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Gloucester 01930
15 Cononicus Road
Photo of 15 Cononicus Road
Sold on May 3, 2005

1

Map

$299,000
● Land - Off Market

15 Cononicus Road

Gloucester, MA 01930
bedrooms
Studio
bathrooms
0 Bath
$539,997
RealtyHop Estimate
80.60%
Since Jun 1, 2005
National-US
Primary Model

About This Property

Building lot with spectacular year-round views of Little River!  Lots have frontage on Cononicus and extend 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 in this desirable West Gloucester neighborhood!  Conveniently located near the Little River public boat landing, the West Gloucester stop on the commuter rail and the Cape Ann Marina.  You could be in your new home by summer!
Unit Size
-
Days on Market
-
Land Size
0.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
$31
HOA Dues
-
Year Built
2007

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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 #70160729)

Price History

Date / Event Date Event Price
May 4, 2005 Sold
Premium
Sold
Mar 21, 2005 Listed $299,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 23
  • 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: 626
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,458
  • Total Building Area: 1,927
  • Gross Building Area: 3,652
  • Building Area: 1,927
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,927
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARY ELLEN DONOGHUE & BARBARA
  • Land Acres: 0000000607
  • 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:0005 L:0000
  • Block: 5
  • Municipality: GLOUCESTER
  • Latitude: 42.6193
  • Longitude: -70.6945

    Address

  • Full Address: 15 Cononicus Rd
  • Address - House Number: 15
  • 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: $946,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 937,642
  • High Value: 1,085,747
  • Low Value: 789,538

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $972,400
  • Assessed Land Value: $305,100
  • Assessed Improvements Value: $667,300

    Sales

  • Current Sale Recording Date: May 04, 2005
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1906 ft²

Average Home Age

79.6 years

Currently For Sale

89 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# 70160729

Frequently Asked Questions

When was property at 15 Cononicus Road built and last sold?
The property at 15 Cononicus Road was built in 2007 and last sold on Jan 1, 1970 for $299,000.
How much is this home worth?
The estimated value of the home located at 15 Cononicus Road is $301,990.
What are some comparable homes to 15 Cononicus Road?
There are currently no comparable homes to 15 Cononicus Road.
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