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Gloucester 01930
6 Youngs Road
$430,000
● House - Off Market

6 Youngs Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,258 Ft²
$508,000
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Location, Location, with Water Views of Goose Cove. Bring your ideas and toolbox, House Needs Updating. This Ranch offers 3 Bedrooms, One Bath and a finished room in the basement with potential to expand. Hardwood floors in Living room, Hall and Bedrooms.This House has Solid Bones and is well worth the Updating it needs. Deeded Rights at Mill Pond. Launch your kayak, SUP, canoe, or go or a refreshing dip in Mill Pond at Goose Cove with access to the Annisquam River. This one will not last. Showings by appointment only. Bookings Saturday August 29th and Sunday August 30th from Noon to 3 PM, All Offers By Noon on Monday August 31st.
Unit Size
1,258 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$302
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1957

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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 years ago (MLSPIN #72717195)

Price History

Date / Event Date Event Price
Oct 13, 2020 Sold
Premium
Sold
Aug 28, 2020 Listed by J. Barrett & Company $379,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 11
  • 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: 1,258
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,420
  • Total Building Area: 1,258
  • Gross Building Area: 2,628
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • 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-20

Geography

  • Parcel: GLOU M:0114 B:0014 L:0000
  • Block: 14
  • Municipality: GLOUCESTER
  • Latitude: 42.652
  • Longitude: -70.6711

    Address

  • Full Address: 6 Youngs Rd
  • Address - House Number: 6
  • Address - Street Name: Youngs
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1338
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $453,200

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 546,635
  • High Value: 642,699
  • Low Value: 450,570

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $465,800
  • Assessed Land Value: $176,800
  • Assessed Improvements Value: $289,000

    Sales

  • Current Sale Contract Date: Oct 06, 2020
  • Current Sale Recording Date: Oct 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20201013004150
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

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 72717195

Frequently Asked Questions

When was property at 6 Youngs Road built and last sold?
The property at 6 Youngs Road was built in 1957 and last sold on Oct 6, 2020 for $430,000.
How much is this home worth?
The estimated value of the home located at 6 Youngs Road is $0.
What are some comparable homes to 6 Youngs Road?
There are currently no comparable homes to 6 Youngs Road.
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