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Gloucester 01930
6 Springfield Street
$291,500
● House - Off Market

6 Springfield Street

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,103 Ft²
$476,500
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

a hidden gem, less than a 2 minute drive to Grant Circle (Rt. 128) yet set on a discreet, short side street which most don't know where it is located. One could take a brisk 10 minute walk to the Gloucester 'T' Station.  Gas. Gas. Gas. heat, hot water, cooking.  wonderful open floor plan on the first floor--open  from kitchen to dining room to living room with many large windows for great light; plus built ins.  freshly painted, new Pergo flooring on the first floor, new w/w carpeting in the bedrooms; full basement with HUGE ceiling height; a great open,yet roofed porch to sit and enjoy the sunsets as well as a sloping back yard with many options. A tandem second car spot can easily be created. This one is a sleeper.
Unit Size
1,103 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$267
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1900

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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: 4 months ago (MLSPIN #72106110)

Price History

Date / Event Date Event Price
Jan 8, 2021 Sold
Premium
Sold
Nov 4, 2020 Listed by Don Dunsky Real Estate $365,000
Listed by Don Dunsky Real Estate
May 12, 2017 Sold
Premium
Sold
Jan 6, 2017 Listed by Don Dunsky Real Estate $294,900
Listed by Don Dunsky Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 420
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,103
  • Gross Building Area: 1,905
  • Building Area: 1,103
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,103
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 221600

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0039 B:0029 L:0000
  • Block: 29
  • Municipality: GLOUCESTER
  • Latitude: 42.6224
  • Longitude: -70.6708

    Address

  • Full Address: 6 Springfield St
  • Address - House Number: 6
  • Address - Street Name: Springfield
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C009
  • 4-Digit Zip Code: 2624
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $430,700

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 520,268
  • High Value: 616,585
  • Low Value: 423,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $442,700
  • Assessed Land Value: $143,000
  • Assessed Improvements Value: $299,700

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210108005930
  • Previous Sale Recording Date: May 12, 2017
  • Previous Sale Amount: $291,500
  • Previous Sale Document Type: O
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

1906 ft²

Average Home Age

79.6 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 months ago
Data Source: MLS PIN, MLS# 72106110

Frequently Asked Questions

When was property at 6 Springfield Street built and last sold?
The property at 6 Springfield Street was built in 1900 and last sold on Jan 8, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 6 Springfield Street is $376,995.
What are some comparable homes to 6 Springfield Street?
There are currently no comparable homes to 6 Springfield Street.
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