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Gloucester 01930
6 Tolman St
$320,000
● House - Off Market

6 Tolman St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,304 Ft²
$621,651
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

Wonderful 3 BR, 2 BA East Gloucester Colonial tucked away on a quiet side st. yet close to Good Harbor Beach, shopping plaza,and downtown Gloucester. Many recent improvements have all been done for you like fully applianced updated oak kitchen w/4 person breakfast bar, built in wine rack and glass rack. Newer baths (2009) w/ whirlpool tub, roof (2002), heating (2007), & replacement windows (2004). Hardwood floors throughout! Separate detached 20x11 game/exercise room or home office building w/ wide pine floors &french doors. Large front & rear decks offer room to sit outside. Fenced rear yard. 3 car paved parking.  Washer/dryer on 2nd floor. Full walkout basement. Close enough to walk to Good Harbor Beach! FIRST SHOWINGS AT OPEN HOUSE SUN. DEC. 8th  1-3PM .
Unit Size
1,304 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$245
Property Type
House
Property Taxes
$244
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 #71614436)

Price History

Date / Event Date Event Price
Dec 3, 2021 Sold
Premium
Sold
Oct 12, 2021 Listed by North Shore's Gold Coast Realty $475,000
Listed by North Shore's Gold Coast Realty
Jan 30, 2014 Sold
Premium
Sold
Dec 6, 2013 Listed by North Shore's Gold Coast Realty $319,900
Listed by North Shore's Gold Coast Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 762
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,800
  • Total Building Area: 1,324
  • Gross Building Area: 2,614
  • Building Area: 1,324
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,324
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000087
  • 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: 221400

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0049 B:0012 L:0000
  • Block: 12
  • Municipality: GLOUCESTER
  • Latitude: 42.6197
  • Longitude: -70.6465

    Address

  • Full Address: 6 Tolman St
  • Address - House Number: 6
  • Address - Street Name: Tolman
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C031
  • 4-Digit Zip Code: 3112
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $514,100

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 613,750
  • High Value: 720,661
  • Low Value: 506,838

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $528,400
  • Assessed Land Value: $133,800
  • Assessed Improvements Value: $394,600

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211203003660
  • Previous Sale Recording Date: Jan 30, 2014
  • Previous Sale Amount: $320,000
  • 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

1919 ft²

Average Home Age

80.1 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# 71614436

Frequently Asked Questions

When was property at 6 Tolman Street built and last sold?
The property at 6 Tolman Street was built in 1900 and last sold on Dec 3, 2021 for $565,000.
How much is this home worth?
The estimated value of the home located at 6 Tolman Street is $494,117.
What are some comparable homes to 6 Tolman Street?
There are currently no comparable homes to 6 Tolman Street.
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