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Gloucester 01930
27 Chapel St
$292,500
● House - Off Market

27 Chapel St

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,438 Ft²
$585,490
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Make an offer on this cute Antique Colonial, A stone's throw to Inner Harbor and ready for you to add some magical touches to it. Was recently used as a two family and could remain that way or be easily converted to a nice single. First floor has a large kitchen - dining area, living room and family room and one bedroom along with a full bath and laundry, while the second floor has a master bedroom/bath, family room and lots of light. The deck leads out to a beautiful (almost a 1/4 acre) yard with newer fence, lots of shrubs and pretty lawn. Great location to school, restaurants and the harbor. Easy to show.
Unit Size
1,438 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$229
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71864672)

Price History

Date / Event Date Event Price
Sep 11, 2015 Sold
Premium
Sold
Jun 26, 2015 Listed by RE/MAX On The River, Inc. $329,900
Listed by RE/MAX On The River, Inc.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 713
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,120
  • Total Building Area: 1,438
  • Gross Building Area: 3,500
  • Building Area: 1,438
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000209
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0059 B:0011 L:0000
  • Block: 11
  • Municipality: GLOUCESTER
  • Latitude: 42.6096
  • Longitude: -70.6483

    Address

  • Full Address: 27 Chapel St
  • Address - House Number: 27
  • Address - Street Name: Chapel
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C027
  • 4-Digit Zip Code: 3817
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,800

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 604,439
  • High Value: 712,312
  • Low Value: 496,566

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $526,000
  • Assessed Land Value: $225,900
  • Assessed Improvements Value: $300,100

    Sales

  • Current Sale Recording Date: Sep 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 133
  • Previous Sale Recording Date: Apr 30, 2015
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71864672

Frequently Asked Questions

When was property at 27 Chapel Street built and last sold?
The property at 27 Chapel Street was built in 1900 and last sold on Jan 1, 1970 for $292,500.
How much is this home worth?
The estimated value of the home located at 27 Chapel Street is $350,203.
What are some comparable homes to 27 Chapel Street?
There are currently no comparable homes to 27 Chapel Street.
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