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Gloucester 01930
34 Wheeler Street
$589,000
● House - Off Market

34 Wheeler Street

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
2,244 Ft²
$534,448
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Great 3 Bedroom home, close to schools, highway, and walking paths. The exterior has been remodeled and contains manufactured shingles. The living room has a wood stove on red brick and the dining room has a wall split for heat and AC. The basement is renovated with wains coating and a chair rail and the floor is wall to wall carpeting. The Kitchen has been upgraded with stainless steel appliances, new countertops and has a pass through to the dining room. There is a slider in the kitchen that leads to an a composite deck, which overlooks a nice yard. The bathrooms have been remodeled and have ceramic tile floors.  Exterior parking for 4 cars. Offers will be due by noon on Tuesday.
Unit Size
2,244 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$231
Property Type
House
Property Taxes
$370
HOA Dues
-
Year Built
1962

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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 #72935021)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Jan 19, 2022 Listed by Vadala Real Estate $519,000
Listed by Vadala Real Estate
Sep 19, 2014 Sold
Premium
Sold
Jun 10, 2014 Listed by Vadala Real Estate $259,900
Listed by Vadala Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 902
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,280
  • Total Building Area: 1,342
  • Gross Building Area: 2,508
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000144
  • 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: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0096 B:0110 L:0000
  • Block: 110
  • Municipality: GLOUCESTER
  • Latitude: 42.6316
  • Longitude: -70.6808

    Address

  • Full Address: 34 Wheeler St
  • Address - House Number: 34
  • Address - Street Name: Wheeler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C017
  • 4-Digit Zip Code: 1620
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $549,400

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 560,160
  • High Value: 657,737
  • Low Value: 462,584

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $564,600
  • Assessed Land Value: $201,300
  • Assessed Improvements Value: $363,300

    Sales

  • Current Sale Contract Date: Mar 08, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220311003870
  • Previous Sale Recording Date: Sep 19, 2014
  • Previous Sale Amount: $276,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72935021

Frequently Asked Questions

When was property at 34 Wheeler Street built and last sold?
The property at 34 Wheeler Street was built in 1962 and last sold on Mar 8, 2022 for $589,000.
How much is this home worth?
The estimated value of the home located at 34 Wheeler Street is $561,002.
What are some comparable homes to 34 Wheeler Street?
There are currently no comparable homes to 34 Wheeler Street.
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