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Gloucester 01930
13 Cononicus Road
Photo of 13 Cononicus Road
Sold on May 17, 2007

1

Map

$275,000
● Land - Off Market

13 Cononicus Road

Gloucester, MA 01930
bedrooms
Studio
bathrooms
0 Bath
$511,680
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Building lot with spectacular year-round views of Little River!  Lot has frontage on Cononicus and extends to Uncas.  Fantastic panoramic views stretching from the A. Piatt Andrew Bridge to LePage's. Municipal sewer is to the lot.  Build your dream home or two-family in this desirable West Gloucester neighborhood!  Conveniently located near the Little River public boat launch, the West Gloucester stop on the commuter rail and the Cape Ann Marina.
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
Land
Property Taxes
$31
HOA Dues
-
Year Built
2014

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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: 4 months ago (MLSPIN #70160728)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
Mar 6, 2015 Sold
Premium
Sold
Nov 7, 2013 Sold
Premium
Sold
Sep 18, 2010 Listed by Coldwell Banker Residential Brokerage - Gloucester $269,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
This building lot has city sewer & water, building plans, permits and conservation approval. All of the difficult work has already been done for you. An amazing setting with views of the Annisquam River, the tranquility and setting will enable a buyer to build the home of their dreams or use the existing plans.
Mar 5, 2010 Listed by Coldwell Banker Residential Brokerage - Gloucester $269,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
This building lot has city sewer & water, building plans, permits and conservation approval. All of the difficult work has already been done for you. An amazing setting with views of the Annisquam River, the tranquility and setting will enable a buyer to build the home of their dreams or use the existing plans.
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,004
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,518
  • Total Building Area: 2,494
  • Gross Building Area: 4,703
  • Building Area: 2,494
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,494
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000471
  • 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: 221902

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0231 B:0006 L:0000
  • Block: 6
  • Municipality: GLOUCESTER
  • Latitude: 42.6192
  • Longitude: -70.6926

    Address

  • Full Address: 13 Cononicus Rd
  • Address - House Number: 13
  • Address - Street Name: Cononicus
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C024
  • 4-Digit Zip Code: 2402
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,178,900

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,269,384
  • High Value: 1,471,715
  • Low Value: 1,067,054

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,211,600
  • Assessed Land Value: $300,800
  • Assessed Improvements Value: $910,800

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220502003480
  • Previous Sale Recording Date: Mar 06, 2015
  • Previous Sale Amount: $712,500
  • Previous Sale Document Type: O
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# 70160728

Frequently Asked Questions

When was property at 13 Cononicus Road built and last sold?
The property at 13 Cononicus Road was built in 2014 and last sold on Apr 29, 2022 for $50,000.
How much is this home worth?
The estimated value of the home located at 13 Cononicus Road is $271,690.
What are some comparable homes to 13 Cononicus Road?
There are currently no comparable homes to 13 Cononicus Road.
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