Value: 1,246,310
  • Low Value: 905,077

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,018,200
  • Assessed Land Value: $378,400
  • Assessed Improvements Value: $639,800

    Sales

  • Current Sale Contract Date: May 20, 2019
  • Current Sale Recording Date: May 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190522001920
  • Previous Sale Recording Date: Oct 30, 1997
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gloucester

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72477488

Frequently Asked Questions

When was property at 1 Brookfield Drive built and last sold?
The property at 1 Brookfield Drive was built in 1996 and last sold on May 20, 2019 for $699,000.
How much is this home worth?
The estimated value of the home located at 1 Brookfield Drive is $730,004.
What are some comparable homes to 1 Brookfield Drive?
There are currently no comparable homes to 1 Brookfield Drive.
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