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Gloucester 01930
5 Skywood Terrace
Photo of 5 Skywood Terrace
Sold on Aug 2, 2006

1

Map

$427,500
● House - Off Market

5 Skywood Terrace

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,714 Ft²
$758,797
RealtyHop Estimate
68.66%
Since Sep 1, 2006
National-US
Primary Model

About This Property

Immaculate and manicured cape w/farmer's porch in desirable newer sub division. This 4 bedroom, 1.5 bath property is in mint condition. Granite counters w/center island on rich tile floor. Hardwood floors shine throughout, open concept living/dining room to walk out deck. Air purification system,irrigation system, shed & large backyard, professionally maintained grounds. One of the finest affordable homes on Cape Ann!
Unit Size
1,714 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$262
Property Type
House
Property Taxes
$324
HOA Dues
-
Year Built
1998

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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: 5 months ago (MLSPIN #70340185)

Price History

Date / Event Date Event Price
Aug 2, 2006 Sold
Premium
Sold
Mar 2, 2006 Listed $449,900
Listed
Jul 8, 1998 Sold
Premium
Sold
Apr 30, 1998 Listed by Century 21 N. Shore By The Sea $229,000
Listed by Century 21 N. Shore By The Sea
TO BE BUILT CAPE WITH FARMERS PORCH

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 952
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,315
  • Total Building Area: 1,666
  • Gross Building Area: 3,190
  • Building Area: 1,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,666
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0263 B:0053 L:0000
  • Block: 53
  • Municipality: GLOUCESTER
  • Latitude: 42.6233
  • Longitude: -70.6504

    Address

  • Full Address: 5 Skywood Ter
  • Address - House Number: 5
  • Address - Street Name: Skywood
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C031
  • 4-Digit Zip Code: 1879
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $654,100

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 753,876
  • High Value: 881,343
  • Low Value: 626,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $672,300
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $437,600

    Sales

  • Current Sale Recording Date: Feb 21, 2008
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 02, 2006
  • Previous Sale Amount: $427,500
  • 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

1949 ft²

Average Home Age

77.5 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: 5 months ago
Data Source: MLS PIN, MLS# 70340185

Frequently Asked Questions

When was property at 5 Skywood Terrace built and last sold?
The property at 5 Skywood Terrace was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Skywood Terrace is $475,213.
What are some comparable homes to 5 Skywood Terrace?
There are currently no comparable homes to 5 Skywood Terrace.
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