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Gloucester 01930
7 Grandview Rd.
Photo of 7 Grandview Rd.
Sold on Dec 19, 2005

1

Map

$365,000
● House - Off Market

7 Grandview Rd.

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,685 Ft²
$719,851
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Off Wheeler St. in the Riverdale section of Gloucester, Grandview Road "dead ends" at this large (18,000sq. ft.), private lot. Sited on it is a clean, freshly painted,  "T" shaped ranch that has 3 bedrooms, 2 baths and a 15x19 cathedral ceilinged family room (with wood stove). There's also a 12 x 20 covered deck, an enormous basement and an attached, 2 car garage that boaters will love because of the "drive thru" extra door. And it's on a lockbox. What are you waiting for? :)
Unit Size
1,685 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$249
Property Type
House
Property Taxes
$340
HOA Dues
-
Year Built
1957

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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 #70284330)

Price History

Date / Event Date Event Price
Jan 26, 2006 Sold
Premium
Sold
Dec 19, 2005 Sold
Premium
Sold
Oct 25, 2005 Listed $419,000
Listed
Feb 16, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 2
  • 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: 1,125
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,870
  • Total Building Area: 1,685
  • Gross Building Area: 3,614
  • Building Area: 1,685
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,685
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000433
  • 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: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0101 B:0030 L:0000
  • Block: 30
  • Municipality: GLOUCESTER
  • Latitude: 42.6367
  • Longitude: -70.6792

    Address

  • Full Address: 7 Grandview Rd
  • Address - House Number: 7
  • Address - Street Name: Grandview
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C017
  • 4-Digit Zip Code: 1813
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $642,900

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 703,812
  • High Value: 822,969
  • Low Value: 584,656

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $660,700
  • Assessed Land Value: $270,700
  • Assessed Improvements Value: $390,000

    Sales

  • Current Sale Recording Date: Jan 26, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 79268
  • Previous Sale Recording Date: Feb 16, 1995
  • Previous Sale Amount: $75,000
  • 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

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 months ago
Data Source: MLS PIN, MLS# 70284330

Frequently Asked Questions

When was property at 7 Grandview Road built and last sold?
The property at 7 Grandview Road was built in 1957 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 7 Grandview Road is $442,063.
What are some comparable homes to 7 Grandview Road?
There are currently no comparable homes to 7 Grandview Road.
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