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Gloucester 01930
3-5 Linden Avenue
$456,500
● House - Off Market

3-5 Linden Avenue

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,196 Ft²
$711,289
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

This meticulous 3 bedroom 2 bath ranch sits on a quiet but central Magnolia street just steps to the water and the village. The sun-filled main living level features 3 bedrooms, 1 full bath, and an open kitchen/dining/living space with fireplace and access to the spacious deck via sliders. The lower level offers additional living space; kitchenette, full bath, and two carpeted rooms which are ideal for overflow guest and/or in-law needs. The lower level also has its own exterior access. This house has a new septic and is maintained to perfection. Enjoy the privacy, peace, and convenience of Magnolia. Come see for yourself!
Unit Size
1,196 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$375
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1968

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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 #72237948)

Price History

Date / Event Date Event Price
Dec 1, 2017 Sold
Premium
Sold
Oct 3, 2017 Listed by J. Barrett & Company $449,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,196
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,672
  • Total Building Area: 1,196
  • Gross Building Area: 2,870
  • Building Area: 1,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,196
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000199
  • 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: 221600

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0169 B:0024 L:0000
  • Block: 24
  • Municipality: GLOUCESTER
  • Latitude: 42.577
  • Longitude: -70.7098

    Address

  • Full Address: 3 Linden Ave
  • Address - House Number: 3
  • Address - Street Name: Linden
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $617,000

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 753,147
  • High Value: 873,125
  • Low Value: 633,169

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $634,100
  • Assessed Land Value: $222,000
  • Assessed Improvements Value: $412,100

    Sales

  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 588502
  • Previous Sale Recording Date: Mar 19, 2010
  • Previous Sale Document Type: 48
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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72237948

Frequently Asked Questions

When was property at 3 Linden Avenue built and last sold?
The property at 3 Linden Avenue was built in 1968 and last sold on Jan 1, 1970 for $456,500.
How much is this home worth?
The estimated value of the home located at 3 Linden Avenue is $463,264.
What are some comparable homes to 3 Linden Avenue?
There are currently no comparable homes to 3 Linden Avenue.
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