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Gloucester 01930
6 Samuel Riggs Circle
$139,000
● Land - Off Market

6 Samuel Riggs Circle

Gloucester, MA 01930
bedrooms
Studio
bathrooms
0 Bath
$510,038
RealtyHop Estimate
183.35%
Since Feb 1, 2001
National-US
Primary Model

About This Property

SOLD BY SEALED BID TOBE OPENED 3/31/00. NO CONTINGENTCIES EXCEPT BUILDING PERMIT, CLOSE WITHIN 90 DAYS. 105' FRONTAGE ON MILL RIVER,NICE VIEWS, POTENTIAL FOR DOCK.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$116
HOA Dues
-
Year Built
2001

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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 years ago (MLSPIN #30385436)

Price History

Date / Event Date Event Price
Oct 28, 2014 Sold
Premium
Sold
Jan 20, 2001 Sold
Premium
Sold
Feb 14, 2000 Listed by Fitz Lufkin Real Estate $180,000
Listed by Fitz Lufkin Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 576
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,700
  • Total Building Area: 1,608
  • Gross Building Area: 3,316
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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:0112 B:0017 L:0000
  • Block: 17
  • Municipality: GLOUCESTER
  • Latitude: 42.6426
  • Longitude: -70.6759

    Address

  • Full Address: 6 Samuel Riggs Cir
  • Address - House Number: 6
  • Address - Street Name: Samuel Riggs
  • Address - Suffix Type: Cir
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C028
  • 4-Digit Zip Code: 1785
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,193,000

    Appraisal Valuation

  • Standard Deviation: 0.2162
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 750,389
  • High Value: 912,646
  • Low Value: 588,131

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,226,100
  • Assessed Land Value: $770,900
  • Assessed Improvements Value: $455,200

    Sales

  • Current Sale Contract Date: Oct 07, 2015
  • Current Sale Recording Date: Oct 23, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 566477
  • Previous Sale Recording Date: Oct 28, 2014
  • Previous Sale Contract Date: Oct 28, 2014
  • Previous Sale Amount: $400,000
  • 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:

$699,000

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1959 ft²

Average Home Age

78.3 years

Currently For Sale

89 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 years ago
Data Source: MLS PIN, MLS# 30385436

Frequently Asked Questions

When was property at 6 Samuel Riggs Circle built and last sold?
The property at 6 Samuel Riggs Circle was built in 2001 and last sold on Oct 7, 2015 for $0.
How much is this home worth?
The estimated value of the home located at 6 Samuel Riggs Circle is $0.
What are some comparable homes to 6 Samuel Riggs Circle?
There are currently no comparable homes to 6 Samuel Riggs Circle.
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