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Gloucester 01930
39 Eastern Ave
$385,000
● House - Off Market

39 Eastern Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,261 Ft²
$664,544
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

Bungalow style house. It was once an old church, with loads of charm & solid bones. Central location. Quick stroll to beaches, downtown & school. Fenced in yard. Finished basement with attached 2 car garage. New kitchen with stainless steel appliances and granite counter tops. Remodeled bathroom with Granite as well. Open floor plan. New roof, windows, porch & driveway. Forced Hot water heat. Oil fuel. Hardwood floors throughout the whole house. 12 total rooms with the bonus option to finish 1200 extra square feet on the second floor.
Unit Size
2,261 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$176
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1900

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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 #72109370)

Price History

Date / Event Date Event Price
Feb 28, 2017 Sold
Premium
Sold
Jan 17, 2017 Listed by The Greene Realty Group $399,000
Listed by The Greene Realty Group
Jun 8, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 11
  • Exterior Walls Type: 18
  • 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: 756
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,773
  • Total Building Area: 1,517
  • Gross Building Area: 4,497
  • Building Area: 1,517
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,517
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLOUCESTER
  • Land Acres: 0000000110
  • 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:0050 B:0002 L:0000
  • Block: 2
  • Municipality: GLOUCESTER
  • Latitude: 42.6193
  • Longitude: -70.6491

    Address

  • Full Address: 39 Eastern Ave
  • Address - House Number: 39
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C031
  • 4-Digit Zip Code: 3003
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $537,500

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 669,591
  • High Value: 787,264
  • Low Value: 551,918

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $552,400
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $422,400

    Sales

  • Current Sale Recording Date: Feb 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 134
  • Previous Sale Recording Date: Jun 08, 2010
  • 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

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# 72109370

Frequently Asked Questions

When was property at 39 Eastern Avenue built and last sold?
The property at 39 Eastern Avenue was built in 1900 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 39 Eastern Avenue is $441,030.
What are some comparable homes to 39 Eastern Avenue?
There are currently no comparable homes to 39 Eastern Avenue.
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