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Gloucester 01930
58 Woodward Ave
$516,000
● House - Off Market

58 Woodward Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,800 Ft²
$1,109,346
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model

About This Property

DIRECT RIVERFRONT WITH DOCK! This property is a custom built home on .24 acres with an open living concept of kitchen and living room which has a floor to ceiling granite fireplace..There is a sunroom off the kitchen and a deck which overlooks the Little River.  The lower level has 2 bedrooms and 1 bath and is a walk out to the river.  The separate garage/loft building which is 24X28 is a true BONUS with has potential for an apartment/studio with amazing river views.  The train station to  Boston is minutes away...Walk or Drive  WHAT A LOCATION and wonderful opportunity to own 2 buildings directly on the river.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$347
Property Type
House
Property Taxes
$619
HOA Dues
-
Year Built
1963

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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: 6 months ago (MLSPIN #71841187)

Price History

Date / Event Date Event Price
Dec 9, 2015 Sold
Premium
Sold
May 21, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $625,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 2
  • 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: 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: 10,300
  • Total Building Area: 954
  • Gross Building Area: 2,310
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 954
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JOHN J STANWOOD
  • Land Acres: 0000000236
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221902

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0219 B:0111 L:0000
  • Block: 111
  • Municipality: GLOUCESTER
  • Latitude: 42.6152
  • Longitude: -70.704

    Address

  • Full Address: 58 Woodward Ave
  • Address - House Number: 58
  • Address - Street Name: Woodward
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C024
  • 4-Digit Zip Code: 2449
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,018,000

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 846,837
  • High Value: 993,699
  • Low Value: 699,975

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,046,200
  • Assessed Land Value: $481,100
  • Assessed Improvements Value: $565,100

    Sales

  • Current Sale Recording Date: Dec 09, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 254
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:

$699,000

Sale Price/ft²

$448

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2084 ft²

Average Home Age

77.9 years

Currently For Sale

85 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: 6 months ago
Data Source: MLS PIN, MLS# 71841187

Frequently Asked Questions

When was property at 58 Woodward Avenue built and last sold?
The property at 58 Woodward Avenue was built in 1963 and last sold on Jan 1, 1970 for $516,000.
How much is this home worth?
The estimated value of the home located at 58 Woodward Avenue is $638,716.
What are some comparable homes to 58 Woodward Avenue?
There are currently no comparable homes to 58 Woodward Avenue.
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