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Gloucester 01930
72 Wheeler St
$249,900
● House - Off Market

72 Wheeler St

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,632 Ft²
$443,358
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model

About This Property

Here is the opportunity to create a second home that works for your Lifestyle! This two level seven room Cape, being sold "As Is", could be just the starter home or weekend getaway for the family you have been looking for...There is even a standup basement for that work bench or storage. Did you notice the large yard in back, and the garage that with some work will protect your car during those cold snowy winters while your away in the sunny South! The roof was installed approx. 2010. The boiler (baseboard heating) is approximately 10 years old. And there are no betterments. Rehab or rebuild, Wheeler Street with the Annisquam nearby is a great place to come and relax.
Unit Size
1,632 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$153
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1931

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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 months ago (MLSPIN #71868461)

Price History

Date / Event Date Event Price
Nov 30, 2015 Sold
Premium
Sold
Jul 6, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $249,900
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 624
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,580
  • Total Building Area: 1,080
  • Gross Building Area: 2,543
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000174
  • 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-10

Geography

  • Parcel: GLOU M:0097 B:0001 L:0000
  • Block: 1
  • Municipality: GLOUCESTER
  • Latitude: 42.6355
  • Longitude: -70.6806

    Address

  • Full Address: 72 Wheeler St
  • Address - House Number: 72
  • Address - Street Name: Wheeler
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C017
  • 4-Digit Zip Code: 1646
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $469,400

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 522,768
  • High Value: 622,628
  • Low Value: 422,909

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $482,400
  • Assessed Land Value: $212,700
  • Assessed Improvements Value: $269,700

    Sales

  • Current Sale Recording Date: Nov 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 338
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:

$699,000

Sale Price/ft²

$444

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2009 ft²

Average Home Age

81.2 years

Currently For Sale

94 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 months ago
Data Source: MLS PIN, MLS# 71868461

Frequently Asked Questions

When was property at 72 Wheeler Street built and last sold?
The property at 72 Wheeler Street was built in 1931 and last sold on Jan 1, 1970 for $249,900.
How much is this home worth?
The estimated value of the home located at 72 Wheeler Street is $278,724.
What are some comparable homes to 72 Wheeler Street?
There are currently no comparable homes to 72 Wheeler Street.
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