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Gloucester 01930
17 Montvale Avenue
$449,000
● House - Off Market

17 Montvale Avenue

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,884 Ft²
$837,984
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

This well built and expansive contemporary ranch is almost like new and offers a great open concept living area with the main level consisting of a living room with a wood stove, dining room and kitchen, two oversized kids bedrooms, a kids bath, and a impressive master with a cathedral ceiling, a walk in closet and a master bath with a new tiled shower, there is also an additional room on the second floor perfect for a play room, office or 4th bedroom, and the lower level offers an additional 872sf of living area currently as an in law apartment.  This property is built exceptionally well with many additional features and upgrades such as a security system, whole house music and intercom system, irrigation system, and generator.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$238
Property Type
House
Property Taxes
$345
HOA Dues
-
Year Built
1940

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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 #71744778)

Price History

Date / Event Date Event Price
Nov 5, 2014 Sold
Premium
Sold
Sep 17, 2014 Listed by Vadala Real Estate $449,000
Listed by Vadala Real Estate
Mar 31, 2000 Sold
Premium
Sold
Feb 15, 2000 Listed by Vadala Real Estate $159,900
Listed by Vadala Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 872
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,730
  • Total Building Area: 2,014
  • Gross Building Area: 3,940
  • Building Area: 2,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORWOOD AVE
  • Land Acres: 0000000109
  • 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: 221100

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0109 B:0062 L:0000
  • Block: 62
  • Municipality: GLOUCESTER
  • Latitude: 42.6332
  • Longitude: -70.6739

    Address

  • Full Address: 17 Montvale Ave
  • Address - House Number: 17
  • Address - Street Name: Montvale
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1826
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $659,100

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 663,501
  • High Value: 768,303
  • Low Value: 558,698

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $677,400
  • Assessed Land Value: $140,900
  • Assessed Improvements Value: $536,500

    Sales

  • Current Sale Recording Date: Nov 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 110500121
  • Previous Sale Recording Date: Mar 31, 2000
  • Previous Sale Amount: $153,500
  • Previous 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

1928 ft²

Average Home Age

77.9 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: 4 months ago
Data Source: MLS PIN, MLS# 71744778

Frequently Asked Questions

When was property at 17 Montvale Avenue built and last sold?
The property at 17 Montvale Avenue was built in 1940 and last sold on Jan 1, 1970 for $449,000.
How much is this home worth?
The estimated value of the home located at 17 Montvale Avenue is $479,969.
What are some comparable homes to 17 Montvale Avenue?
There are currently no comparable homes to 17 Montvale Avenue.
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