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Gloucester 01930
7 Trenel Cove Rd
$580,000
● House - Off Market

7 Trenel Cove Rd

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,105 Ft²
$1,062,529
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Impressive views of the Annisquam River and deeded rights.  Association and dock.  Public boat launch close by.  This location is perfect for summer fun including boating, swimming, and watching the boats from your deck.  The grounds are professionally landscaped with many flowering bushes and trees.  You can relax in your private sauna.  Three or four bedrooms, one and a half baths, family room,  private office and observation room to watch the stars.   The guys will love this oversized three car garage. This home is perfect for any size family.  Bonus room is a second living room or music room.  Downstairs den could be fourth bedroom.  Remember location! location!  location!  This home in this location is a good value at the asking price.  Do not hesitate to take a look!
Unit Size
2,105 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$285
Property Type
House
Property Taxes
$577
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 #71856089)

Price History

Date / Event Date Event Price
Oct 13, 2015 Sold
Premium
Sold
Jun 12, 2015 Listed by North Shore's Gold Coast Realty $599,000
Listed by North Shore's Gold Coast Realty
Jan 29, 1999 Sold
Premium
Sold
Jul 22, 1998 Listed by North Shore's Gold Coast Realty $329,000
Listed by North Shore's Gold Coast Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 850
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,687
  • Total Building Area: 2,078
  • Gross Building Area: 4,333
  • Building Area: 2,078
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,078
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000268
  • 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-20

Geography

  • Parcel: GLOU M:0089 B:0028 L:0000
  • Block: 28
  • Municipality: GLOUCESTER
  • Latitude: 42.6241
  • Longitude: -70.6859

    Address

  • Full Address: 7 Trenel Cove Rd
  • Address - House Number: 7
  • Address - Street Name: Trenel Cove
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 2535
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $870,600

    Appraisal Valuation

  • Standard Deviation: 0.1586
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 951,019
  • High Value: 1,101,861
  • Low Value: 800,177

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $894,800
  • Assessed Land Value: $348,500
  • Assessed Improvements Value: $546,300

    Sales

  • Current Sale Recording Date: Oct 13, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 326
  • Previous Sale Recording Date: Jan 29, 1999
  • Previous Sale Amount: $309,000
  • 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

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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71856089

Frequently Asked Questions

When was property at 7 Trenel Cove Road built and last sold?
The property at 7 Trenel Cove Road was built in 1900 and last sold on Jan 1, 1970 for $580,000.
How much is this home worth?
The estimated value of the home located at 7 Trenel Cove Road is $616,625.
What are some comparable homes to 7 Trenel Cove Road?
There are currently no comparable homes to 7 Trenel Cove Road.
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