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Gloucester 01930
41 East Main Street
Photo of 41 East Main Street
Sold on Jul 6, 2011

1

Map

$229,000
● House - Off Market

41 East Main Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
966 Ft²
$512,488
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

Good Harbor Beach, Gloucester Harbor and all the Downtown Shops, Restaurants, and Activities are minutes from this six room East Gloucester Bungalow offering hardwood floors, new roof, insulated garage (maybe a future studio), three car parking, a stand up basement, large yard for gardening and fun...And is in the East Gloucester Elementary School district. The master bedroom and full bath are on the main level. This in-town location allows for easy access to Rte. 128, and the train when needed.
Unit Size
966 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$242
Property Type
House
Property Taxes
$212
HOA Dues
-
Year Built
1948

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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 #71235402)

Price History

Date / Event Date Event Price
Jul 11, 2018 Sold
Premium
Sold
Jun 6, 2018 Listed by Coldwell Banker Residential Brokerage - Gloucester $388,800
Listed by Coldwell Banker Residential Brokerage - Gloucester
Jul 6, 2011 Sold
Premium
Sold
May 19, 2011 Listed by Coldwell Banker Residential Brokerage - Gloucester $233,900
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 390
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,004
  • Total Building Area: 966
  • Gross Building Area: 2,008
  • Building Area: 966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 966
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JERRY M & BETSY T JOHNSON
  • Land Acres: 0000000184
  • 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: R-5

Geography

  • Parcel: GLOU M:0054 B:0110 L:0000
  • Block: 110
  • Municipality: GLOUCESTER
  • Latitude: 42.6163
  • Longitude: -70.6482

    Address

  • Full Address: 41 E Main St
  • Address - House Number: 41
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C004
  • 4-Digit Zip Code: 3044
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $415,300

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 516,262
  • High Value: 611,838
  • Low Value: 420,686

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $426,800
  • Assessed Land Value: $162,600
  • Assessed Improvements Value: $264,200

    Sales

  • Current Sale Recording Date: Jul 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180711001810
  • Previous Sale Recording Date: Jul 06, 2011
  • Previous Sale Amount: $229,000
  • 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:

$699,000

Sale Price/ft²

$443

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2021 ft²

Average Home Age

81.4 years

Currently For Sale

95 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 months ago
Data Source: MLS PIN, MLS# 71235402

Frequently Asked Questions

When was property at 41 East Main Street built and last sold?
The property at 41 East Main Street was built in 1948 and last sold on Jan 1, 1970 for $388,800.
How much is this home worth?
The estimated value of the home located at 41 East Main Street is $391,782.
What are some comparable homes to 41 East Main Street?
There are currently no comparable homes to 41 East Main Street.
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