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Gloucester 01930
55 High St
Photo of 55 High St
Sold on Jul 22, 2010

1

Map

$123,525
● House - Off Market

55 High St

Gloucester, MA 01930
bedrooms
1 Bed
bathrooms
1 Bath
square feet
840 Ft²
$197,311
RealtyHop Estimate
112.16%
Since Aug 1, 2010
National-US
Primary Model

About This Property

15,956 sf Lot, Abuts Greenbelt Land. Former Young's Farm in Lanesville. Seller REQUIRES Buyer obtain a free prequalification letter from Wells Fargo Home Mortgage, or Neighborhd Assist. Corp. of America. Cash offers require proof of funds.BUYER assumes any betterment including sewer. Sold AS IS. Any Inspections for Buyer information only
Unit Size
840 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$111
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MLSPIN #71093300)

Price History

Date / Event Date Event Price
Jul 22, 2010 Sold
Premium
Sold
Jun 9, 2010 Listed $93,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • 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: 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: 15,956
  • Total Building Area: 861
  • Gross Building Area: 1,113
  • Building Area: 861
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 11
  • Heated Square Feet: 861
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DONEGAL ROAD
  • Land Acres: 0000000366
  • 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-20

Geography

  • Parcel: GLOU M:0153 B:0051 L:0000
  • Block: 51
  • Municipality: GLOUCESTER
  • Latitude: 42.6766
  • Longitude: -70.6564

    Address

  • Full Address: 55 High St
  • Address - House Number: 55
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C020
  • 4-Digit Zip Code: 1149
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $302,600

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 341,642
  • High Value: 403,713
  • Low Value: 279,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $311,000
  • Assessed Land Value: $258,100
  • Assessed Improvements Value: $52,900

    Sales

  • Current Sale Recording Date: Dec 28, 2012
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 22, 2010
  • Previous Sale Amount: $123,525
  • 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: 2 years ago
Data Source: MLS PIN, MLS# 71093300

Frequently Asked Questions

When was property at 55 High Street built and last sold?
The property at 55 High Street was built in 1920 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 55 High Street is $114,216.
What are some comparable homes to 55 High Street?
There are currently no comparable homes to 55 High Street.
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