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Gloucester 01930
4 Macomber Road
$428,500
● House - Off Market

4 Macomber Road

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,908 Ft²
$721,784
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

Great 4 bedroom home on a dead end street. Nice yard with an above ground swimming pool. Full basement with exterior access. Close to Beeman Elementary School and 128. OPEN HOUSE SUNDAY NOVEMBER 6 from 11-1.
Unit Size
1,908 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$225
Property Type
House
Property Taxes
$440
HOA Dues
-
Year Built
1966

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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 #72079774)

Price History

Date / Event Date Event Price
Dec 16, 2016 Sold
Premium
Sold
Oct 11, 2016 Listed by Vadala Real Estate $429,000
Listed by Vadala Real Estate
Aug 28, 1997 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 936
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,840
  • Total Building Area: 2,068
  • Gross Building Area: 3,199
  • Building Area: 2,068
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,068
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY HILL ESTATES
  • Land Acres: 0000000249
  • 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-10

Geography

  • Parcel: GLOU M:0188 B:0021 L:0000
  • Block: 21
  • Municipality: GLOUCESTER
  • Latitude: 42.6368
  • Longitude: -70.669

    Address

  • Full Address: 4 Macomber Rd
  • Address - House Number: 4
  • Address - Street Name: Macomber
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1717
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $614,200

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 751,114
  • High Value: 870,047
  • Low Value: 632,180

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $631,200
  • Assessed Land Value: $178,100
  • Assessed Improvements Value: $453,100

    Sales

  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 623
  • Previous Sale Recording Date: Aug 28, 1997
  • Previous Sale Amount: $165,000
  • 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72079774

Frequently Asked Questions

When was property at 4 Macomber Road built and last sold?
The property at 4 Macomber Road was built in 1966 and last sold on Jan 1, 1970 for $428,500.
How much is this home worth?
The estimated value of the home located at 4 Macomber Road is $462,442.
What are some comparable homes to 4 Macomber Road?
There are currently no comparable homes to 4 Macomber Road.
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