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Gloucester 01930
20 Concord Street
$390,000
● House - Off Market

20 Concord Street

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,570 Ft²
$700,666
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Updated and well maintained West Gloucester Ranch. New West Parish Elementary School a stone's throw away. Close to highway and commuter rail. Wingarsheek Beach only 2.75 mile up the road. Greenbelt hiking/walking trails near by. Features hardwood floors; fireplace and a new 15x15 sun-room with gas fireplace and slider to 11x19 deck. Partially finished basement with large screen TV and bar. Central air. Integrated gas generator keeps you powered. Built for future expansion with walk up attic. Private backyard with professional greenhouse. Separate cottage currently used as daycare could provide extra rental income or maybe space for home based business. Great storage in 15x17 barn.
Unit Size
1,570 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$252
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
-

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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 #71851088)

Price History

Date / Event Date Event Price
Oct 22, 2015 Sold
Premium
Sold
Jun 4, 2015 Listed by RE/MAX Advantage Real Estate $395,000
Listed by RE/MAX Advantage Real Estate
Jan 11, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • 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: 19,050
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000437
  • Standard Land Use Code: 1001
  • County Land Use Code: 109

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221902

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0229 B:0014 L:0000
  • Block: 14
  • Municipality: GLOUCESTER
  • Latitude: 42.6193
  • Longitude: -70.7099

    Address

  • Full Address: 20 Concord St
  • Address - House Number: 20
  • Address - Street Name: Concord
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C024
  • 4-Digit Zip Code: 2338
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $563,000

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 682,656
  • High Value: 791,592
  • Low Value: 573,719

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $578,600
  • Assessed Land Value: $204,100
  • Assessed Improvements Value: $374,500

    Sales

  • Current Sale Recording Date: Oct 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 287
  • Previous Sale Recording Date: Jan 11, 1988
  • Previous Sale Amount: $175,000
  • 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:

$699,000

Sale Price/ft²

$443

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2014 ft²

Average Home Age

81.4 years

Currently For Sale

96 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: 5 months ago
Data Source: MLS PIN, MLS# 71851088

Frequently Asked Questions

When was property at 20 Concord Street built and last sold?
The property at 20 Concord Street was built in and last sold on Jan 1, 1970 for $390,000.
How much is this home worth?
The estimated value of the home located at 20 Concord Street is $419,411.
What are some comparable homes to 20 Concord Street?
There are currently no comparable homes to 20 Concord Street.
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