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Gloucester 01930
43 Ye Olde County Rd
$435,000
● House - Off Market

43 Ye Olde County Rd

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,221 Ft²
$882,374
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model

About This Property

Magical views from most rooms across a quiet private saltwater cove (known only to locals...) on the Annisquam River.  Tidal float/dock might be possible.  Swim, kayak, clam, canoe, sail, waterski, from your own little beach.  New England  Cape home with rustic charm.  1 minute tops to Rt. 128, but a world away.
Unit Size
1,221 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$389
Property Type
House
Property Taxes
$408
HOA Dues
$100
Year Built
1965

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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 #71647853)

Price History

Date / Event Date Event Price
Aug 25, 2014 Sold
Premium
Sold
Mar 12, 2014 Listed by Coldwell Banker Residential Brokerage - Gloucester $475,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 1,221
  • Gross Building Area: 2,197
  • Building Area: 1,221
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,221
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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: 221902

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0232 B:0013 L:0000
  • Block: 13
  • Municipality: GLOUCESTER
  • Latitude: 42.6272
  • Longitude: -70.6924

    Address

  • Full Address: 43 Ye Olde County Rd
  • Address - House Number: 43
  • Address - Street Name: Ye Olde County
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2115
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $714,700

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 822,466
  • High Value: 953,713
  • Low Value: 691,218

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $734,500
  • Assessed Land Value: $385,900
  • Assessed Improvements Value: $348,600

    Sales

  • Current Sale Contract Date: May 10, 2017
  • Current Sale Recording Date: May 16, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 582512
  • Previous Sale Recording Date: Aug 25, 2014
  • Previous Sale Amount: $435,000
  • Previous Sale Document Type: O
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

1906 ft²

Average Home Age

79.6 years

Currently For Sale

89 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# 71647853

Frequently Asked Questions

When was property at 43 Ye Olde County Road built and last sold?
The property at 43 Ye Olde County Road was built in 1965 and last sold on May 10, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 43 Ye Olde County Road is $484,174.
What are some comparable homes to 43 Ye Olde County Road?
There are currently no comparable homes to 43 Ye Olde County Road.
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