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Gloucester 01930
1175 Washington St
$390,000
● House - Off Market

1175 Washington St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,699 Ft²
$922,224
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Amazingly tranquil setting w/ views overlooking stunning Quarry, beautiful private yard & conservation forest in Lanesville. This Antique Colonial offers high ceilings, Patina Pine floors, Brick Fireplace, 2 wood stoves, large Eat-in-Kitchen leading to Mahogany deck w/ Pergola. Formal Foyer, high ceilings, spacious Living Room w/ formal Dining area, 1st floor study or bdrm. Second floor offers tile bath, 3 bedrooms or fabulous studio, a must see. Walk to village, beach & Lane's Cove.
Unit Size
1,699 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$250
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1900

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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 #71289366)

Price History

Date / Event Date Event Price
May 31, 2012 Sold
Premium
Sold
Sep 19, 2011 Listed by Holly C & Co. Fine Homes $425,000
Listed by Holly C & Co. Fine Homes
Dec 16, 2002 Sold
Premium
Sold
Nov 12, 2002 Listed by Holly C & Co. Fine Homes $385,000
Listed by Holly C & Co. Fine Homes

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • 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: 11,050
  • Total Building Area: 1,591
  • Gross Building Area: 2,028
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LANESVILLE
  • Land Acres: 0000000254
  • 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:0044 L:0000
  • Block: 44
  • Municipality: GLOUCESTER
  • Latitude: 42.6791
  • Longitude: -70.6494

    Address

  • Full Address: 1175 Washington St
  • Address - House Number: 1175
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C020
  • 4-Digit Zip Code: 1050
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $651,600

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 731,826
  • High Value: 858,742
  • Low Value: 604,909

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $669,700
  • Assessed Land Value: $344,800
  • Assessed Improvements Value: $324,900

    Sales

  • Current Sale Recording Date: May 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Dec 16, 2002
  • Previous Sale Amount: $391,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71289366

Frequently Asked Questions

When was property at 1175 Washington Street built and last sold?
The property at 1175 Washington Street was built in 1900 and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 1175 Washington Street is $450,111.
What are some comparable homes to 1175 Washington Street?
There are currently no comparable homes to 1175 Washington Street.
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