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Gloucester 01930
548 Washington Street
$930,000
● House - Off Market

548 Washington Street

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,902 Ft²
$1,386,644
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Lovely WATERFRONT home with spectacular river views and stunning sunsets! Boat or paddle over to Wingaersheek Beach or Goose Cove. This 9 room, 4 bedroom and 3 bath home has an open floor plan with many fine details including granite counters, maple hardwood floors, gas fireplace, wood stove, crown mouldings, recessed lighting, ceiling fans and a sauna in the master bath. Walls of glass and a huge wraparound deck to enjoy the beautiful water views. Carport, shed, fenced portion of the yard for your dog plus invisible dog fence and ample parking. Many improvements including new roof in the Fall of 2019. Close to Rte. 128, Willow Rest, post office, hospital, beaches and entrance to Dogtown and walking trails. Not a driveby-can only see top of house from the street.
Unit Size
2,902 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$341
Property Type
House
Property Taxes
$723
HOA Dues
-
Year Built
1992

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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 #72649456)

Price History

Date / Event Date Event Price
Jun 17, 2020 Sold
Premium
Sold
Apr 30, 2020 Listed by J. Barrett & Company $989,000
Listed by J. Barrett & Company
Oct 21, 2008 Sold
Premium
Sold
Jun 18, 2008 Listed by J. Barrett & Company $649,000
Listed by J. Barrett & Company
Jun 1, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 7
  • Basement Area: 914
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,600
  • Total Building Area: 1,370
  • Gross Building Area: 4,072
  • Building Area: 1,370
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,370
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLOUCESTER
  • Land Acres: 0000000473
  • 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:0056 L:0000
  • Block: 56
  • Municipality: GLOUCESTER
  • Latitude: 42.6418
  • Longitude: -70.6717

    Address

  • Full Address: 548 Washington St
  • Address - House Number: 548
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1771
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,105,100

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,054,019
  • High Value: 1,237,467
  • Low Value: 870,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,135,800
  • Assessed Land Value: $536,700
  • Assessed Improvements Value: $599,100

    Sales

  • Current Sale Contract Date: Jun 11, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200617000030
  • Previous Sale Recording Date: Oct 21, 2008
  • Previous Sale Amount: $602,000
  • 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# 72649456

Frequently Asked Questions

When was property at 548 Washington Street built and last sold?
The property at 548 Washington Street was built in 1992 and last sold on Jun 11, 2020 for $930,000.
How much is this home worth?
The estimated value of the home located at 548 Washington Street is $1,016,631.
What are some comparable homes to 548 Washington Street?
There are currently no comparable homes to 548 Washington Street.
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