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Gloucester 01930
598 Western Ave
Photo of 598 Western Ave
Sold on Jul 20, 2005

1

Map

$320,000
● House - Off Market

598 Western Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,412 Ft²
$591,601
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

Wonderful Arts & Crafts style bungalow with high ceilings, 9 over 1 windows, wood flooring, screened porch in front on large wooded lot. Home is set well back from road. One car detached garage . Very private setting, A little TLC will go a long way on this special house.
Unit Size
1,412 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$237
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1911

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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: 5 months ago (MLSPIN #70190432)

Price History

Date / Event Date Event Price
Jul 20, 2005 Sold
Premium
Sold
May 12, 2005 Listed $335,000
Listed
Feb 11, 2000 Sold
Premium
Sold
May 7, 1999 Listed by J. Barrett & Company $199,000
Listed by J. Barrett & Company
CHARMING BUNGALOW IN A GREAT MAGNOLIA LOCATION. 3 BEDROOMS, DEN, FIREPLACE, HARDWOOD FLOORS, AND A WONDERFULLY LANDSCAPED LOT.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 3
  • 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: 132
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,000
  • Total Building Area: 1,928
  • Gross Building Area: 3,235
  • Building Area: 1,928
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,928
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HENRY R STEADMAN JR
  • 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: 221901

Zoning

  • Zoning: R-30

Geography

  • Parcel: GLOU M:0193 B:0002 L:0000
  • Block: 2
  • Municipality: GLOUCESTER
  • Latitude: 42.5882
  • Longitude: -70.7138

    Address

  • Full Address: 598 Western Ave
  • Address - House Number: 598
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C030
  • 4-Digit Zip Code: 5120
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,300

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 667,277
  • High Value: 790,811
  • Low Value: 543,743

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $613,900
  • Assessed Land Value: $184,800
  • Assessed Improvements Value: $429,100

    Sales

  • Current Sale Recording Date: Jul 20, 2005
  • Current Sale Price:
    Premium
  • Current 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:

$699,450

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1949 ft²

Average Home Age

77.5 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70190432

Frequently Asked Questions

When was property at 598 Western Avenue built and last sold?
The property at 598 Western Avenue was built in 1911 and last sold on Jan 1, 1970 for $320,000.
How much is this home worth?
The estimated value of the home located at 598 Western Avenue is $357,212.
What are some comparable homes to 598 Western Avenue?
There are currently no comparable homes to 598 Western Avenue.
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