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Gloucester 01930
4 Blake Court
$345,000
● House - Off Market

4 Blake Court

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,075 Ft²
$556,550
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

CHARMING MOVE IN READY  EAST GLOUCESTER COTTAGE WITH LOVELY LEVEL FENCED IN  YARD WITH  CITY AND HARBOR VIEWS AND  ROOM  FOR EXPANSION  This dead-end street is in a wonderful neighborhood one half mile from  Good Harbor Beach.  The eat in kitchen with new refrigerator  has custom built cabinets and ceramic flooring. The first floor is complete with a cozy living room and office/second bedroom and half bath. The master bedroom and bath is on the second level with an optional office/den/3rd bedroom.  This new listing with newer roof and  newly painted inside and out plus off street parking for four  is  perfect as an investment property, year round home,  or weekend get away.
Unit Size
1,075 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$306
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1900

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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 #72003820)

Price History

Date / Event Date Event Price
Jul 26, 2016 Sold
Premium
Sold
May 11, 2016 Listed by Coldwell Banker Residential Brokerage - Gloucester $329,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Mar 26, 2013 Sold
Premium
Sold
Oct 12, 2012 Listed by Coldwell Banker Residential Brokerage - Gloucester $315,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Dec 5, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 501
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,158
  • Total Building Area: 1,075
  • Gross Building Area: 1,791
  • Building Area: 1,075
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,075
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000095
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0055 B:0046 L:0000
  • Block: 46
  • Municipality: GLOUCESTER
  • Latitude: 42.6144
  • Longitude: -70.6463

    Address

  • Full Address: 4 Blake Ct
  • Address - House Number: 4
  • Address - Street Name: Blake
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C027
  • 4-Digit Zip Code: 3204
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $444,500

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 526,143
  • High Value: 623,548
  • Low Value: 428,737

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $456,800
  • Assessed Land Value: $181,600
  • Assessed Improvements Value: $275,200

    Sales

  • Current Sale Recording Date: Mar 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 324
  • Previous Sale Recording Date: Dec 05, 2002
  • Previous Sale Amount: $50,000
  • 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

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 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# 72003820

Frequently Asked Questions

When was property at 4 Blake Court built and last sold?
The property at 4 Blake Court was built in 1900 and last sold on Jan 1, 1970 for $295,000.
How much is this home worth?
The estimated value of the home located at 4 Blake Court is $340,142.
What are some comparable homes to 4 Blake Court?
There are currently no comparable homes to 4 Blake Court.
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