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Gloucester 01930
28 Green St
$240,000
● House - Off Market

28 Green St

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,107 Ft²
$411,585
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

This is a short sale subject to lender and other lien-holder approval. Will not qualify for financing due to burst pipes.  Process is being handled by knowledgeable real estate attorney.  Property is sold AS-IS, seller makes no warranties, implied or expressed, regarding property. Property is zoned and classified by the city as a multi-family.  Property was most recently used as a single family.  Smoke inspection, and final water/sewer is buyer's responsibility.  EMAIL ALL QUESTIONS.  Please read special showing instructions. This property is set up as a multi buyer to do their own due diligence to see if it is legal. This is a great investment opportunity.
Unit Size
1,107 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$218
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #71868300)

Price History

Date / Event Date Event Price
May 16, 2016 Sold
Premium
Sold
Jul 6, 2015 Listed by RE/MAX Renaissance Inc. $241,000
Listed by RE/MAX Renaissance Inc.
Jun 1, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 31
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,508
  • Total Building Area: 2,035
  • Gross Building Area: 2,574
  • Building Area: 2,035
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,035
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000126
  • 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: 221400

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0046 B:0008 L:0000
  • Block: 8
  • Municipality: GLOUCESTER
  • Latitude: 42.6212
  • Longitude: -70.6557

    Address

  • Full Address: 28 Green St
  • Address - House Number: 28
  • Address - Street Name: Green
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2908
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $500,500

    Appraisal Valuation

  • Standard Deviation: 0.1867
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 576,162
  • High Value: 683,767
  • Low Value: 468,556

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,400
  • Assessed Land Value: $134,600
  • Assessed Improvements Value: $379,800

    Sales

  • Current Sale Recording Date: May 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 503
  • Previous Sale Recording Date: Jun 01, 2001
  • Previous Sale Amount: $185,000
  • 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:

$699,000

Sale Price/ft²

$449

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2028 ft²

Average Home Age

80.2 years

Currently For Sale

81 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: 6 months ago
Data Source: MLS PIN, MLS# 71868300

Frequently Asked Questions

When was property at 28 Green Street built and last sold?
The property at 28 Green Street was built in 1920 and last sold on Jan 1, 1970 for $240,000.
How much is this home worth?
The estimated value of the home located at 28 Green Street is $257,707.
What are some comparable homes to 28 Green Street?
There are currently no comparable homes to 28 Green Street.
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