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Gloucester 01930
16 Brooks Road
Photo of 16 Brooks Road
Sold on Oct 19, 2009

1

Map

$490,000
● House - Off Market

16 Brooks Road

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
4 Baths
square feet
2,092 Ft²
$1,102,486
RealtyHop Estimate
110.00%
Since Nov 1, 2009
National-US
Primary Model

About This Property

Stunning 2005 Contemporary with open floor plan.  Large fireplaced master bedroom with mstr bath en suite and private deck. Lower level has excellent family/entertaining space.  Second floor features kitchen, dining area and fireplaced living room that flow easily into each other, plus a quiet den or office.  Mulitiple decks with distant views to the Annisquam River and beyond.  Deeded water rights to Jones Creek.  Approx. 1 mile to the white sands of Wingaersheek Beach.
Unit Size
2,092 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$251
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
2005

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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 #70941228)

Price History

Date / Event Date Event Price
Oct 21, 2009 Sold
Premium
Sold
Jun 30, 2009 Listed $525,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 462
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 2,071
  • Gross Building Area: 4,869
  • Building Area: 2,071
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,071
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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:0246 B:0008 L:0000
  • Block: 8
  • Municipality: GLOUCESTER
  • Latitude: 42.6386
  • Longitude: -70.7039

    Address

  • Full Address: 16 Brooks Rd
  • Address - House Number: 16
  • Address - Street Name: Brooks
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1565
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $825,200

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 935,043
  • High Value: 1,078,343
  • Low Value: 791,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $848,100
  • Assessed Land Value: $169,100
  • Assessed Improvements Value: $679,000

    Sales

  • Current Sale Recording Date: Oct 21, 2009
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70941228

Frequently Asked Questions

When was property at 16 Brooks Road built and last sold?
The property at 16 Brooks Road was built in 2005 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 16 Brooks Road is $555,383.
What are some comparable homes to 16 Brooks Road?
There are currently no comparable homes to 16 Brooks Road.
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