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Gloucester 01930
72 Mount Pleasant Avenue
$337,000
● House - Off Market

72 Mount Pleasant Avenue

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,089 Ft²
$391,022
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model

About This Property

ALL APPOINTMENT SLOTS HAVE BEEN FILLED FOR THE WEEKEND.This classic colonial set at the top of Mt. Pleasant Street in East Gloucester is ready for your updates. You'll find hardwood floors and high ceilings in the living room, ample space to renovate the kitchen, two bedrooms and a bath on the second floor. There's a small deck leading to the back yard. With off street parking for two cars, this could be a great condo alternative or investment opportunity. The home is close to Good Harbor Beach, Niles Beach, Bass Rocks Golf Club, Rocky Neck and is being sold "as is". Open House by scheduled appointment: Fri. (10/2) 4-6PM, Sat (10/3) 11-1PM, Sun.(10/4) 11-1PM. Offers are due Monday (10/5) by 12PM.
Unit Size
1,089 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$271
Property Type
House
Property Taxes
$307
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: 5 years ago (MLSPIN #72736057)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
Nov 20, 2020 Sold
Premium
Sold
Oct 1, 2020 Listed by Gibson Sotheby's International Realty $295,000
Listed by Gibson Sotheby's International Realty
Jul 28, 1995 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 795
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,880
  • Total Building Area: 1,932
  • Gross Building Area: 2,950
  • Building Area: 1,932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,932
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000089
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0077 B:0022 L:0000
  • Block: 22
  • Municipality: GLOUCESTER
  • Latitude: 42.6084
  • Longitude: -70.6473

    Address

  • Full Address: 72 Mount Pleasant Ave
  • Address - House Number: 72
  • Address - Street Name: Mount Pleasant
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C027
  • 4-Digit Zip Code: 4343
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $646,900

    Appraisal Valuation

  • Standard Deviation: 0.1816
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 408,141
  • High Value: 482,294
  • Low Value: 333,987

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $664,900
  • Assessed Land Value: $178,700
  • Assessed Improvements Value: $486,200

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210716006030
  • Previous Sale Recording Date: Nov 20, 2020
  • Previous Sale Contract Date: Nov 17, 2020
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: 54

    Financing

  • First Mortgage Financing Type: ADJ
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: 5 years ago
Data Source: MLS PIN, MLS# 72736057

Frequently Asked Questions

When was property at 72 Mt Pleasant Avenue built and last sold?
The property at 72 Mt Pleasant Avenue was built in 1900 and last sold on Jul 16, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 72 Mt Pleasant Avenue is $0.
What are some comparable homes to 72 Mt Pleasant Avenue?
There are currently no comparable homes to 72 Mt Pleasant Avenue.
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