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Gloucester 01930
689 Western Avenue
$356,000
● House - Off Market

689 Western Avenue

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,325 Ft²
$838,789
RealtyHop Estimate
127.31%
Since Nov 1, 2011
National-US
Primary Model

About This Property

There is so much living space here!  The 1st fl master is enormous w/cathedral ceiling & skylights, 2 oversize walk-in cedar closets, stunning wood burning fireplace in living room, great room on lower level w/beautiful granite gas fireplace & walk out access to fenced in yard & serene woodlands beyond. Possible single floor living, partial AC, newer furnace & windows, 400 amp elec service, 25x34 garage w/ample space for cars, boats & workshop. Automatic garage door openers and deck need repair.
Unit Size
3,325 Ft²
Days on Market
-
Land Size
1.52 acres
Price per sqft
$111
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1959

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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 months ago (MLSPIN #71259925)

Price History

Date / Event Date Event Price
Oct 26, 2011 Sold
Premium
Sold
Jul 11, 2011 Listed by By The Sea Sotheby's International Realty $369,000
Listed by By The Sea Sotheby's International Realty
Jul 26, 2007 Sold
Premium
Sold
Dec 4, 2006 Listed by By The Sea Sotheby's International Realty $399,000
Listed by By The Sea Sotheby's International Realty
Sep 22, 1997 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 9
  • Basement Area: 1,998
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 66,211
  • Total Building Area: 1,998
  • Gross Building Area: 5,814
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLOUCESTER
  • Land Acres: 0000001520
  • 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: 221901

Zoning

  • Zoning: R-30

Geography

  • District: 107
  • Parcel: GLOU M:0193 B:0074 L:0000
  • Block: 74
  • Municipality: GLOUCESTER
  • Latitude: 42.5881
  • Longitude: -70.7152

    Address

  • Full Address: 689 Western Ave
  • Address - House Number: 689
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C030
  • 4-Digit Zip Code: 5117
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $766,000

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 807,419
  • High Value: 931,216
  • Low Value: 683,623

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $787,300
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $557,800

    Sales

  • Current Sale Recording Date: Oct 26, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 26, 2007
  • Previous Sale Amount: $300,000
  • 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71259925

Frequently Asked Questions

When was property at 689 Western Avenue built and last sold?
The property at 689 Western Avenue was built in 1959 and last sold on Jan 1, 1970 for $356,000.
How much is this home worth?
The estimated value of the home located at 689 Western Avenue is $437,137.
What are some comparable homes to 689 Western Avenue?
There are currently no comparable homes to 689 Western Avenue.
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