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Gloucester 01930
8 Chateau Hts
$365,000
● House - Off Market

8 Chateau Hts

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,058 Ft²
$858,668
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Rarely available, 4 Corner Bedroom, 2 Bathroom Colonial sets high atop the end of this lovely cul de sac.Seasonal views of West Pond, Less than 1/2 mile to Magnolia Beach,Well maintained MOVE -IN CONDITION home offers Gleaming Hardwood Floors and oversized windows throughout. Ceramic Tile Floor Kitchen w/atrium doors leads to large deck.Many updates including Electrical(200 amp) New Roof (12/2010), New Heating System (1/2010).Great flow for entertaining. A must to see!
Unit Size
2,058 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$194
Property Type
House
Property Taxes
$417
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 #71371279)

Price History

Date / Event Date Event Price
Aug 10, 2012 Sold
Premium
Sold
Apr 18, 2012 Listed by Ardmore Realty Advisors $399,000
Listed by Ardmore Realty Advisors
Sep 24, 1998 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,568
  • Total Building Area: 2,058
  • Gross Building Area: 3,129
  • Building Area: 2,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,058
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHATEAU HEIGHTS
  • Land Acres: 0000000266
  • 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: 221901

Zoning

  • Zoning: R-30

Geography

  • Parcel: GLOU M:0172 B:0044 L:0000
  • Block: 44
  • Municipality: GLOUCESTER
  • Latitude: 42.5822
  • Longitude: -70.7108

    Address

  • Full Address: 8 Chateau Hts
  • Address - House Number: 8
  • Address - Street Name: Chateau
  • Address - Suffix Type: Hts
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C025
  • 4-Digit Zip Code: 5289
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $755,400

    Appraisal Valuation

  • Standard Deviation: 0.1595
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 805,528
  • High Value: 934,073
  • Low Value: 676,984

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $776,400
  • Assessed Land Value: $239,900
  • Assessed Improvements Value: $536,500

    Sales

  • Current Sale Recording Date: Aug 10, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Sep 24, 1998
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 27
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

1884 ft²

Average Home Age

81.2 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# 71371279

Frequently Asked Questions

When was property at 8 Chateau Heights built and last sold?
The property at 8 Chateau Heights was built in 1988 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 8 Chateau Heights is $434,097.
What are some comparable homes to 8 Chateau Heights?
There are currently no comparable homes to 8 Chateau Heights.
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