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Gloucester 01930
199 Washington St
$355,000
● House - Off Market

199 Washington St

Gloucester, MA 01930
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,732 Ft²
$654,920
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

This Beautiful Turn-of-the-Century Victorian is situated in great location with easy access to downtown, harbor, train, restaurants, shopping and beaches. This home features beautiful wood floors throughout, original woodwork, and built-in cabinetry.  The formal living and dining rooms have fireplaces and bow windows, and the large eat-in kitchen has a butler's pantry. There are 5-6 bedrooms, 1.5 baths, plus a finished 3rd floor.  Updates include a new furnace, newly refinished wood floors and freshly painted.  Nice lot on corner lot with a detached garage.  This lovely home would be perfect for the growing family and would also make a wonderful Bed & Breakfast Inn or delightful summer home walking distance to the waterfront.
Unit Size
2,732 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$135
Property Type
House
Property Taxes
$336
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 #71842675)

Price History

Date / Event Date Event Price
Aug 28, 2015 Sold
Premium
Sold
May 25, 2015 Listed by The Martin Group, Inc. $369,000
Listed by The Martin Group, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 840
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,084
  • Gross Building Area: 3,745
  • Building Area: 2,084
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,084
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 221600

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0038 B:0070 L:0000
  • Block: 70
  • Municipality: GLOUCESTER
  • Latitude: 42.6195
  • Longitude: -70.673

    Address

  • Full Address: 199 Washington St
  • Address - House Number: 199
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C002
  • 4-Digit Zip Code: 2641
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $595,300

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 378,689
  • High Value: 451,174
  • Low Value: 306,203

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $611,800
  • Assessed Land Value: $131,600
  • Assessed Improvements Value: $480,200

    Sales

  • Current Sale Recording Date: Aug 28, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 767

    Financing

  • First Mortgage Financing Type: UNK
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 months ago
Data Source: MLS PIN, MLS# 71842675

Frequently Asked Questions

When was property at 199 Washington Street built and last sold?
The property at 199 Washington Street was built in 1900 and last sold on Jan 1, 1970 for $355,000.
How much is this home worth?
The estimated value of the home located at 199 Washington Street is $371,631.
What are some comparable homes to 199 Washington Street?
There are currently no comparable homes to 199 Washington Street.
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