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Gloucester 01930
24 Bond Street
$885,000
● House - Off Market

24 Bond Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,252 Ft²
$2,295,705
RealtyHop Estimate
130.72%
Since Jul 1, 2003
National-US
Primary Model

About This Property

A LOVELY HILLTOP CONTEMPORARY ON 2.8 ACRES W/ PANORAMIC VIEWS OVERLOOKING THE CITY OF GLOUCESTER, GLOUCESTER HARBOR TEN POUND ISLAND. TOTAL PRIVACY. AN UNUSUAL GEM.
Unit Size
3,252 Ft²
Days on Market
-
Land Size
-
Price per sqft
$306
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1984

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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 #30665022)

Price History

Date / Event Date Event Price
Oct 16, 2020 Sold
Premium
Sold
Aug 24, 2020 Listed by Coldwell Banker Residential Brokerage - Gloucester $1,749,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Jun 26, 2003 Sold
Premium
Sold
Nov 4, 2002 Listed by Coldwell Banker Residential Brokerage - Gloucester $995,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,364
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 122,404
  • Total Building Area: 2,712
  • Gross Building Area: 6,524
  • Building Area: 2,712
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,712
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002810
  • 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: 221901

Zoning

  • Zoning: R-30

Geography

  • Parcel: GLOU M:0218 B:0073 L:0000
  • Block: 73
  • Municipality: GLOUCESTER
  • Latitude: 42.6098
  • Longitude: -70.684

    Address

  • Full Address: 24 Bond St
  • Address - House Number: 24
  • Address - Street Name: Bond
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C013
  • 4-Digit Zip Code: 4906
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,494,400

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,808,343
  • High Value: 2,106,101
  • Low Value: 1,510,586

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,535,900
  • Assessed Land Value: $463,900
  • Assessed Improvements Value: $1,072,000

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201016005310
  • Previous Sale Recording Date: Jun 26, 2003
  • Previous Sale Amount: $885,000
  • 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

1919 ft²

Average Home Age

80.1 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# 30665022

Frequently Asked Questions

When was property at 24 Bond Street built and last sold?
The property at 24 Bond Street was built in 1984 and last sold on Oct 8, 2020 for $1,700,000.
How much is this home worth?
The estimated value of the home located at 24 Bond Street is $1,707,976.
What are some comparable homes to 24 Bond Street?
There are currently no comparable homes to 24 Bond Street.
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