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Gloucester 01930
12 Timberview Drive
$510,000
● House - Off Market

12 Timberview Drive

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,600 Ft²
$722,156
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

How would you like to live minutes away from local beaches, Gloucester's bustling downtown, schools, and much more? This lovely ranch is perfect for year-round entertaining, with an open floor plan, beautiful hardwood bamboo flooring throughout the main living area, and a finished basement with a fireplace. Not to mention a large backyard featuring a deck for summer night BBQs! This property also features a spacious kitchen with an island, granite countertops, and stainless steel appliances. Master bedroom has a walk-in closet and the bathroom comes outfitted with a whirlpool soaking tub. Great price for a wonderful home in a highly desirable location!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$194
Property Type
House
Property Taxes
$521
HOA Dues
-
Year Built
2003

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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 #72607481)

Price History

Date / Event Date Event Price
Mar 5, 2020 Sold
Premium
Sold
Jan 9, 2020 Listed by Churchill Properties $505,000
Listed by Churchill Properties
May 25, 2010 Sold
Premium
Sold
Apr 19, 2010 Listed by Churchill Properties $394,000
Listed by Churchill Properties

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,232
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,053
  • Total Building Area: 1,568
  • Gross Building Area: 3,328
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JANET E COONEY
  • Land Acres: 0000000460
  • 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: 221901

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0219 B:0181 L:0000
  • Block: 181
  • Municipality: GLOUCESTER
  • Latitude: 42.6146
  • Longitude: -70.6964

    Address

  • Full Address: 12 Timberview Dr
  • Address - House Number: 12
  • Address - Street Name: Timberview
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C024
  • 4-Digit Zip Code: 3302
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $644,700

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 745,649
  • High Value: 879,314
  • Low Value: 611,983

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $662,600
  • Assessed Land Value: $207,200
  • Assessed Improvements Value: $455,400

    Sales

  • Current Sale Contract Date: Mar 04, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200305001590
  • Previous Sale Recording Date: May 25, 2010
  • Previous Sale Amount: $377,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72607481

Frequently Asked Questions

When was property at 12 Timberview Drive built and last sold?
The property at 12 Timberview Drive was built in 2003 and last sold on Mar 4, 2020 for $510,000.
How much is this home worth?
The estimated value of the home located at 12 Timberview Drive is $558,044.
What are some comparable homes to 12 Timberview Drive?
There are currently no comparable homes to 12 Timberview Drive.
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