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Gloucester 01930
6 Cabo Drive
$262,000
● House - Off Market

6 Cabo Drive

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$440,810
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

It's all about the Beach! A stone's throw from either entrance to Good Harbor Beach is ideal for an investment & rent by the week, or live in all year round. This cute 2 bedroom house located on a dead end street in East Gloucester. Private & cozy with a working fire place,  small dining room, back yard, storage shed & more. 5 year old furnace, newer appliances and a one year old roof...First Open House this Saturday November 5th 12-1:30.All offers will be reviewed by 5:00 on Sunday, November 6th.
Unit Size
840 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$312
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1955

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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 #72088783)

Price History

Date / Event Date Event Price
Dec 16, 2016 Sold
Premium
Sold
Nov 2, 2016 Listed by Coldwell Banker Residential Brokerage - Gloucester $262,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 8
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,420
  • Total Building Area: 1,680
  • Gross Building Area: 2,200
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VISTA DEL MAR
  • Land Acres: 0000000147
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0185 B:0075 L:0000
  • Block: 75
  • Municipality: GLOUCESTER
  • Latitude: 42.6202
  • Longitude: -70.6412

    Address

  • Full Address: 6 Cabo Dr
  • Address - House Number: 6
  • Address - Street Name: Cabo
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C008
  • 4-Digit Zip Code: 3121
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $573,200

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 663,396
  • High Value: 781,791
  • Low Value: 545,001

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $589,100
  • Assessed Land Value: $202,600
  • Assessed Improvements Value: $386,500

    Sales

  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 539
  • Previous Sale Recording Date: Jul 02, 2014
  • 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

1928 ft²

Average Home Age

77.9 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: 4 months ago
Data Source: MLS PIN, MLS# 72088783

Frequently Asked Questions

When was property at 6 Cabo Drive built and last sold?
The property at 6 Cabo Drive was built in 1955 and last sold on Jan 1, 1970 for $262,000.
How much is this home worth?
The estimated value of the home located at 6 Cabo Drive is $274,231.
What are some comparable homes to 6 Cabo Drive?
There are currently no comparable homes to 6 Cabo Drive.
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