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Gloucester 01930
16 Grove St
$309,000
● House - Off Market

16 Grove St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,082 Ft²
$488,962
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Charming 3 bedroom colonial close to town with easy access to route 128 and the commuter rail.  Large kitchen with ample cabinet space, plenty of light, stainless steel appliances and gas cooking.  The home has hardwood floors throughout and overhead lighting in each room.  Large level fenced in back yard perfect for entertaining.  New roof 2014, blown insulation 2014 and new water heater 2 months ago.  Large 1st floor laundry room with extra storage or potential office space. Short walk to Stage Fort Park and the ocean.
Unit Size
1,082 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$286
Property Type
House
Property Taxes
$277
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 #72238290)

Price History

Date / Event Date Event Price
Jan 2, 2018 Sold
Premium
Sold
Oct 4, 2017 Listed by Mariano Smith & Co. $309,900
Listed by Mariano Smith & Co.
May 30, 2014 Sold
Premium
Sold
Nov 12, 2004 Sold
Premium
Sold
Aug 31, 2004 Listed by Tony White Real Estate $319,000
Listed by Tony White Real Estate
WELL MAINTAINED, LOW MAINTENANCE COLONIAL. VINYL SIDED, VINYL WINDOWS, LOVELY FENCED YARD, PAVED DRIVE. PARKING FOR 3-4 CARS. NEAR ALL CONVENIENCES. MOVE-IN CONDITION.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 204
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,980
  • Total Building Area: 1,082
  • Gross Building Area: 1,518
  • Building Area: 1,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • 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: 221600

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0038 B:0026 L:0000
  • Block: 26
  • Municipality: GLOUCESTER
  • Latitude: 42.6197
  • Longitude: -70.6719

    Address

  • Full Address: 16 Grove St
  • Address - House Number: 16
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C002
  • 4-Digit Zip Code: 2612
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $417,600

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 500,957
  • High Value: 593,699
  • Low Value: 408,214

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $429,200
  • Assessed Land Value: $142,800
  • Assessed Improvements Value: $286,400

    Sales

  • Current Sale Recording Date: Jan 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180102003180
  • Previous Sale Recording Date: May 30, 2014
  • Previous Sale Amount: $260,000
  • 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:

$699,900

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72238290

Frequently Asked Questions

When was property at 16 Grove Street built and last sold?
The property at 16 Grove Street was built in 1900 and last sold on Jan 1, 1970 for $310,000.
How much is this home worth?
The estimated value of the home located at 16 Grove Street is $325,988.
What are some comparable homes to 16 Grove Street?
There are currently no comparable homes to 16 Grove Street.
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