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Gloucester 01930
305 Concord St
$1,300,000
● House - Off Market

305 Concord St

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,248 Ft²
$1,108,066
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Looking for privacy and great water views? Don't miss this 7 room Waterview Colonial in extremely private 3.2 acre West Gloucester setting situated on bluff overlooking Walker Creek, salt marshes, Essex Bay, Tommy Island, and Essex River! 112 ft. frontage on marsh. Walker Creek leads out to Essex Bay, Essex River and Ipswich Bay. A tranquil sanctuary close to Conomo Point, Wingaersheek and Crane's Beach! Enjoy beautiful sunsets and fabulous year round water views! Huge familyroom and master bedroom with walk in closet, fireplaced DR,  jacuzzi bath, and 1st floor laundry/utility rooms.  1 car detached garage/barn also has separate storage/workshop room. Ample off street parking for homeowners and your guests. Screened porch great for Summer nights sitting out and relaxing with your favorite drink!
Unit Size
2,248 Ft²
Days on Market
-
Land Size
3.20 acres
Price per sqft
$467
Property Type
House
Property Taxes
$766
HOA Dues
-
Year Built
1998

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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 #73018160)

Price History

Date / Event Date Event Price
Nov 17, 2022 Sold
Premium
Sold
Jul 27, 2022 Listed by North Shore's Gold Coast Realty $1,050,000
Listed by North Shore's Gold Coast Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,392
  • Total Building Area: 2,536
  • Gross Building Area: 2,895
  • Building Area: 2,536
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,536
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003200
  • 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: 221902

Zoning

  • Zoning: R-80

Geography

  • Parcel: GLOU M:0249 B:0004 L:0000
  • Block: 4
  • Municipality: GLOUCESTER
  • Latitude: 42.6391
  • Longitude: -70.7346

    Address

  • Full Address: 305 Concord St
  • Address - House Number: 305
  • Address - Street Name: Concord
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1538
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,157,300

    Appraisal Valuation

  • Standard Deviation: 0.1678
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 1,177,890
  • High Value: 1,375,556
  • Low Value: 980,225

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,189,400
  • Assessed Land Value: $688,600
  • Assessed Improvements Value: $500,800

    Sales

  • Current Sale Contract Date: Nov 17, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20221117003940
  • Previous Sale Recording Date: Jan 12, 2009
  • 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# 73018160

Frequently Asked Questions

When was property at 305 Concord Street built and last sold?
The property at 305 Concord Street was built in 1998 and last sold on Nov 17, 2022 for $1,300,000.
How much is this home worth?
The estimated value of the home located at 305 Concord Street is $1,087,681.
What are some comparable homes to 305 Concord Street?
There are currently no comparable homes to 305 Concord Street.
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