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Gloucester 01930
18 Trask St
$376,000
● House - Off Market

18 Trask St

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,906 Ft²
$407,052
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

This 4 Bedroom, 1.5 bathroom single family home has 1906 square feet of living space and a 6970 square-foot lot. Located a 5-minute walk to the Commuter Rail and the Gloucester Crossing shopping plaza, 10-minute walk to Good Harbor Beach and a 15-minute drive to Wingaersheek Beach. Will not qualify for FHA. Cash buyers preferred. This used to be a 2-Family decades ago. It was converted into a single family. Attic of 881 square feet is not included in the square footage. This would be a 2900-square foot house with a finished attic. House is in need of major renovation.
Unit Size
1,906 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$168
Property Type
House
Property Taxes
$386
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: 4 years ago (MLSPIN #72769140)

Price History

Date / Event Date Event Price
Feb 8, 2021 Sold
Premium
Sold
Dec 24, 2020 Listed by RE/MAX 360 $320,000
Listed by RE/MAX 360

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 3
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 905
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Total Building Area: 3,898
  • Gross Building Area: 6,580
  • Building Area: 3,898
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,898
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000164
  • Standard Land Use Code: 1102
  • County Land Use Code: 105

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221400

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0028 B:0092 L:0000
  • Block: 92
  • Municipality: GLOUCESTER
  • Latitude: 42.6205
  • Longitude: -70.6607

    Address

  • Full Address: 18 Trask St
  • Address - House Number: 18
  • Address - Street Name: Trask
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2836
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $910,800

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 634,201
  • High Value: 751,612
  • Low Value: 516,791

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $936,100
  • Assessed Land Value: $144,500
  • Assessed Improvements Value: $791,600

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210208005730
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

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 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 years ago
Data Source: MLS PIN, MLS# 72769140

Frequently Asked Questions

When was property at 18 Trask Street built and last sold?
The property at 18 Trask Street was built in 1900 and last sold on Feb 5, 2021 for $376,000.
How much is this home worth?
The estimated value of the home located at 18 Trask Street is $362,118.
What are some comparable homes to 18 Trask Street?
There are currently no comparable homes to 18 Trask Street.
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