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Gloucester 01930
20 Causeway Street
$600,000
● House - Off Market

20 Causeway Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,090 Ft²
$775,416
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

New Construction! Energy Efficient 3 bedroom 2 ½ bath cape set on a private .94-acre site. Featuring a side loading 2-car garage, first floor master bedroom with private bath and walk-in closet, open concept floor plan, office, hardwood floors throughout, custom kitchen with granite or quartz counters, central air, 2x6 construction, SS-appliances and vinyl siding for low exterior maintenance. Only a few minutes to Wingaersheek Beach, downtown Gloucester, MBTA and Rt 128.  Only one home left out of 3-home sites. Photos and virtual tour are examples of the 2 previously built and sold homes by same builder.   Builder can offer this home with a revised floor plan at a lower price point up to the rough framing stage. Still time to make changes.  Superb Craftsmanship!  Great Value!
Unit Size
2,090 Ft²
Days on Market
-
Land Size
0.94 acres
Price per sqft
$280
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 months ago (MLSPIN #72669844)

Price History

Date / Event Date Event Price
Nov 25, 2020 Sold
Premium
Sold
Jun 8, 2020 Listed by J. Barrett & Company $585,000
Listed by J. Barrett & Company
Feb 29, 2016 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,891
  • Total Building Area: 2,246
  • Gross Building Area: 4,480
  • Building Area: 2,246
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,246
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000939
  • 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: 221902

Zoning

  • Zoning: R-20

Geography

  • Account Number: 105373
  • Parcel: GLOU M:0234 B:0097 L:0000
  • Block: 97
  • Municipality: GLOUCESTER
  • Latitude: 42.6277
  • Longitude: -70.7062

    Address

  • Full Address: 20 Causeway St
  • Address - House Number: 20
  • Address - Street Name: Causeway
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2133
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $786,700

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 938,877
  • High Value: 1,087,176
  • Low Value: 790,577

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $808,500
  • Assessed Land Value: $217,000
  • Assessed Improvements Value: $591,500

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201125000470
  • Previous Sale Recording Date: Feb 29, 2016
  • Previous Sale Amount: $270,000
  • 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

1928 ft²

Average Home Age

77.9 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72669844

Frequently Asked Questions

When was property at 20 Causeway Street built and last sold?
The property at 20 Causeway Street was built in 2020 and last sold on Nov 13, 2020 for $600,000.
How much is this home worth?
The estimated value of the home located at 20 Causeway Street is $618,072.
What are some comparable homes to 20 Causeway Street?
There are currently no comparable homes to 20 Causeway Street.
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