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Gloucester 01930
16 Thurston Point Road
Photo of 16 Thurston Point Road
Sold on Nov 25, 2009

1

Map

$375,000
● House - Off Market

16 Thurston Point Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,651 Ft²
$824,019
RealtyHop Estimate
111.83%
Since Dec 1, 2009
National-US
Primary Model

About This Property

Beautifully remodeled and updated Cape in desirable Wheeler's Point Location. New kitchen with granite countertops, hardwood floors, stainless steel appliances and Viking stove.  First floor also has a large dining room with a stone fireplace, a living room, half bath, large mudroom and a family room/fourth bedroom. Basement offers a play room with a fireplace.  There are also decorative moldings, cast iron baseboard heat, a large deck and a great back yard for kids and deeded water access
Unit Size
1,651 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$236
Property Type
House
Property Taxes
$295
HOA Dues
-
Year Built
1959

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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 #70957718)

Price History

Date / Event Date Event Price
Nov 25, 2009 Sold
Premium
Sold
Aug 6, 2009 Listed $389,000
Listed
Oct 15, 2002 Sold
Premium
Sold
Jul 22, 2002 Listed by Century 21 N. Shore By The Sea $359,000
Listed by Century 21 N. Shore By The Sea
DESIRABLE AREA.. WELL MAINTAINED 4 BEDROOM CAPE ON WONDERFUL LOT. OPENED KICTHEN W/SUN PORCH & DECK. FAMILY ROOM OR OFFICE. FULLL BASEMENT, CITY SEWER. ACCESS TO ANNISQUAM RIVER.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 864
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,180
  • Total Building Area: 1,464
  • Gross Building Area: 3,405
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000142
  • 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: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0097 B:0007 L:0000
  • Block: 7
  • Municipality: GLOUCESTER
  • Latitude: 42.6354
  • Longitude: -70.6824

    Address

  • Full Address: 16 Thurston Point Rd
  • Address - House Number: 16
  • Address - Street Name: Thurston Point
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C017
  • 4-Digit Zip Code: 1616
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $590,500

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 675,248
  • High Value: 788,915
  • Low Value: 561,581

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $606,900
  • Assessed Land Value: $200,500
  • Assessed Improvements Value: $406,400

    Sales

  • Current Sale Recording Date: Nov 25, 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70957718

Frequently Asked Questions

When was property at 16 Thurston Point Road built and last sold?
The property at 16 Thurston Point Road was built in 1959 and last sold on Jan 1, 1970 for $375,000.
How much is this home worth?
The estimated value of the home located at 16 Thurston Point Road is $415,797.
What are some comparable homes to 16 Thurston Point Road?
There are currently no comparable homes to 16 Thurston Point Road.
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