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Gloucester 01930
5 Abbey Road
Photo of 5 Abbey Road
Sold on Mar 31, 2010

1

Map

$280,000
● House - Off Market

5 Abbey Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$694,200
RealtyHop Estimate
113.67%
Since Apr 1, 2010
National-US
Primary Model

About This Property

West Gloucester home offers plenty of living space!  Many updates include 200 amp service, gas fireplace, spacious rooms, sunroom/office and a large master with vaulted ceilings, double walk-in closet, full bath leading to additional room with a hot tub!  Serine woodlands surround with paths for walking, hiking, and cross country near by, plus a pond for ice skating just across the street. Easy commute to Rt. 128.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$178
Property Type
House
Property Taxes
$282
HOA Dues
-
Year Built
1930

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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 #70956569)

Price History

Date / Event Date Event Price
Apr 1, 2010 Sold
Premium
Sold
Aug 4, 2009 Listed $324,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 14,541
  • Total Building Area: 1,778
  • Gross Building Area: 3,770
  • Building Area: 1,778
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,778
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000334
  • 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:0227 B:0043 L:0000
  • Block: 43
  • Municipality: GLOUCESTER
  • Latitude: 42.6233
  • Longitude: -70.7367

    Address

  • Full Address: 5 Abbey Rd
  • Address - House Number: 5
  • Address - Street Name: Abbey
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C010
  • 4-Digit Zip Code: 2045
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $579,600

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 655,380
  • High Value: 769,204
  • Low Value: 541,555

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $595,700
  • Assessed Land Value: $189,500
  • Assessed Improvements Value: $406,200

    Sales

  • Current Sale Recording Date: Apr 01, 2010
  • Current Sale Price:
    Premium
  • Current 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:

$699,900

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# 70956569

Frequently Asked Questions

When was property at 5 Abbey Road built and last sold?
The property at 5 Abbey Road was built in 1930 and last sold on Jan 1, 1970 for $280,000.
How much is this home worth?
The estimated value of the home located at 5 Abbey Road is $355,595.
What are some comparable homes to 5 Abbey Road?
There are currently no comparable homes to 5 Abbey Road.
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