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Gloucester 01930
7 Marsh
$285,000
● House - Off Market

7 Marsh

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,899 Ft²
$530,681
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Expansive 4 bedroom home with many use options. New boiler, water heater and electric. Parking for 2+ cars and a level fenced in back yard. Large & sunny 3rd level has a brand new bathroom, walk in closet, cathederal ceilings and loft space- slider leading out to wrap around deck. Excellent as a master suite or teenage hangout. Extremely convenient to 128, local marina, commuter rail and downtown. Easy to show! Open House this Sunday 5/24 12-1:30.
Unit Size
1,899 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$157
Property Type
House
Property Taxes
$315
HOA Dues
-
Year Built
1900

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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 #71842334)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
Sep 13, 2021 Listed by Coldwell Banker Residential Brokerage - Gloucester $539,900
Listed by Coldwell Banker Residential Brokerage - Gloucester
Aug 7, 2015 Sold
Premium
Sold
May 23, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $299,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Sep 30, 2011 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 869
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,300
  • Total Building Area: 1,927
  • Gross Building Area: 3,886
  • Building Area: 1,927
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,927
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000099
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0085 B:0043 L:0000
  • Block: 43
  • Municipality: GLOUCESTER
  • Latitude: 42.6243
  • Longitude: -70.679

    Address

  • Full Address: 7 Marsh St
  • Address - House Number: 7
  • Address - Street Name: Marsh
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 4823
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $575,600

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 662,831
  • High Value: 780,695
  • Low Value: 544,967

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $591,600
  • Assessed Land Value: $137,600
  • Assessed Improvements Value: $454,000

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20211029007630
  • Previous Sale Recording Date: Aug 07, 2015
  • Previous Sale Amount: $285,000
  • 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

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

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71842334

Frequently Asked Questions

When was property at 7 Marsh Street built and last sold?
The property at 7 Marsh Street was built in 1900 and last sold on Oct 29, 2021 for $539,900.
How much is this home worth?
The estimated value of the home located at 7 Marsh Street is $540,053.
What are some comparable homes to 7 Marsh Street?
There are currently no comparable homes to 7 Marsh Street.
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