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Gloucester 01930
23 High Street
$505,000
● House - Off Market

23 High Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,338 Ft²
$744,548
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Live by IPSWICH BAY! First showings start at OPEN HOUSE SAT 4/7/18 2:30-4:30 AND SUN 4/8/18 NOON-2PM.  Lovely 3 bedroom remodeled Colonial on a side street in walking distance to two beaches, kayaking, public landing, hiking trails/quarries and village. Updated open kitchen with soap stone counters and sink, 5 burner gas stove, built-in wine refrigerator and hemlock custom cabinets. French doors lead to spacious granite patio, mature plantings/flowers and great size yard. Full basement, off-street parking, and 2 blocks to Plum Cove Elementary School. The neighborhood of Lanesville is a sweet village in North Gloucester where the sunsets are the best in the world!
Unit Size
1,338 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$365
Property Type
House
Property Taxes
$383
HOA Dues
-
Year Built
1890

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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 #72304162)

Price History

Date / Event Date Event Price
May 18, 2018 Sold
Premium
Sold
Apr 3, 2018 Listed by RE/MAX Advantage Real Estate $489,000
Listed by RE/MAX Advantage Real Estate
Apr 15, 1998 Sold
Premium
Sold
Mar 20, 1996 Sold
Premium
Sold
Aug 29, 1995 Listed $137,000
Listed
3 BEDROOM COLONIAL SHORT WALK TO PLUM COVE BEACH. NEEDS A LITTLE COSMETIC UPDATING. HEAT NEW IN 1986. GREAT YARD. QUIET NEIGHBORHOOD.

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 640
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,086
  • Total Building Area: 1,292
  • Gross Building Area: 2,782
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000186
  • 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-20

Geography

  • Parcel: GLOU M:0154 B:0025 L:0000
  • Block: 25
  • Municipality: GLOUCESTER
  • Latitude: 42.676
  • Longitude: -70.6595

    Address

  • Full Address: 23 High St
  • Address - House Number: 23
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1148
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $611,200

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 648,649
  • High Value: 788,907
  • Low Value: 508,391

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,200
  • Assessed Land Value: $217,000
  • Assessed Improvements Value: $411,200

    Sales

  • Current Sale Recording Date: May 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180518001420
  • Previous Sale Recording Date: Apr 15, 1998
  • Previous Sale Amount: $146,000
  • 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

1906 ft²

Average Home Age

79.6 years

Currently For Sale

89 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# 72304162

Frequently Asked Questions

When was property at 23 High Street built and last sold?
The property at 23 High Street was built in 1890 and last sold on Jan 1, 1970 for $505,000.
How much is this home worth?
The estimated value of the home located at 23 High Street is $505,478.
What are some comparable homes to 23 High Street?
There are currently no comparable homes to 23 High Street.
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