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Gloucester 01930
47 Centennial Ave
$439,000
● House - Off Market

47 Centennial Ave

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,880 Ft²
$815,987
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model

About This Property

This intriguing arts and crafts colonial villa surrounded by beautiful stonewalls and mature landscaping offers majestic views of Gloucester's outer harbor and beyond.  Many original features including raised wood paneling and French doors and working fireplace, coffered ceilings. Covered entry & open porch. 2 car garage, newer roof and furnace.  Large lot, perfect for gardening, large family play area, or possible sub-division offers unique developer opportunity. There is a bath w/shower located in the basement , and area 24x12 semi-finished space for playroom, workout room, or guest space, as well. 2 car garage. This great central location is a short walk to town, boulevard, Stage Fort Park & beaches. There is a public boat launch around the corner, and 5 minutes to marina, commuter rail & Rte 128.
Unit Size
1,880 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$234
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
1935

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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 #71664465)

Price History

Date / Event Date Event Price
Jun 6, 2014 Sold
Premium
Sold
Apr 22, 2014 Listed by Vadala Real Estate $439,000
Listed by Vadala Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • 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: 900
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,797
  • Total Building Area: 1,880
  • Gross Building Area: 3,674
  • Building Area: 1,880
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,880
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000409
  • 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: 221700

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0005 B:0010 L:0000
  • Block: 10
  • Municipality: GLOUCESTER
  • Latitude: 42.6135
  • Longitude: -70.673

    Address

  • Full Address: 47 Centennial Ave
  • Address - House Number: 47
  • Address - Street Name: Centennial
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C032
  • 4-Digit Zip Code: 2541
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $723,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $743,800
  • Assessed Land Value: $230,100
  • Assessed Improvements Value: $513,700

    Sales

  • Current Sale Recording Date: Jun 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 60600139
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

1928 ft²

Average Home Age

77.9 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71664465

Frequently Asked Questions

When was property at 47 Centennial Avenue built and last sold?
The property at 47 Centennial Avenue was built in 1935 and last sold on Jan 1, 1970 for $439,000.
How much is this home worth?
The estimated value of the home located at 47 Centennial Avenue is $471,033.
What are some comparable homes to 47 Centennial Avenue?
There are currently no comparable homes to 47 Centennial Avenue.
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