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Gloucester 01930
5 Riverview Road
$380,000
● House - Off Market

5 Riverview Road

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,344 Ft²
$711,960
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Lovely, well maintained 3-4 bedroom Ranch located on beautiful Wheeler's Point.  This home has a spacious living room with hardwood flooring and French doors, an oversized updated eat-in kitchen with tile flooring and access to wrap around deck.  Three bedrooms and full bath plus laundry are all on the first level.  The lower level offers a 4th bedroom, hallway and spacious family room with floating flooring.  One car garage with pellet stove and French doors to back yard is currently being used as a work shop.  This wonderful home has many recent upgrades including newly reshingled roof, new wood shingles on two sides of house, new electric panel, newer hot water heater, updated bathroom, newer fencing, and much more.  Don't miss out!
Unit Size
1,344 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$298
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1958

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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 #71822030)

Price History

Date / Event Date Event Price
Jun 1, 2015 Sold
Premium
Sold
Apr 22, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $399,900
Listed by Coldwell Banker Residential Brokerage - Gloucester
Jul 21, 2006 Sold
Premium
Sold
Apr 28, 2006 Listed by Coldwell Banker Residential Brokerage - Gloucester $369,900
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 9
  • Basement Area: 980
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,400
  • Total Building Area: 1,344
  • Gross Building Area: 3,012
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000147
  • 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: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0096 B:0112 L:0000
  • Block: 112
  • Municipality: GLOUCESTER
  • Latitude: 42.6316
  • Longitude: -70.6814

    Address

  • Full Address: 5 Riverview Rd
  • Address - House Number: 5
  • Address - Street Name: Riverview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C017
  • 4-Digit Zip Code: 1613
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $564,700

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 657,328
  • High Value: 775,161
  • Low Value: 539,495

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $580,400
  • Assessed Land Value: $202,400
  • Assessed Improvements Value: $378,000

    Sales

  • Current Sale Recording Date: Jun 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 210
  • Previous Sale Recording Date: Jul 21, 2006
  • Previous Sale Amount: $355,000
  • 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:

$699,450

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1941 ft²

Average Home Age

77 years

Currently For Sale

91 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# 71822030

Frequently Asked Questions

When was property at 5 Riverview Road built and last sold?
The property at 5 Riverview Road was built in 1958 and last sold on Jan 1, 1970 for $380,000.
How much is this home worth?
The estimated value of the home located at 5 Riverview Road is $418,242.
What are some comparable homes to 5 Riverview Road?
There are currently no comparable homes to 5 Riverview Road.
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