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Gloucester 01930
3R Old Bray St.
$235,000
● House - Off Market

3R Old Bray St.

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
849 Ft²
$849,500
RealtyHop Estimate
208.91%
Since Feb 1, 2000
National-US
Primary Model

About This Property

REALLY CUTE LITTLE COTTAGE TO REAR OF 3 OLD BRAY. TO BE SOLD TOGETHER AS A PACKAGE FOR $275000. GREAT CONDO ALTERNATIVE. TERRIFIC OPPORTUNITY TO PURCHASE TWO HOMES AT AN AFORDABLE PRICE! SEE LIST #30351412
Unit Size
849 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$324
Property Type
House
Property Taxes
$139
HOA Dues
-
Year Built
1930

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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 years ago (MLSPIN #30351418)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
Jul 6, 2021 Listed by RE/MAX 360 $364,900
Listed by RE/MAX 360
Jun 26, 2017 Sold
Premium
Sold
Jan 20, 2000 Sold
Premium
Sold
Sep 3, 1999 Listed by RE/MAX 360 $275,000
Listed by RE/MAX 360

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,640
  • Total Building Area: 1,067
  • Gross Building Area: 1,166
  • Building Area: 1,067
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,067
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 221902

Zoning

  • Zoning: R-40

Geography

  • Parcel: GLOU M:0236 B:0014 L:0000
  • Block: 14
  • Municipality: GLOUCESTER
  • Latitude: 42.6287
  • Longitude: -70.7347

    Address

  • Full Address: 3r Old Bray St
  • Address - House Number: 3r
  • Address - Street Name: Old Bray
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C010
  • 4-Digit Zip Code: 1522
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $424,900

    Appraisal Valuation

  • Standard Deviation: 0.1798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 76
  • Final Value: 512,459
  • High Value: 604,635
  • Low Value: 420,282

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $436,700
  • Assessed Land Value: $150,100
  • Assessed Improvements Value: $286,600

    Sales

  • Current Sale Contract Date: Sep 07, 2021
  • Current Sale Recording Date: Sep 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210907001270
  • Previous Sale Recording Date: Jun 26, 2017
  • Previous Sale Amount: $297,000
  • 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

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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30351418

Frequently Asked Questions

When was property at 3R Old Bray Street built and last sold?
The property at 3R Old Bray Street was built in 1930 and last sold on Sep 7, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 3R Old Bray Street is $0.
What are some comparable homes to 3R Old Bray Street?
There are currently no comparable homes to 3R Old Bray Street.
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