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Gloucester 01930
2 Carrigan Court
$620,000
● House - Off Market

2 Carrigan Court

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,482,863
RealtyHop Estimate
128.48%
Since Aug 1, 2003
National-US
Primary Model

About This Property

ARCHITECT DESIGNED, EXCEPTIONAL QUALITY, SHINGL STYLE HOME W/ HIGH CEILINGS, WOOD FLOORS. FLOOR TO CEILING GRANITE FIREPLACE, MASTER BEDROOM W/FIREPLACE, 2 CAR GARAGE & FULL BASEMENT.
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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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 #30694667)

Price History

Date / Event Date Event Price
Sep 30, 2020 Sold
Premium
Sold
Jul 1, 2003 Sold
Premium
Sold
Mar 4, 2003 Listed by Coldwell Banker Residential Brokerage - Gloucester $649,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 1,189
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,268
  • Total Building Area: 2,315
  • Gross Building Area: 4,375
  • Building Area: 2,315
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,315
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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:0123 B:0066 L:0000
  • Block: 66
  • Municipality: GLOUCESTER
  • Latitude: 42.6445
  • Longitude: -70.6696

    Address

  • Full Address: 2 Carrigan Ct
  • Address - House Number: 2
  • Address - Street Name: Carrigan
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1739
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,001,300

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,009,690
  • High Value: 1,169,838
  • Low Value: 849,543

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,029,100
  • Assessed Land Value: $234,500
  • Assessed Improvements Value: $794,600

    Sales

  • Current Sale Contract Date: Sep 23, 2020
  • Current Sale Recording Date: Sep 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 616834
  • Previous Sale Recording Date: Jul 01, 2003
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: 48
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:

$699,450

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1949 ft²

Average Home Age

77.5 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: 5 months ago
Data Source: MLS PIN, MLS# 30694667

Frequently Asked Questions

When was property at 2 Carrigan Court built and last sold?
The property at 2 Carrigan Court was built in 2002 and last sold on Sep 23, 2020 for $759,000.
How much is this home worth?
The estimated value of the home located at 2 Carrigan Court is $683,999.
What are some comparable homes to 2 Carrigan Court?
There are currently no comparable homes to 2 Carrigan Court.
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