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Gloucester 01930
1022 Washington Street
$367,000
● House - Off Market

1022 Washington Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,364 Ft²
$817,564
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Come see this lovely Lanesville jewel. Gutted to the studs, owner has made significant improvements:  New boiler and 220 electric installed in 2009. Detailed crown moldings, re-plastered walls, and new eat-in kitchen with bead board, farmers sink and professional cooks stove. State of the art white marble vanity and authentic claw foot tub complements the past without compromising the convenience of modern day living. Stunning hardwood in-lay floors featuring pine, maple and oak throughout home.
Unit Size
1,364 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$279
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1900

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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: 5 months ago (MLSPIN #71386537)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Aug 27, 2012 Sold
Premium
Sold
May 22, 2012 Listed by Coldwell Banker Residential Brokerage - Gloucester $379,900
Listed by Coldwell Banker Residential Brokerage - Gloucester
Jun 29, 2009 Sold
Premium
Sold
May 21, 2009 Listed by Coldwell Banker Residential Brokerage - Gloucester $260,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 682
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 1,476
  • Gross Building Area: 3,006
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000154
  • 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: 221100

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0141 B:0011 L:0000
  • Block: 11
  • Municipality: GLOUCESTER
  • Latitude: 42.6758
  • Longitude: -70.6617

    Address

  • Full Address: 1022 Washington St
  • Address - House Number: 1022
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1162
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,800

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 643,485
  • High Value: 750,320
  • Low Value: 536,650

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $614,400
  • Assessed Land Value: $235,800
  • Assessed Improvements Value: $378,600

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210831006030
  • Previous Sale Recording Date: Aug 27, 2012
  • Previous Sale Amount: $367,000
  • Previous Sale Document Type: O
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:

$699,000

Sale Price/ft²

$444

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2012 ft²

Average Home Age

80.8 years

Currently For Sale

92 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71386537

Frequently Asked Questions

When was property at 1022 Washington Street built and last sold?
The property at 1022 Washington Street was built in 1900 and last sold on Aug 31, 2021 for $543,000.
How much is this home worth?
The estimated value of the home located at 1022 Washington Street is $392,878.
What are some comparable homes to 1022 Washington Street?
There are currently no comparable homes to 1022 Washington Street.
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