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Gloucester 01930
11 Hillside Rd
$501,000
● House - Off Market

11 Hillside Rd

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,224 Ft²
$1,135,681
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Fantastic value for this sparkling Contemporary with central air and radiant heat. Single level living with every amenity. Highest quality construction throughout.  Lower level has high ceilings, spacious rec room, full bar & 1/2 bath. Also, a legal 1 bedroom apartment with W/D, separate parking for 2 offers owners many options for extra income, family or private guest quarters.
Unit Size
3,224 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$164
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
2004

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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 #71350653)

Price History

Date / Event Date Event Price
Jul 25, 2012 Sold
Premium
Sold
Mar 13, 2012 Listed by J. Barrett & Company $529,000
Listed by J. Barrett & Company
Apr 9, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,799
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,830
  • Total Building Area: 1,799
  • Gross Building Area: 4,521
  • Building Area: 1,799
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,799
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221300

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0083 B:0051 L:0000
  • Block: 51
  • Municipality: GLOUCESTER
  • Latitude: 42.5997
  • Longitude: -70.6503

    Address

  • Full Address: 11 Hillside Rd
  • Address - House Number: 11
  • Address - Street Name: Hillside
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C023
  • 4-Digit Zip Code: 4247
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $931,200

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,108,729
  • High Value: 1,289,885
  • Low Value: 927,573

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $957,000
  • Assessed Land Value: $293,900
  • Assessed Improvements Value: $663,100

    Sales

  • Current Sale Recording Date: Jul 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 532780
  • Previous Sale Recording Date: Apr 09, 2004
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: 48
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

1928 ft²

Average Home Age

77.9 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# 71350653

Frequently Asked Questions

When was property at 11 Hillside Road built and last sold?
The property at 11 Hillside Road was built in 2004 and last sold on Jan 1, 1970 for $501,000.
How much is this home worth?
The estimated value of the home located at 11 Hillside Road is $590,482.
What are some comparable homes to 11 Hillside Road?
There are currently no comparable homes to 11 Hillside Road.
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