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Gloucester 01930
18 Burnham
$279,000
● House - Off Market

18 Burnham

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,226 Ft²
$526,430
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

**CALLING FOR HIGHEST AND BEST** Come home to your stylish, newly renovated, and gorgeous home!! Enjoy living in America's oldest seaport, walk to the marinas, restaurants, train to Boston and Burnham field directly across the street (recently funded for major renovation to the park). This home boats new finishes inside and out, maintenance free exterior, insulated windows, designer bathroom with soaker tub, chef's kitchen straight out of a magazine, and 4 bedrooms!! The backyard is perfect for those summer cookouts with friends, a new privacy fence and patio set the scene for your own private oasis in the heart of the city. (assessed value was done before the recent major renovation) Come check it out before it's gone!!
Unit Size
1,226 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$220
Property Type
House
Property Taxes
$190
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 #71569443)

Price History

Date / Event Date Event Price
Nov 22, 2013 Sold
Premium
Sold
Aug 14, 2013 Listed by Wellsco, LLC $269,900
Listed by Wellsco, LLC
Jun 26, 2013 Sold
Premium
Sold
May 15, 2013 Listed by Wellsco, LLC $99,000
Listed by Wellsco, LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 486
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,325
  • Total Building Area: 1,202
  • Gross Building Area: 1,960
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000053
  • 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: NB

Geography

  • Parcel: GLOU M:0029 B:0049 L:0000
  • Block: 49
  • Municipality: GLOUCESTER
  • Latitude: 42.6183
  • Longitude: -70.6615

    Address

  • Full Address: 18 Burnham St
  • Address - House Number: 18
  • Address - Street Name: Burnham
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2831
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $491,400

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 576,417
  • High Value: 676,527
  • Low Value: 476,307

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $505,000
  • Assessed Land Value: $114,400
  • Assessed Improvements Value: $390,600

    Sales

  • Current Sale Recording Date: Nov 22, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Jun 26, 2013
  • Previous Sale Amount: $111,500
  • 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

0.03%

Average Days on Market

56

Average Home Size

2014 ft²

Average Home Age

81.4 years

Currently For Sale

96 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# 71569443

Frequently Asked Questions

When was property at 18 Burnham Street built and last sold?
The property at 18 Burnham Street was built in 1900 and last sold on Jan 1, 1970 for $279,000.
How much is this home worth?
The estimated value of the home located at 18 Burnham Street is $286,603.
What are some comparable homes to 18 Burnham Street?
There are currently no comparable homes to 18 Burnham Street.
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