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Gloucester 01930
8 Angle St
$481,000
● House - Off Market

8 Angle St

Gloucester, MA 01930
bedrooms
Studio
bathrooms
0 Bath, 4 Half Baths
square feet
3,474 Ft²
$705,600
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

This beautiful Victorian dates back to 1885-1890 and it was first owned by Nathaniel Babson, a successful Gloucester merchant. It's easy to imagine how the early owners lived in this building.  Three full floors with two graceful interior staircases and views out to Gloucester Harbor from the upper rooms.   Used by the Visiting Nurses for over forty years, the property is a Gloucester icon.  All three floors were used as offices by the VNA.  Add a kitchen and some full baths, and with permitting could be the grand home it once was.  Do you have a thriving professional practice?  With appropriate permits from the City, live and work in a building you'll be proud to own. Twelve rooms and four half baths.  Floor Plan available.
Unit Size
3,474 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$138
Property Type
House
Property Taxes
$490
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 #72467001)

Price History

Date / Event Date Event Price
Jun 14, 2019 Sold
Premium
Sold
Mar 18, 2019 Listed by RE/MAX Advantage Real Estate $480,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 300
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,504
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,344
  • Total Building Area: 3,474
  • Gross Building Area: 5,943
  • Building Area: 3,474
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,474
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000123
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221700

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0002 B:0037 L:0000
  • Block: 37
  • Municipality: GLOUCESTER
  • Latitude: 42.6112
  • Longitude: -70.6673

    Address

  • Full Address: 8 Angle St
  • Address - House Number: 8
  • Address - Street Name: Angle
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C003
  • 4-Digit Zip Code: 3608
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $891,100

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 882,678
  • High Value: 1,023,534
  • Low Value: 741,822

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $915,800
  • Assessed Land Value: $133,600
  • Assessed Improvements Value: $782,200

    Sales

  • Current Sale Contract Date: Jun 10, 2019
  • Current Sale Recording Date: Jun 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190614000770
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# 72467001

Frequently Asked Questions

When was property at 8 Angle Street built and last sold?
The property at 8 Angle Street was built in 1900 and last sold on Jun 10, 2019 for $481,000.
How much is this home worth?
The estimated value of the home located at 8 Angle Street is $532,643.
What are some comparable homes to 8 Angle Street?
There are currently no comparable homes to 8 Angle Street.
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