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Gloucester 01930
76 Grove
$377,500
● House - Off Market

76 Grove

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$674,965
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

This is an outstanding home built in 1988  and lived in for 26 years by the present owner.  The full basement with extra high ceilings makes a great work area or workout area. The bonus room in the basement is a great play area or TV room.  There are closets galore and a huge walk up attic that has great clearance. The home has an abundance of living area and also has a nice garage(11 x 21). There is plenty of parking for your guests or family. There is a large deck(7 X 24) and a patio to enhance your entertaining or just enjoy for yourself. The dead end street location makes this is great family home and it also has close proximity to 128. First Showing Sunday 12-2.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$208
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #71995469)

Price History

Date / Event Date Event Price
Jul 22, 2016 Sold
Premium
Sold
Apr 27, 2016 Listed by Vadala Real Estate $399,000
Listed by Vadala Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 818
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,920
  • Gross Building Area: 4,043
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • 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: 221600

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0040 B:0090 L:0000
  • Block: 90
  • Municipality: GLOUCESTER
  • Latitude: 42.6222
  • Longitude: -70.667

    Address

  • Full Address: 76 Grove St
  • Address - House Number: 76
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C002
  • 4-Digit Zip Code: 2759
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $604,000

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 61
  • Final Value: 581,361
  • High Value: 692,298
  • Low Value: 470,423

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,800
  • Assessed Land Value: $131,600
  • Assessed Improvements Value: $489,200

    Sales

  • Current Sale Recording Date: Jul 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 465
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

1906 ft²

Average Home Age

79.6 years

Currently For Sale

89 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# 71995469

Frequently Asked Questions

When was property at 76 Grove Street built and last sold?
The property at 76 Grove Street was built in 1988 and last sold on Jan 1, 1970 for $377,500.
How much is this home worth?
The estimated value of the home located at 76 Grove Street is $430,877.
What are some comparable homes to 76 Grove Street?
There are currently no comparable homes to 76 Grove Street.
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