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Gloucester 01930
137 Wheeler St.
$500,000
● House - Off Market

137 Wheeler St.

Gloucester, MA 01930
bedrooms
5 Beds
bathrooms
3 Baths
square feet
3,172 Ft²
$1,076,211
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

Wheeler's Point, classic Gambrel Cottage Style four bedroom three bath home with spacious rooms, natural woodwork and hardwood floors, living room with fireplace, river views and river access at Wheeler's Landing. This home also has a separate in-law Apt over the attached workshop and is listed as a two family with the Gloucester Assessor's Office.  SHOWINGS TO BEGIN  AT OPEN HOUSE   APR.  27  11:30-1
Unit Size
3,172 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$183
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1900

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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 #71667050)

Price History

Date / Event Date Event Price
Jun 10, 2014 Sold
Premium
Sold
Apr 22, 2014 Listed by Coldwell Banker Residential Brokerage - Gloucester $579,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 416
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,774
  • Total Building Area: 2,740
  • Gross Building Area: 4,324
  • Building Area: 2,740
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,740
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000385
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0100 B:0045 L:0000
  • Block: 45
  • Municipality: GLOUCESTER
  • Latitude: 42.6425
  • Longitude: -70.6802

    Address

  • Full Address: 137 Wheeler St
  • Address - House Number: 137
  • Address - Street Name: Wheeler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C017
  • 4-Digit Zip Code: 1670
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $936,700

    Appraisal Valuation

  • Standard Deviation: 0.1633
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,060,271
  • High Value: 1,233,510
  • Low Value: 887,033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $962,700
  • Assessed Land Value: $301,000
  • Assessed Improvements Value: $661,700

    Sales

  • Current Sale Recording Date: Jun 10, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 61000242
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# 71667050

Frequently Asked Questions

When was property at 137 Wheeler Street built and last sold?
The property at 137 Wheeler Street was built in 1900 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 137 Wheeler Street is $578,711.
What are some comparable homes to 137 Wheeler Street?
There are currently no comparable homes to 137 Wheeler Street.
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