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Gloucester 01930
70 Concord St
$285,000
● House - Off Market

70 Concord St

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,993 Ft²
$638,740
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model

About This Property

A true New England farmhouse set on 1.5 acres of land in West Gloucester.  Loved and well cared for by several generations of the same family, this property has much of its original character and appeal and its next family will be proud to own it.  The land has been farmed in the past and was known for its late summer neighborhood farm stand loaded with fresh vegetables harvested from its gardens.  West Parish School, MBTA train station and Wingaersheek Beach nearby.
Unit Size
1,993 Ft²
Days on Market
-
Land Size
1.57 acres
Price per sqft
$146
Property Type
House
Property Taxes
$336
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 #71276889)

Price History

Date / Event Date Event Price
Apr 25, 2012 Sold
Premium
Sold
Aug 18, 2011 Listed by RE/MAX Advantage Real Estate $290,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 400
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 68,389
  • Total Building Area: 1,959
  • Gross Building Area: 3,138
  • Building Area: 1,959
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,959
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001570
  • 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: 221902

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0234 B:0024 L:0000
  • Block: 24
  • Municipality: GLOUCESTER
  • Latitude: 42.6258
  • Longitude: -70.7109

    Address

  • Full Address: 70 Concord St
  • Address - House Number: 70
  • Address - Street Name: Concord
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C024
  • 4-Digit Zip Code: 2107
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $589,300

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 715,161
  • High Value: 829,285
  • Low Value: 601,037

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $605,700
  • Assessed Land Value: $230,600
  • Assessed Improvements Value: $375,100

    Sales

  • Current Sale Recording Date: Apr 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 287
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

1919 ft²

Average Home Age

80.1 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# 71276889

Frequently Asked Questions

When was property at 70 Concord Street built and last sold?
The property at 70 Concord Street was built in 1900 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 70 Concord Street is $329,947.
What are some comparable homes to 70 Concord Street?
There are currently no comparable homes to 70 Concord Street.
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