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Gloucester 01930
54 Ye Olde County Rd.
$600,000
● House - Off Market

54 Ye Olde County Rd.

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,062 Ft²
$1,261,670
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model

About This Property

Deepwater dock on Annisquam River (saltwater).  35 minutes north of Boston.   Cozy Maine-style riverfront cottage.  One of a kind location with big views.  Big deck.  2 Bd. 1 Ba. + basement bonus room with jacuzzi.    Rust Island location. Exit 12, Rt. 128.  Walk 1 minute to assocation beach. Boat 10 minutes to Gloucester Harbor to the South, or   10 minutes to Ipswich Bay to the North.  Rare one of a kind opportunity to own waterfront with real deep water dock.
Unit Size
1,062 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$636
Property Type
House
Property Taxes
$630
HOA Dues
-
Year Built
1950

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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 #71527129)

Price History

Date / Event Date Event Price
May 2, 2014 Sold
Premium
Sold
May 16, 2013 Listed by Coldwell Banker Residential Brokerage - Gloucester $675,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 208
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,960
  • Total Building Area: 962
  • Gross Building Area: 1,451
  • Building Area: 962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 962
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000298
  • 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:0232 B:0009 L:0000
  • Block: 9
  • Municipality: GLOUCESTER
  • Latitude: 42.6275
  • Longitude: -70.6909

    Address

  • Full Address: 54 Ye Olde County Rd
  • Address - House Number: 54
  • Address - Street Name: Ye Olde County
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 2116
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $988,800

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,101,252
  • High Value: 1,276,784
  • Low Value: 925,721

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,016,200
  • Assessed Land Value: $724,000
  • Assessed Improvements Value: $292,200

    Sales

  • Current Sale Recording Date: May 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 551921
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# 71527129

Frequently Asked Questions

When was property at 54 Ye Olde County Road built and last sold?
The property at 54 Ye Olde County Road was built in 1950 and last sold on Jan 1, 1970 for $600,000.
How much is this home worth?
The estimated value of the home located at 54 Ye Olde County Road is $669,183.
What are some comparable homes to 54 Ye Olde County Road?
There are currently no comparable homes to 54 Ye Olde County Road.
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