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Gloucester 01930
18 Harrison Ave
$200,000
● House - Off Market

18 Harrison Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,477 Ft²
$341,930
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Price reduced, less than assessed value! Motivated seller. Don't miss this charming colonial on desirable street in East Gloucester. First floor features dining room with exposed original wood beams, living room, bathroom and eat-in kitchen. Extra room off kitchen with potential for a mudroom/office/playroom leads to level, fenced-in backyard perfect for children and pets. Second floor has master bedroom with walk-up attic, two more bedrooms and half bathroom. Full basement with interior access and plenty of storage space in attic. Close to Good Harbor Beach, schools, and Downtown Gloucester featuring harbor, shops, and restaurants. Easy access to route 128. New roof and water heater. Investors take note of rental potential. Property is being sold as is.
Unit Size
1,477 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$152
Property Type
House
Property Taxes
$285
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 #72413981)

Price History

Date / Event Date Event Price
Jan 28, 2019 Sold
Premium
Sold
Oct 22, 2018 Listed by Nest Real Estate $225,000
Listed by Nest Real Estate
Oct 7, 1993 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • 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: 552
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,412
  • Total Building Area: 1,316
  • Gross Building Area: 2,029
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0048 B:0018 L:0000
  • Block: 18
  • Municipality: GLOUCESTER
  • Latitude: 42.6212
  • Longitude: -70.6481

    Address

  • Full Address: 18 Harrison Ave
  • Address - House Number: 18
  • Address - Street Name: Harrison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C031
  • 4-Digit Zip Code: 1804
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $351,600

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 440,819
  • High Value: 525,025
  • Low Value: 356,614

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,400
  • Assessed Land Value: $152,200
  • Assessed Improvements Value: $209,200

    Sales

  • Current Sale Contract Date: Jan 24, 2019
  • Current Sale Recording Date: Jan 28, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190128003780
  • Previous Sale Recording Date: Oct 07, 1993
  • Previous Sale Amount: $68,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72413981

Frequently Asked Questions

When was property at 18 Harrison Avenue built and last sold?
The property at 18 Harrison Avenue was built in 1900 and last sold on Jan 24, 2019 for $200,000.
How much is this home worth?
The estimated value of the home located at 18 Harrison Avenue is $252,587.
What are some comparable homes to 18 Harrison Avenue?
There are currently no comparable homes to 18 Harrison Avenue.
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