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Gloucester 01930
10 Brooks Rd
$260,000
● House - Off Market

10 Brooks Rd

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,740 Ft²
$439,133
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

This three bedroom, two full bath home has deeded rights to Jones Creek and is only 1.5 miles to Wingaersheek Beach.  So if you like to kayak, or have a small dinghy or a canoe, bring it to the bottom of the hill and off you go!   The kitchen walks out to a patio area and you'll find yourself drawn to it for summer dinners and it's perfect for a fire pit area. You may want to update the kitchen and finish off what the owner started, but you'll be in your own home while doing it.  Showings will begin at open house Wednesday, June 29, 2016 from 5 - 7 pm
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$149
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72029710)

Price History

Date / Event Date Event Price
Aug 23, 2016 Sold
Premium
Sold
Jun 26, 2016 Listed by RE/MAX Advantage Real Estate $260,000
Listed by RE/MAX Advantage Real Estate
May 30, 2000 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Total Building Area: 1,740
  • Gross Building Area: 1,860
  • Building Area: 1,740
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRACE BAYSIDE CONDO
  • Land Acres: 0000000145
  • 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:0246 B:0005 L:0000
  • Block: 5
  • Municipality: GLOUCESTER
  • Latitude: 42.6379
  • Longitude: -70.703

    Address

  • Full Address: 10 Brooks Rd
  • Address - House Number: 10
  • Address - Street Name: Brooks
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1504
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $437,300

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 507,849
  • High Value: 600,051
  • Low Value: 415,648

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,400
  • Assessed Land Value: $128,800
  • Assessed Improvements Value: $320,600

    Sales

  • Current Sale Recording Date: Aug 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 397
  • Previous Sale Recording Date: May 30, 2000
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

1919 ft²

Average Home Age

80.1 years

Currently For Sale

90 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72029710

Frequently Asked Questions

When was property at 10 Brooks Road built and last sold?
The property at 10 Brooks Road was built in 2001 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 10 Brooks Road is $294,753.
What are some comparable homes to 10 Brooks Road?
There are currently no comparable homes to 10 Brooks Road.
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