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Gloucester 01930
16 Andrews Ct
$398,000
● House - Off Market

16 Andrews Ct

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$725,145
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

RARE NEW CONSTRUCTION in West Gloucester just minutes from Rte 128, close to the Essex line .  Move-in ready single level living offers 3 Bedrooms, 2 Baths and   bright & comfortable open kitchen/dining/living areas. Cleverly designed for expansion potential:  2nd floor attic is ready to become a grand master bedroom or large family room – already built-out with windows and roughed-in plumbing;  basement has full walkout with slider and windows;  plus roughed-in plumbing for a bathroom. The laundry hook-ups are in.  Set amongst granite outcroppings with trees all around; there is a level side yard for fun & games. More pictures to follow... Don't miss this opportunity!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$292
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2014

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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: 5 months ago (MLSPIN #71866904)

Price History

Date / Event Date Event Price
Oct 6, 2015 Sold
Premium
Sold
Jul 1, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $408,800
Listed by Coldwell Banker Residential Brokerage - Gloucester
Jul 15, 2014 Sold
Premium
Sold
Feb 3, 2014 Listed by Coldwell Banker Residential Brokerage - Gloucester $115,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7
  • Basement Area: 1,400
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,338
  • Total Building Area: 1,400
  • Gross Building Area: 4,420
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000375
  • 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-10

Geography

  • Account Number: 105653
  • Parcel: GLOU M:0237 B:0120 L:0000
  • Block: 120
  • Municipality: GLOUCESTER
  • Latitude: 42.6275
  • Longitude: -70.7477

    Address

  • Full Address: 16 Andrews Ct
  • Address - House Number: 16
  • Address - Street Name: Andrews
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C010
  • 4-Digit Zip Code: 2002
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $699,200

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 777,224
  • High Value: 901,037
  • Low Value: 653,410

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $718,600
  • Assessed Land Value: $175,800
  • Assessed Improvements Value: $542,800

    Sales

  • Current Sale Recording Date: Oct 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 455
  • Previous Sale Recording Date: Jul 15, 2014
  • Previous Sale Amount: $105,000
  • 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:

$699,000

Sale Price/ft²

$445

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2001 ft²

Average Home Age

81 years

Currently For Sale

87 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: 5 months ago
Data Source: MLS PIN, MLS# 71866904

Frequently Asked Questions

When was property at 16 Andrews Court built and last sold?
The property at 16 Andrews Court was built in 2014 and last sold on Jan 1, 1970 for $398,000.
How much is this home worth?
The estimated value of the home located at 16 Andrews Court is $427,398.
What are some comparable homes to 16 Andrews Court?
There are currently no comparable homes to 16 Andrews Court.
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