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Gloucester 01930
7 Kirk Rd
$646,000
● House - Off Market

7 Kirk Rd

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,170 Ft²
$922,810
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

OPEN HOUSE CANCELED 2/23/2020Just in time for summer! Swim, kayak, boat and play off of your own private tidal dock! Enjoy views of the river year round - sit by the fire blazing inside your Vermont Castings wood stove during the winter, or on the enclosed porch or deck in the summer that overlook the river and dock. This updated 2 bedroom ranch home has an open concept main level that features a large living room, dining area, kitchen, 2 bedrooms, bath and laundry. In addition there is a huge basement that has a work area as well as finished space. There are manyupdates including a Haier split system that provides heat and AC for the main level, Anderson windows throughout, blown in insulation,newer roof, new siding, and a gas heating system installed in 2009.
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$555
Property Type
House
Property Taxes
$623
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 months ago (MLSPIN #72621238)

Price History

Date / Event Date Event Price
Apr 9, 2020 Sold
Premium
Sold
Feb 19, 2020 Listed by Coldwell Banker Residential Brokerage - Gloucester $649,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Apr 8, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 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: 1,170
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,200
  • Total Building Area: 1,170
  • Gross Building Area: 3,453
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • 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:0051 L:0000
  • Block: 51
  • Municipality: GLOUCESTER
  • Latitude: 42.6371
  • Longitude: -70.6773

    Address

  • Full Address: 7 Kirk Rd
  • Address - House Number: 7
  • Address - Street Name: Kirk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 1818
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $883,500

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 830,502
  • High Value: 974,532
  • Low Value: 686,473

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $908,000
  • Assessed Land Value: $555,800
  • Assessed Improvements Value: $352,200

    Sales

  • Current Sale Contract Date: Apr 02, 2020
  • Current Sale Recording Date: Apr 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 611299
  • Previous Sale Recording Date: Apr 08, 1999
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: 48
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# 72621238

Frequently Asked Questions

When was property at 7 Kirk Road built and last sold?
The property at 7 Kirk Road was built in 1957 and last sold on Apr 2, 2020 for $646,000.
How much is this home worth?
The estimated value of the home located at 7 Kirk Road is $652,974.
What are some comparable homes to 7 Kirk Road?
There are currently no comparable homes to 7 Kirk Road.
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