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Gloucester 01930
7-9 Leslie O'johnson Road
$290,000
● House - Off Market

7-9 Leslie O'johnson Road

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,482 Ft²
$474,176
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

Great starter or investment property with spacious rooms, hardwood flooring, large eat-in-kitchen, Living Room with brick fireplace and picture window awaiting your personal design style.  New roof & furnace 2017. Currently two (2) bedrooms (was originally 3, would easily be converted back). Nice three season porch, heated mud/laundry room to one-car garage. Private back yard with large granite outcroppings.  Steps to the High School, walk to Boulevard, downtown and commuter rail. Possible water views with second floor addition.
Unit Size
1,482 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$209
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1958

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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 #72274806)

Price History

Date / Event Date Event Price
Mar 23, 2020 Sold
Premium
Sold
Dec 20, 2019 No longer available -
No longer available
Nov 24, 2019 Relisted $290,000
Relisted
Nov 24, 2019 Price Increased $375,000
↑ $85K (29.3%)
Price Increased
Nov 17, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,008
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,800
  • Total Building Area: 1,426
  • Gross Building Area: 2,882
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000179
  • 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: 221700

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0018 B:0005 L:0000
  • Block: 5
  • Municipality: GLOUCESTER
  • Latitude: 42.6126
  • Longitude: -70.6739

    Address

  • Full Address: 7 Leslie O Johnson Rd
  • Address - House Number: 7
  • Address - Street Name: Leslie O Johnson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C013
  • 4-Digit Zip Code: 2512
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $461,000

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 605,449
  • High Value: 710,914
  • Low Value: 499,983

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $473,800
  • Assessed Land Value: $161,300
  • Assessed Improvements Value: $312,500

    Sales

  • Current Sale Contract Date: Mar 21, 2020
  • Current Sale Recording Date: Mar 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 20200323000880
  • Previous Sale Recording Date: Apr 24, 2018
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: O
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

Currently no nearby rentals
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72274806

Frequently Asked Questions

When was property at 7 Leslie O Johnson Road built and last sold?
The property at 7 Leslie O Johnson Road was built in 1958 and last sold on Mar 21, 2020 for $20,000.
How much is this home worth?
The estimated value of the home located at 7 Leslie O Johnson Road is $372,252.
What are some comparable homes to 7 Leslie O Johnson Road?
There are currently no comparable homes to 7 Leslie O Johnson Road.
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