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Gloucester 01930
28 Englewood Road
$565,000
● House - Off Market

28 Englewood Road

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,490 Ft²
$598,022
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Coveted Magnolia location just a stroll away from the village, park and beach. Sweet 2 BR, 2 Bath Ranch with exceptional expansion opportunity sited on a beautiful spacious lot. Main level offers open concept living room and kitchen, 2 bedrooms (formerly used as a 3 bedroom with a wall removed) and full bath. Lower level offers a finished family room with walk-in closet/pantry and a full bath plus utility area and built-in garage. The kitchen and baths have been updated. Rear deck. Come take a look and be sure to bring your paint colors!
Unit Size
1,490 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$386
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1958

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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 #72971797)

Price History

Date / Event Date Event Price
Sep 7, 2022 Sold
Premium
Sold
Apr 26, 2022 Listed by J. Barrett & Company $575,000
Listed by J. Barrett & Company
Jan 9, 2012 Sold
Premium
Sold
Sep 20, 2011 Listed by J. Barrett & Company $329,000
Listed by J. Barrett & Company
Sep 25, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 600
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,216
  • Total Building Area: 976
  • Gross Building Area: 2,162
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 976
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA
  • Land Acres: 0000000441
  • 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:0172 B:0004 L:0000
  • Block: 4
  • Municipality: GLOUCESTER
  • Latitude: 42.5809
  • Longitude: -70.7123

    Address

  • Full Address: 28 Englewood Rd
  • Address - House Number: 28
  • Address - Street Name: Englewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C025
  • 4-Digit Zip Code: 5216
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $539,700

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 615,805
  • High Value: 722,756
  • Low Value: 508,854

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $554,700
  • Assessed Land Value: $272,200
  • Assessed Improvements Value: $282,500

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 218
  • Previous Sale Recording Date: Jan 09, 2012
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: O
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72971797

Frequently Asked Questions

When was property at 28 Englewood Road built and last sold?
The property at 28 Englewood Road was built in 1958 and last sold on Sep 7, 2022 for $565,000.
How much is this home worth?
The estimated value of the home located at 28 Englewood Road is $581,439.
What are some comparable homes to 28 Englewood Road?
There are currently no comparable homes to 28 Englewood Road.
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