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Gloucester 01930
310 Western Ave
$500,000
● House - Off Market

310 Western Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,739 Ft²
$500,738
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This charming cape style home offers 3 bedroom, 2 bath, living room with wood burning stove, cozy kitchen with access to deck overlooking large beautiful yard! Partially finished walk-out basement for additional living space. Wonderful location close by to Stage Fort Park's beaches, playground, band concerts and so much more. Peak of the ocean from 2nd floor primary during winter months! Roof 2005, Furnace & tank 2005, 200 amp electrical service 2007 and 3 BR septic in 2008.
Unit Size
1,739 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$287
Property Type
House
Property Taxes
$381
HOA Dues
-
Year Built
1926

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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 #73113489)

Price History

Date / Event Date Event Price
Jun 23, 2023 Sold
Premium
Sold
May 24, 2023 In contract -
In contract
May 18, 2023 Listed by Redfin Corp. $499,900
Listed by Redfin Corp.
Dec 12, 2019 Sold
Premium
Sold
Nov 3, 2017 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7
  • Basement Area: 792
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,398
  • Total Building Area: 1,188
  • Gross Building Area: 2,792
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLOUCESTER
  • Land Acres: 0000000124
  • 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-20

Geography

  • Parcel: GLOU M:0201 B:0045 L:0000
  • Block: 45
  • Municipality: GLOUCESTER
  • Latitude: 42.5922
  • Longitude: -70.6909

    Address

  • Full Address: 310 Western Ave
  • Address - House Number: 310
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C030
  • 4-Digit Zip Code: 4055
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,800

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 524,084
  • High Value: 614,357
  • Low Value: 433,811

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,900
  • Assessed Land Value: $145,600
  • Assessed Improvements Value: $339,300

    Sales

  • Current Sale Contract Date: Jun 23, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230623001160
  • Previous Sale Recording Date: Dec 12, 2019
  • Previous Sale Contract Date: Dec 12, 2019
  • Previous Sale Amount: $360,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73113489

Frequently Asked Questions

When was property at 310 Western Avenue built and last sold?
The property at 310 Western Avenue was built in 1926 and last sold on Jun 23, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 310 Western Avenue is $524,909.
What are some comparable homes to 310 Western Avenue?
There are currently no comparable homes to 310 Western Avenue.
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