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Gloucester 01930
44 Atlantic St
$418,000
● House - Off Market

44 Atlantic St

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,444 Ft²
$609,993
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

West Gloucester sprawling ranch situated on a private lot with a wooded surround.  Enter through the spacious foyer with hardwood floors.  This rustic home has warm character throughout featuring exposed beams, cathedral ceilings, brick fireplace and skylights.  The open concept living room and bright kitchen displays white cabinets with granite counter tops and track lighting.  The master bedroom has lots of natural light and a wide closet.  The second bedroom is spacious and offers a favorable layout.  Both bedrooms feature sustainable cork flooring.  On the southern side of the home the sunroom offers another living area great for entertaining leading to the deck and yard.  Desirable location close to the new West Parish Elementary school and Wingaersheek beach.
Unit Size
1,444 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$297
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1956

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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 #72618644)

Price History

Date / Event Date Event Price
Apr 3, 2020 Sold
Premium
Sold
Feb 12, 2020 Listed by J. Barrett & Company $429,000
Listed by J. Barrett & Company
Jul 8, 2016 Sold
Premium
Sold
Apr 18, 2016 Listed by J. Barrett & Company $399,000
Listed by J. Barrett & Company
Oct 31, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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: 23
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,850
  • Total Building Area: 1,444
  • Gross Building Area: 2,014
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000341
  • 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-20

Geography

  • District: 107
  • Parcel: GLOU M:0243 B:0002 L:0000
  • Block: 2
  • Municipality: GLOUCESTER
  • Latitude: 42.6361
  • Longitude: -70.7038

    Address

  • Full Address: 44 Atlantic St
  • Address - House Number: 44
  • Address - Street Name: Atlantic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1660
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $504,400

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 618,671
  • High Value: 725,884
  • Low Value: 511,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $518,400
  • Assessed Land Value: $190,500
  • Assessed Improvements Value: $327,900

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200403003230
  • Previous Sale Recording Date: Jul 08, 2016
  • Previous Sale Amount: $385,000
  • 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

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# 72618644

Frequently Asked Questions

When was property at 44 Atlantic Street built and last sold?
The property at 44 Atlantic Street was built in 1956 and last sold on Mar 3, 2020 for $418,000.
How much is this home worth?
The estimated value of the home located at 44 Atlantic Street is $446,819.
What are some comparable homes to 44 Atlantic Street?
There are currently no comparable homes to 44 Atlantic Street.
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