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Gloucester 01930
53 Prospect St
$158,800
● House - Off Market

53 Prospect St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,646 Ft²
$288,316
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

IN NEED OF TOTAL RENOVATION   ---  This single family 7 room, 3 bedroom in town Colonial with off street parking is close to Downtown Main Street, shopping, and the train. The basement has stand-up height, and there is possible expansion in the walk-up attic space. The spacious back yard when cleared, will offer outdoor space for more parking, gardening, or just relaxing in the sun!   Is this handyman special your opportunity for home ownership or an opportunity to secure an investment.  Property is being sold "as is'.
Unit Size
1,646 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$94
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1900

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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 #71721675)

Price History

Date / Event Date Event Price
Sep 19, 2014 Sold
Premium
Sold
Jul 30, 2014 Listed by Coldwell Banker Residential Brokerage - Gloucester $154,900
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 840
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,400
  • Total Building Area: 1,659
  • Gross Building Area: 3,154
  • Building Area: 1,659
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,659
  • 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: 221500

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0014 B:0044 L:0000
  • Block: 44
  • Municipality: GLOUCESTER
  • Latitude: 42.615
  • Longitude: -70.6645

    Address

  • Full Address: 53 Prospect St
  • Address - House Number: 53
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C003
  • 4-Digit Zip Code: 5928
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $316,300

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 345,720
  • High Value: 408,487
  • Low Value: 282,954

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $325,100
  • Assessed Land Value: $140,000
  • Assessed Improvements Value: $185,100

    Sales

  • Current Sale Recording Date: Sep 19, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 91900363
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# 71721675

Frequently Asked Questions

When was property at 53 Prospect Street built and last sold?
The property at 53 Prospect Street was built in 1900 and last sold on Jan 1, 1970 for $158,800.
How much is this home worth?
The estimated value of the home located at 53 Prospect Street is $191,728.
What are some comparable homes to 53 Prospect Street?
There are currently no comparable homes to 53 Prospect Street.
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