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Gloucester 01930
3 Wiley Street
$600,000
● House - Off Market

3 Wiley Street

Gloucester, MA 01930
bedrooms
1 Bed
bathrooms
1 Bath, 1 Half Bath
square feet
1,128 Ft²
$1,130,018
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Located directly on Gloucester Harbor,  in the CULTURAL CENTER DISTRICT of  Rocky Neck  this lovely yr. round home is  one-of-a-kind. Completely renovated from top to bottom with a breathless view of the harbor the minute you open the front door.  Foyer leads to open concept kitchen through to living room with cathedral ceiling and remote controlled skylights, through French door to trex deck and paver patio, and on to beach and harbor. Overlooking Ten Pound Island, and across to Stagefort park and Hammond Castle, Enjoy the closeness to the Stage Company, Cultural Center, Restaurants and art Galleries and peacefully enjoy the parade of boats everyday from your back deck.  Great INVESTMENT property too!!
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$531
Property Type
House
Property Taxes
$648
HOA Dues
-
Year Built
1920

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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 #71639774)

Price History

Date / Event Date Event Price
Apr 15, 2014 Sold
Premium
Sold
Mar 4, 2014 Listed by J. Barrett & Company $599,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • 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: 2,120
  • Total Building Area: 936
  • Gross Building Area: 1,296
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000049
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0129 B:0035 L:0000
  • Block: 35
  • Municipality: GLOUCESTER
  • Latitude: 42.6041
  • Longitude: -70.6587

    Address

  • Full Address: 3 Wiley St
  • Address - House Number: 3
  • Address - Street Name: Wiley
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C004
  • 4-Digit Zip Code: 4120
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,181,500

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,019,856
  • High Value: 1,197,358
  • Low Value: 842,353

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,214,300
  • Assessed Land Value: $874,500
  • Assessed Improvements Value: $339,800

    Sales

  • Current Sale Recording Date: Apr 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 41500325
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

1928 ft²

Average Home Age

77.9 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# 71639774

Frequently Asked Questions

When was property at 3 Wiley Street built and last sold?
The property at 3 Wiley Street was built in 1920 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 3 Wiley Street is $605,726.
What are some comparable homes to 3 Wiley Street?
There are currently no comparable homes to 3 Wiley Street.
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