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Gloucester 01930
15 Millett St
$199,000
● House - Off Market

15 Millett St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,303 Ft²
$471,560
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model

About This Property

This is a charming 3 bedroom 2 1/2 bathroom centrally located home with 3+ car off street parking.  Great oversize windows allow for lots of natural sunlight throughout the living room, formal dining room, and eat-in kitchen.   There is additional living space in the finished basement, which is currently being used as a mini-bar area, home office, and laundry room.  Enjoy the spring and summer months in your Own fenced in courtyard. A Great Value!
Unit Size
1,303 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$168
Property Type
House
Property Taxes
$217
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 #71332151)

Price History

Date / Event Date Event Price
Jun 19, 2012 Sold
Premium
Sold
Jan 27, 2012 Listed by RE/MAX Advantage Real Estate $219,000
Listed by RE/MAX Advantage Real Estate
May 1, 1992 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 588
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,100
  • Total Building Area: 1,258
  • Gross Building Area: 2,363
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000071
  • 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: 221400

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0028 B:0060 L:0000
  • Block: 60
  • Municipality: GLOUCESTER
  • Latitude: 42.6192
  • Longitude: -70.6626

    Address

  • Full Address: 15 Millett St
  • Address - House Number: 15
  • Address - Street Name: Millett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2849
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $459,100

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 515,594
  • High Value: 611,661
  • Low Value: 419,526

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $471,800
  • Assessed Land Value: $118,100
  • Assessed Improvements Value: $353,700

    Sales

  • Current Sale Recording Date: Jun 19, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 01, 1992
  • Previous Sale Amount: $130,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71332151

Frequently Asked Questions

When was property at 15 Millett Street built and last sold?
The property at 15 Millett Street was built in 1900 and last sold on Jan 1, 1970 for $199,000.
How much is this home worth?
The estimated value of the home located at 15 Millett Street is $242,652.
What are some comparable homes to 15 Millett Street?
There are currently no comparable homes to 15 Millett Street.
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