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Gloucester 01930
364 Washington St
$525,000
● House - Off Market

364 Washington St

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,710 Ft²
$503,876
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Wonderful spacious 4 bedroom 2 full bath Victorian style home situated across the street from Mill Pond.  This natural shingled home offers beautiful views of the tidal Mill Pond from most rooms.  The first floor consists of front and back parlors with a three season porch, dining room and full bath.  Upstairs offers 4 bedrooms, full bath, and a walk up attic for extra storage.  The house needs TLC and is awaiting its new owner to bring it back to its natural beauty.
Unit Size
1,710 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$292
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1800

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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 #73088366)

Price History

Date / Event Date Event Price
May 1, 2023 Sold
Premium
Sold
Mar 22, 2023 In contract -
In contract
Mar 16, 2023 Listed by Churchill Properties $500,000
Listed by Churchill Properties
Jan 21, 1997 Sold
Premium
Sold
Jun 12, 1996 Listed by Churchill Properties $144,900
Listed by Churchill Properties

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • 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: 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: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,700
  • Total Building Area: 1,710
  • Gross Building Area: 3,593
  • Building Area: 1,710
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,710
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000315
  • 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:0103 B:0010 L:0000
  • Block: 10
  • Municipality: GLOUCESTER
  • Latitude: 42.6306
  • Longitude: -70.679

    Address

  • Full Address: 364 Washington St
  • Address - House Number: 364
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 1856
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $568,800

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 638,608
  • High Value: 753,886
  • Low Value: 523,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $584,600
  • Assessed Land Value: $186,900
  • Assessed Improvements Value: $397,700

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20230501002910
  • Previous Sale Recording Date: Jan 21, 1997
  • Previous Sale Amount: $140,000
  • 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# 73088366

Frequently Asked Questions

When was property at 364 Washington Street built and last sold?
The property at 364 Washington Street was built in 1800 and last sold on May 1, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 364 Washington Street is $511,417.
What are some comparable homes to 364 Washington Street?
There are currently no comparable homes to 364 Washington Street.
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