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Gloucester 01930
11R Colburn St
$600,000
● House - Off Market

11R Colburn St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,442 Ft²
$680,943
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Updated 3 BR Bay View Colonial located on quiet side street in move in condition! Famiily room with gas fireplace stove and French door leading to large patio. Modern bright and sunny kitchen with full ss appliances, loads of cabinet space and 3 person breakfast bar opens to dining room. Beautiful hardwood floors throughout! 1st floor laundry. Full basement with 2019 FHA oil heat system. Central Air! New main roof 2016. 4 car paved parking. Large garden shed and lovely landscaped lot with room to play and garden.  Short drive to Annisquam Village, Lanesville center shops, and Lane's Cove boating and fishing. Nearby Little Beach at end of street and beautiful Plum Cove Beach with it's gorgeous sunsets! Abuts City of Gloucester watershed land for privacy and close to Dogtown Common with it's hiking and biking trails.
Unit Size
1,442 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$413
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1920

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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 years ago (MLSPIN #72860365)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 6, 2021 Listed by Churchill Properties $595,000
Listed by Churchill Properties

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 616
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 14
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,320
  • Total Building Area: 1,442
  • Gross Building Area: 3,292
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000168
  • 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-40

Geography

  • Parcel: GLOU M:0157 B:0034 L:0000
  • Block: 34
  • Municipality: GLOUCESTER
  • Latitude: 42.6672
  • Longitude: -70.6634

    Address

  • Full Address: 11r Colburn St
  • Address - House Number: 11r
  • Address - Street Name: Colburn
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1273
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $578,500

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 727,237
  • High Value: 846,959
  • Low Value: 607,516

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $594,600
  • Assessed Land Value: $210,400
  • Assessed Improvements Value: $384,200

    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: 20210831005250
  • Previous Sale Recording Date: Oct 07, 2016
  • Previous Sale Document Type: 27
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:

$699,450

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1949 ft²

Average Home Age

77.5 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: 5 years ago
Data Source: MLS PIN, MLS# 72860365

Frequently Asked Questions

When was property at 11R Colburn Street built and last sold?
The property at 11R Colburn Street was built in 1920 and last sold on Aug 31, 2021 for $600,000.
How much is this home worth?
The estimated value of the home located at 11R Colburn Street is $609,073.
What are some comparable homes to 11R Colburn Street?
There are currently no comparable homes to 11R Colburn Street.
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