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Gloucester 01930
35 Centennial Avenue
$440,143
● House - Off Market

35 Centennial Avenue

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,509 Ft²
$456,632
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Register to attend open house on Sunday, June 13th from 9-12 a.m. An wonderful opportunity to own a single family home in downtown Gloucester with off street parking, private yard all in a neighborhood moments from the Boulevard and Gloucester High. In preparation for sale the house was cleared and cleaned.  Hardwood floors were refinished and while many would consider additional updates the house is ready for new occupants. A traditional floor plan featuring four bedrooms, one full bath with a semi-finished lower level makes this an ideal opportunity for someone starting out with the desire to own a single family home where you can build equity over time.  OPEN HOUSE VIEWINGS BY APPOINTMENT ONLY. NO SHOWINGS UNTIL OPEN HOUSE SUNDAY, 9AM-12PM. All offers are due Tuesday 6/15 by 3:00PM
Unit Size
1,509 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$264
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1910

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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: 5 years ago (MLSPIN #72848329)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Jun 11, 2021 Listed by The Virtual Realty Group $399,000
Listed by The Virtual Realty Group

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 810
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,178
  • Total Building Area: 1,620
  • Gross Building Area: 2,797
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000073
  • 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: 221700

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0005 B:0031 L:0000
  • Block: 31
  • Municipality: GLOUCESTER
  • Latitude: 42.6127
  • Longitude: -70.673

    Address

  • Full Address: 35 Centennial Ave
  • Address - House Number: 35
  • Address - Street Name: Centennial
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C013
  • 4-Digit Zip Code: 2540
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $466,100

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 482,534
  • High Value: 573,910
  • Low Value: 391,157

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $479,000
  • Assessed Land Value: $129,000
  • Assessed Improvements Value: $350,000

    Sales

  • Current Sale Contract Date: Aug 12, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210812004560
  • Previous Sale Recording Date: Nov 02, 2012
  • 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

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: 5 years ago
Data Source: MLS PIN, MLS# 72848329

Frequently Asked Questions

When was property at 35 Centennial Avenue built and last sold?
The property at 35 Centennial Avenue was built in 1910 and last sold on Aug 12, 2021 for $440,143.
How much is this home worth?
The estimated value of the home located at 35 Centennial Avenue is $0.
What are some comparable homes to 35 Centennial Avenue?
There are currently no comparable homes to 35 Centennial Avenue.
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