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Gloucester 01930
4 St. Peter Lane
$406,992
● House - Off Market

4 St. Peter Lane

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,760 Ft²
$626,381
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Magnolia ~ One level living! Located on an adorable cul de sac and within 1 mile of Magnolia Beach, this nicely maintained 3 bedroom, 1 bath ranch is ready for a new owner!  Set on beautiful 10,000+sf, level lot, this home offers the original galley kitchen with dining area, a sun lit living room, 3 bedrooms (the 3rd br on main level is currently being used as a laundry room but easy enough to bring laundry back down to basement), a renovated full bathroom, a large finished family room in basement as well as an office or 3rd bedroom.  Enjoy many summer days and night on the large deck and fenced in yard! Location, Location, Location! 1st showings at Open House on Monday, October 28th from 4:30-6:00pm.
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$244
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1973

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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 #72585316)

Price History

Date / Event Date Event Price
Jan 31, 2020 Sold
Premium
Sold
Oct 27, 2019 Listed by J. Barrett & Company $429,900
Listed by J. Barrett & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,303
  • Total Building Area: 1,056
  • Gross Building Area: 2,406
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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: 221901

Zoning

  • Zoning: R-30

Geography

  • Parcel: GLOU M:0174 B:0033 L:0000
  • Block: 33
  • Municipality: GLOUCESTER
  • Latitude: 42.5831
  • Longitude: -70.7174

    Address

  • Full Address: 4 Saint Peters Ln
  • Address - House Number: 4
  • Address - Street Name: Saint Peters
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C030
  • 4-Digit Zip Code: 5104
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $511,100

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 584,641
  • High Value: 681,707
  • Low Value: 487,576

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $525,300
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $290,600

    Sales

  • Current Sale Contract Date: Jan 31, 2020
  • Current Sale Recording Date: Jan 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200131001740
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.

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Currently no similar homes around

Nearby Rentals

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72585316

Frequently Asked Questions

When was property at 4 St Peters Lane built and last sold?
The property at 4 St Peters Lane was built in 1973 and last sold on Jan 31, 2020 for $406,992.
How much is this home worth?
The estimated value of the home located at 4 St Peters Lane is $456,968.
What are some comparable homes to 4 St Peters Lane?
There are currently no comparable homes to 4 St Peters Lane.
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