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Gloucester 01930
38 Green St
$304,000
● House - Off Market

38 Green St

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,080 Ft²
$541,491
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Centrally located on a quiet dead end street,and close to all the amenities that Gloucester has to offer,this Ranch has amazing expansion potential for additional living space and offers a partially finished large basement with a full bath.The 9000 SF lot has wonderful possibilities to add a garage while still maintaining a large spacious yard.    Showings will start on Sunday, April 3rd at the Open House from 1:00-2:30 and all offers will be presented on Monday, April 4th at 6:00pm
Unit Size
1,080 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$295
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1962

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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 #71980508)

Price History

Date / Event Date Event Price
Jun 16, 2016 Sold
Premium
Sold
Mar 31, 2016 Listed by Coldwell Banker Residential Brokerage - Gloucester $319,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Oct 17, 2011 Sold
Premium
Sold
Aug 16, 2011 Listed by Coldwell Banker Residential Brokerage - Gloucester $249,900
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • 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: 9
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 1,080
  • Gross Building Area: 2,182
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEAN PERKINS
  • Land Acres: 0000000207
  • 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-5

Geography

  • Parcel: GLOU M:0046 B:0004 L:0000
  • Block: 4
  • Municipality: GLOUCESTER
  • Latitude: 42.6218
  • Longitude: -70.6553

    Address

  • Full Address: 38 Green St
  • Address - House Number: 38
  • Address - Street Name: Green
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2908
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $415,100

    Appraisal Valuation

  • Standard Deviation: 0.1857
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 490,901
  • High Value: 582,080
  • Low Value: 399,721

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $426,600
  • Assessed Land Value: $155,500
  • Assessed Improvements Value: $271,100

    Sales

  • Current Sale Contract Date: Jun 13, 2016
  • Current Sale Recording Date: Jun 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 8
  • Previous Sale Recording Date: Oct 17, 2011
  • Previous Sale Amount: $230,000
  • 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71980508

Frequently Asked Questions

When was property at 38 Green Street built and last sold?
The property at 38 Green Street was built in 1962 and last sold on Jun 13, 2016 for $304,000.
How much is this home worth?
The estimated value of the home located at 38 Green Street is $329,558.
What are some comparable homes to 38 Green Street?
There are currently no comparable homes to 38 Green Street.
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