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Gloucester 01930
4 Thomas Ct
$440,000
● House - Off Market

4 Thomas Ct

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,571 Ft²
$434,879
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

If you buy this home now, you'll be in to plant a garden and have fresh vegetables this summer.  Located near shopping and Burnham's field and only a few blocks to downtown restaurants and harbor.  Three bedrooms, 1.5 baths and the kind of kitchen that welcomes everyone for conversation and coffee at the table. It's easy to get to the fenced yard from the kitchen where there's plenty of room for bikes, toys and maybe some raised garden beds.  This property has the potential to be a forever home - make it yours. Come see the possibilities.  Floor Plan available.  Call for appointment.   Offers due by 8:00 pm Monday, January 31, 2022.  Please give 72 hours for response
Unit Size
1,571 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$273
Property Type
House
Property Taxes
$423
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 #72937293)

Price History

Date / Event Date Event Price
Apr 19, 2022 Sold
Premium
Sold
Jan 26, 2022 Listed by RE/MAX 360 $429,000
Listed by RE/MAX 360

Property Highlights

Parking Available

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: 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: 922
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,380
  • Total Building Area: 1,497
  • Gross Building Area: 2,600
  • Building Area: 1,497
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,497
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000078
  • 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: NB

Geography

  • Parcel: GLOU M:0027 B:0050 L:0000
  • Block: 50
  • Municipality: GLOUCESTER
  • Latitude: 42.6184
  • Longitude: -70.6625

    Address

  • Full Address: 4 Thomas Ct
  • Address - House Number: 4
  • Address - Street Name: Thomas
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C033
  • 4-Digit Zip Code: 2830
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $447,600

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 545,848
  • High Value: 646,901
  • Low Value: 444,795

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $460,000
  • Assessed Land Value: $120,100
  • Assessed Improvements Value: $339,900

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220419003160
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# 72937293

Frequently Asked Questions

When was property at 4 Thomas Court built and last sold?
The property at 4 Thomas Court was built in 1900 and last sold on Apr 15, 2022 for $440,000.
How much is this home worth?
The estimated value of the home located at 4 Thomas Court is $453,798.
What are some comparable homes to 4 Thomas Court?
There are currently no comparable homes to 4 Thomas Court.
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