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Gloucester 01930
32R Bass Avenue
$250,000
● House - Off Market

32R Bass Avenue

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
995 Ft²
$452,587
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Good Harbor Beach area 3 BR year round beach cottage with large detached 2 car garage and ample paved parking for 6-8 cars for your beach guests! Farmer's porch overlooks nice yard and salt marsh in rear. Kitchen with 2 pantries and bath with clawfoot tub are functional but in need of updating along with cosmetics throughout. Large livingroom with hardwood floor. Mudroom off kitchen perfect for extra storage or kitchen expansion possibilities if you open up the walls. 3 BR's all with pine floors would be lovely refinished. New roof in 2011. Perfect starter home or affordable vacation home near beach. East Gloucester School District.  Short drive to Bass Rocks Golf Club, Rocky Neck Art Colony and downtown Gloucester.  Easy access to Rt. 128 for commuters.
Unit Size
995 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$270
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72060008)

Price History

Date / Event Date Event Price
Oct 12, 2021 Sold
Premium
Sold
Aug 17, 2021 Listed by North Shore's Gold Coast Realty $469,900
Listed by North Shore's Gold Coast Realty
Dec 19, 2016 Sold
Premium
Sold
Aug 30, 2016 Listed by North Shore's Gold Coast Realty $269,000
Listed by North Shore's Gold Coast Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 8,620
  • Total Building Area: 944
  • Gross Building Area: 1,287
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 944
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 221400

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0050 B:0036 L:0000
  • Block: 36
  • Municipality: GLOUCESTER
  • Latitude: 42.6178
  • Longitude: -70.6466

    Address

  • Full Address: 32r Bass Ave
  • Address - House Number: 32r
  • Address - Street Name: Bass
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C031
  • 4-Digit Zip Code: 3118
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $446,700

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 499,941
  • High Value: 594,991
  • Low Value: 404,890

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $459,100
  • Assessed Land Value: $166,600
  • Assessed Improvements Value: $292,500

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211012002240
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Amount: $250,000
  • 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:

$699,000

Sale Price/ft²

$449

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2027 ft²

Average Home Age

80.3 years

Currently For Sale

88 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# 72060008

Frequently Asked Questions

When was property at 32R Bass Avenue built and last sold?
The property at 32R Bass Avenue was built in 1900 and last sold on Oct 8, 2021 for $485,000.
How much is this home worth?
The estimated value of the home located at 32R Bass Avenue is $478,442.
What are some comparable homes to 32R Bass Avenue?
There are currently no comparable homes to 32R Bass Avenue.
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