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Gloucester 01930
7 Mason Court
$375,000
● House - Off Market

7 Mason Court

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,427 Ft²
$505,433
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

This in town colonial has been renovated from top to bottom and located in beautiful Gloucester . This home includes 3 bedrooms and 2 full baths with a modern kitchen including stainless steel appliances. The bamboo hardwood floors are stunning and throughout the home. It has a high efficiency heating system, new windows and lots of upgrades. Conveniently located at the end of a dead end street located behind another home providing privacy. This home is a great value and is walking distance to downtown restaurants, shopping and the commuter rail.
Unit Size
1,427 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$259
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1900

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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 #72672127)

Price History

Date / Event Date Event Price
Aug 21, 2020 Sold
Premium
Sold
Jun 10, 2020 Listed by J. Barrett & Company $369,000
Listed by J. Barrett & Company
Sep 4, 2014 Sold
Premium
Sold
Jun 26, 2014 Listed by J. Barrett & Company $284,900
Listed by J. Barrett & Company
May 7, 2010 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,882
  • Total Building Area: 1,427
  • Gross Building Area: 1,555
  • Building Area: 1,427
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,427
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND 5 & 07 MASON COURT GLOUCE
  • Land Acres: 0000000043
  • 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: 221500

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0014 B:0070 L:0000
  • Block: 70
  • Municipality: GLOUCESTER
  • Latitude: 42.6147
  • Longitude: -70.6648

    Address

  • Full Address: 7 Mason Ct
  • Address - House Number: 7
  • Address - Street Name: Mason
  • Address - Suffix Type: Ct
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C003
  • 4-Digit Zip Code: 5903
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,200

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 512,950
  • High Value: 602,037
  • Low Value: 423,862

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $484,300
  • Assessed Land Value: $112,500
  • Assessed Improvements Value: $371,800

    Sales

  • Current Sale Contract Date: Aug 19, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200821002140
  • Previous Sale Recording Date: Sep 04, 2014
  • Previous Sale Amount: $277,500
  • 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

1928 ft²

Average Home Age

77.9 years

Currently For Sale

90 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72672127

Frequently Asked Questions

When was property at 7 Mason Court built and last sold?
The property at 7 Mason Court was built in 1900 and last sold on Aug 19, 2020 for $375,000.
How much is this home worth?
The estimated value of the home located at 7 Mason Court is $387,732.
What are some comparable homes to 7 Mason Court?
There are currently no comparable homes to 7 Mason Court.
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