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Gloucester 01930
65 Dennison St
$490,000
● House - Off Market

65 Dennison St

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$819,950
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model

About This Property

On the Water's Edge! Waterfront location right on scenic and peaceful Goose Cove. Step into the sunny open plan kitchen, dining, and living area complete with a wall of windows overlooking Goose Cove's glimmering water. A waterside bedroom with  full bath a tub and shower that is accessible from both the bedroom and living area is on this level.  Downstairs there is a second bedroom, another full bath,and a screened porch overlooking the cove.  Living room with ceiling fan and gleaming hardwood floors complete the package.  A ready to go home for an idyllic vacation getaway, this property is year round with newer furnace. Process for dock permitting is straightforward. Strong rental history. Verdant grounds with irrigation system.  Parking for 3 cars.
Unit Size
1,280 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$402
Property Type
House
Property Taxes
$514
HOA Dues
-
Year Built
1926

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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 #72155217)

Price History

Date / Event Date Event Price
Sep 1, 2017 Sold
Premium
Sold
Apr 29, 2017 Listed by AVH Realty $514,900
Listed by AVH Realty
Aug 19, 1996 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 222
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,700
  • Total Building Area: 640
  • Gross Building Area: 1,379
  • Building Area: 640
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 640
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND GLOUCESTER
  • 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-20

Geography

  • Parcel: GLOU M:0115 B:0014 L:0000
  • Block: 14
  • Municipality: GLOUCESTER
  • Latitude: 42.6518
  • Longitude: -70.6666

    Address

  • Full Address: 65 Dennison St
  • Address - House Number: 65
  • Address - Street Name: Dennison
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1315
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $776,600

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 812,501
  • High Value: 942,159
  • Low Value: 682,844

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $798,200
  • Assessed Land Value: $545,200
  • Assessed Improvements Value: $253,000

    Sales

  • Current Sale Recording Date: Sep 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 408
  • Previous Sale Recording Date: Aug 19, 1996
  • Previous Sale Amount: $153,000
  • 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:

$699,900

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72155217

Frequently Asked Questions

When was property at 65 Dennison Street built and last sold?
The property at 65 Dennison Street was built in 1926 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 65 Dennison Street is $524,785.
What are some comparable homes to 65 Dennison Street?
There are currently no comparable homes to 65 Dennison Street.
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