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Gloucester 01930
269 Washington Street
$165,000
● House - Off Market

269 Washington Street

Gloucester, MA 01930
bedrooms
1 Bed
bathrooms
1 Bath
square feet
1,064 Ft²
$426,990
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

One floor living with room to grow. Big rooms with over 1000 square feet of living area. Plenty of space to work with. The quarter acre lot provides great expansion opportunities out or up. Screened unheated porch provides another 200 square feet of room. Full dry basement with high ceilings to expand from within. One bed, one bath. Solid home in need of cosmetic updates. Set back off road with circular driveway. Close to highway, train.
Unit Size
1,064 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$202
Property Type
House
Property Taxes
$228
HOA Dues
-
Year Built
1949

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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 #71480288)

Price History

Date / Event Date Event Price
May 31, 2013 Sold
Premium
Sold
Feb 6, 2013 Listed by RE/MAX Advantage Real Estate $215,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,064
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,339
  • Total Building Area: 1,064
  • Gross Building Area: 2,528
  • Building Area: 1,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221600

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0085 B:0031 L:0000
  • Block: 31
  • Municipality: GLOUCESTER
  • Latitude: 42.6242
  • Longitude: -70.6775

    Address

  • Full Address: 269 Washington St
  • Address - House Number: 269
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 4849
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,800

    Appraisal Valuation

  • Standard Deviation: 0.2534
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 412,574
  • High Value: 517,132
  • Low Value: 308,015

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $466,400
  • Assessed Land Value: $162,400
  • Assessed Improvements Value: $304,000

    Sales

  • Current Sale Recording Date: May 31, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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# 71480288

Frequently Asked Questions

When was property at 269 Washington Street built and last sold?
The property at 269 Washington Street was built in 1949 and last sold on Jan 1, 1970 for $165,000.
How much is this home worth?
The estimated value of the home located at 269 Washington Street is $230,727.
What are some comparable homes to 269 Washington Street?
There are currently no comparable homes to 269 Washington Street.
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