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Gloucester 01930
7 Bertoni Road
$352,500
● House - Off Market

7 Bertoni Road

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,362 Ft²
$546,936
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Terrific Ranch-style home with attached garage in convenient location! This home features single level living with hardwood flooring, an eat-in kitchen and renovated bathroom. Many updates including newer hot water tank and boiler, 200 amp electric service and vinyl replacement windows. There's an additional finished family room in the basement, added in 2011, that could be used as a 3rd bedroom. Covered patio area off the mudroom leads to the back yard. The roof was replaced and a French drain system was installed by the previous owner.
Unit Size
1,362 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$264
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1954

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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: 5 months ago (MLSPIN #72428091)

Price History

Date / Event Date Event Price
Jan 31, 2019 Sold
Premium
Sold
Nov 29, 2018 Listed by Vadala Real Estate $359,900
Listed by Vadala Real Estate
Jun 26, 2009 Sold
Premium
Sold
May 15, 2009 Listed by Vadala Real Estate $249,921
Listed by Vadala Real Estate

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 962
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,730
  • Total Building Area: 962
  • Gross Building Area: 2,300
  • Building Area: 962
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 962
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLOUCESTER
  • Land Acres: 0000000177
  • 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-10

Geography

  • Parcel: GLOU M:0045 B:0028 L:0000
  • Block: 28
  • Municipality: GLOUCESTER
  • Latitude: 42.6235
  • Longitude: -70.674

    Address

  • Full Address: 7 Bertoni Rd
  • Address - House Number: 7
  • Address - Street Name: Bertoni
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C009
  • 4-Digit Zip Code: 2202
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $447,600

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 383,916
  • High Value: 456,051
  • Low Value: 311,780

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $460,000
  • Assessed Land Value: $160,900
  • Assessed Improvements Value: $299,100

    Sales

  • Current Sale Contract Date: Jan 30, 2019
  • Current Sale Recording Date: Jan 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190131003700
  • Previous Sale Recording Date: Jun 26, 2009
  • Previous Sale Amount: $253,500
  • 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:

$699,000

Sale Price/ft²

$444

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1982 ft²

Average Home Age

82.2 years

Currently For Sale

94 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: 5 months ago
Data Source: MLS PIN, MLS# 72428091

Frequently Asked Questions

When was property at 7 Bertoni Road built and last sold?
The property at 7 Bertoni Road was built in 1954 and last sold on Jan 30, 2019 for $352,500.
How much is this home worth?
The estimated value of the home located at 7 Bertoni Road is $380,865.
What are some comparable homes to 7 Bertoni Road?
There are currently no comparable homes to 7 Bertoni Road.
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