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Gloucester 01930
1168 Washington St
$730,000
● House - Off Market

1168 Washington St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,978 Ft²
$778,989
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Welcome to this lovely spacious Cape-style home in Lanesville. Enjoy greeting your visitors from the gracious covered front-porch entry. The country-kitchen provides generous space for storage, food-prep and dining. The light flows in through the sliding door that leads to the deck and back yard. Both the living room and family room are good size. There's a bath with shower and washer/dryer on first floor. Upstairs are three bedrooms and a full bath. This home provides ample storage with a full basement, attic and attached garage. You won't want to miss this one!
Unit Size
1,978 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$379
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
2001

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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 #73016162)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by Churchill Properties $749,000
Listed by Churchill Properties

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 1,120
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,797
  • Total Building Area: 1,978
  • Gross Building Area: 4,422
  • Building Area: 1,978
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,978
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000271
  • 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:0151 B:0047 L:0000
  • Block: 47
  • Municipality: GLOUCESTER
  • Latitude: 42.6799
  • Longitude: -70.6487

    Address

  • Full Address: 1168 Washington St
  • Address - House Number: 1168
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C020
  • 4-Digit Zip Code: 1054
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $759,900

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 825,538
  • High Value: 957,095
  • Low Value: 693,982

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $781,000
  • Assessed Land Value: $240,800
  • Assessed Improvements Value: $540,200

    Sales

  • Current Sale Contract Date: Sep 15, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 255
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# 73016162

Frequently Asked Questions

When was property at 1168 Washington Street built and last sold?
The property at 1168 Washington Street was built in 2001 and last sold on Sep 15, 2022 for $730,000.
How much is this home worth?
The estimated value of the home located at 1168 Washington Street is $768,547.
What are some comparable homes to 1168 Washington Street?
There are currently no comparable homes to 1168 Washington Street.
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