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Gloucester 01930
16 Sayward Street
$395,000
● House - Off Market

16 Sayward Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,835 Ft²
$707,373
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

This beautifully renovated property sits conveniently located close to Good Harbor Beach, Rocky Neck, Bass Rocks Golf Course and Downtown Gloucester, and is just steps to a small playground and marina. The first floor has an open floor plan consisting of a gorgeous white kitchen, a dining area and a living room all with original hardwood floors.  There is also a half bath, a laundry room/pantry and a sun porch that would make a great sitting area or mudroom.  The second floor has three bedrooms and a full bath.  There is a large attic for storage and a finished room in the walkout basement, great for play room or home office.  There is a nice level backyard with a patio and a one car detached garage. This house offers the flexibility to be a family home or as a great second home near the beach.
Unit Size
1,835 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$228
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1900

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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 #72024204)

Price History

Date / Event Date Event Price
Sep 6, 2016 Sold
Premium
Sold
Jun 16, 2016 Listed by Vadala Real Estate $419,000
Listed by Vadala Real Estate
Sep 4, 2015 Sold
Premium
Sold
Jul 22, 2015 Listed by Vadala Real Estate $250,000
Listed by Vadala Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 828
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,875
  • Total Building Area: 1,239
  • Gross Building Area: 2,340
  • Building Area: 1,239
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,239
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000112
  • 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-10

Geography

  • Parcel: GLOU M:0054 B:0006 L:0000
  • Block: 6
  • Municipality: GLOUCESTER
  • Latitude: 42.6158
  • Longitude: -70.6467

    Address

  • Full Address: 16 Sayward St
  • Address - House Number: 16
  • Address - Street Name: Sayward
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C004
  • 4-Digit Zip Code: 3133
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $520,200

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 620,003
  • High Value: 722,939
  • Low Value: 517,066

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $534,600
  • Assessed Land Value: $142,000
  • Assessed Improvements Value: $392,600

    Sales

  • Current Sale Recording Date: Sep 06, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 387
  • Previous Sale Recording Date: Sep 04, 2015
  • 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:

$699,000

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1954 ft²

Average Home Age

78.7 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: 5 months ago
Data Source: MLS PIN, MLS# 72024204

Frequently Asked Questions

When was property at 16 Sayward Street built and last sold?
The property at 16 Sayward Street was built in 1900 and last sold on Jan 1, 1970 for $395,000.
How much is this home worth?
The estimated value of the home located at 16 Sayward Street is $444,240.
What are some comparable homes to 16 Sayward Street?
There are currently no comparable homes to 16 Sayward Street.
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