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Gloucester 01930
535 Washington Street
$284,000
● House - Off Market

535 Washington Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,374 Ft²
$550,126
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Open 4/22 from 530 to 700 and Open 4/25 from 12 to 2!! Great opportunity to own this 6 room 3 bedroom 1 full bath home with peeks of the Annisquam River. This home features an updated roof, windows,boiler,electrical over the last few years.  The first floor features a kitchen with exterior access to the backyard, a cozy dining room with hardwood floors, a good size living room with hardwood floors plus a 3 season front porch area that would be great additional living space for the new owner.  An attractive staircase leads to the second floor.  The second floor includes 3 bedrooms one full bathroom and a great bonus is the laundry room also on the second floor.  The home includes forced hot water by natural gas the home is insulated and the home comes complete with compliance letters for lead paint removal.
Unit Size
1,374 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$225
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1880

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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 #71821159)

Price History

Date / Event Date Event Price
Jun 30, 2015 Sold
Premium
Sold
Apr 21, 2015 Listed by RE/MAX Advantage Real Estate $309,000
Listed by RE/MAX Advantage Real Estate
Jan 22, 2009 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 1,152
  • Gross Building Area: 1,374
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • 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: 221100

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0111 B:0032 L:0000
  • Block: 32
  • Municipality: GLOUCESTER
  • Latitude: 42.6406
  • Longitude: -70.672

    Address

  • Full Address: 535 Washington St
  • Address - House Number: 535
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1750
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $420,700

    Appraisal Valuation

  • Standard Deviation: 0.2586
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 63
  • Final Value: 559,842
  • High Value: 704,647
  • Low Value: 415,036

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $432,400
  • Assessed Land Value: $152,800
  • Assessed Improvements Value: $279,600

    Sales

  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 939
  • Previous Sale Recording Date: Jan 22, 2009
  • Previous Sale Amount: $140,000
  • 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:

$699,900

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# 71821159

Frequently Asked Questions

When was property at 535 Washington Street built and last sold?
The property at 535 Washington Street was built in 1880 and last sold on Jan 1, 1970 for $284,000.
How much is this home worth?
The estimated value of the home located at 535 Washington Street is $330,354.
What are some comparable homes to 535 Washington Street?
There are currently no comparable homes to 535 Washington Street.
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