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Gloucester 01930
38 Bennett St N
$420,000
● House - Off Market

38 Bennett St N

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,428 Ft²
$725,654
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

PRIVATE!   Nestled in the down in the woods you will find this 7 Room, 3 Bedroom Cape.  Private setting with partially fenced yard, open floor plan on the first floor, Bedroom on 1st could be your home office.  Upstairs you will find 2 large bedrooms and full bath.  The basement features a finished family room and an unfinished utility room.  Just updated with new roof, new stainless appliances, landscaping, and painting
Unit Size
1,428 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$298
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1999

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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: 4 months ago (MLSPIN #71866147)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 12, 2021 Listed by Coldwell Banker Residential Brokerage - Gloucester $585,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
May 11, 2016 Sold
Premium
Sold
Jun 30, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $424,900
Listed by Coldwell Banker Residential Brokerage - Gloucester
Jun 29, 2004 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 7
  • Basement Area: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,018
  • Total Building Area: 1,428
  • Gross Building Area: 2,992
  • Building Area: 1,428
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,428
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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: 221100

Zoning

  • Zoning: R-40

Geography

  • Parcel: GLOU M:0115 B:0029 L:0000
  • Block: 29
  • Municipality: GLOUCESTER
  • Latitude: 42.6562
  • Longitude: -70.6672

    Address

  • Full Address: 38 Bennett St N
  • Address - House Number: 38
  • Street Segment Direction: N
  • Address - Street Name: Bennett
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C019
  • 4-Digit Zip Code: 1260
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $605,300

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 704,749
  • High Value: 817,211
  • Low Value: 592,287

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $622,100
  • Assessed Land Value: $207,200
  • Assessed Improvements Value: $414,900

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 626830
  • Previous Sale Recording Date: May 11, 2016
  • Previous Sale Amount: $420,000
  • 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

1928 ft²

Average Home Age

77.9 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71866147

Frequently Asked Questions

When was property at 38 Bennett Street North built and last sold?
The property at 38 Bennett Street North was built in 1999 and last sold on Jun 30, 2021 for $635,000.
How much is this home worth?
The estimated value of the home located at 38 Bennett Street North is $588,285.
What are some comparable homes to 38 Bennett Street North?
There are currently no comparable homes to 38 Bennett Street North.
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