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Gloucester 01930
8 Nashua Avenue
Photo of 8 Nashua Avenue
Sold on May 15, 2008

1

Map

$584,000
● House - Off Market

8 Nashua Avenue

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,489 Ft²
$1,117,397
RealtyHop Estimate
86.54%
Since Jun 1, 2008
National-US
Primary Model

About This Property

Wonderful setting! On a small quiet road property offers easy walk to private beach w/deeded rights.  A cape w/deceivingly great space throughout. Lge living room & dining room, fireplace & wood stove, den & first floor bedroom/full bath & laundry room.  Second level.. three bedrooms & bath..Double staircase. Deck in back,2 car garage under w/full basement. Nice space for family and guests. Lots of nooks and crannies...great closet space.Built in bureau in one of the bedrooms. Pretty gardens!
Unit Size
2,489 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$241
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1987

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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 #70710839)

Price History

Date / Event Date Event Price
Nov 9, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed $599,000
Listed
May 15, 2008 Sold
Premium
Sold
Feb 11, 2008 Listed $599,000
Listed
Jan 31, 1998 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 4
  • 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: 1,219
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,347
  • Total Building Area: 2,384
  • Gross Building Area: 5,422
  • Building Area: 2,384
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,384
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000306
  • 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: 221100

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0186 B:0009 L:0000
  • Block: 9
  • Municipality: GLOUCESTER
  • Latitude: 42.6626
  • Longitude: -70.6719

    Address

  • Full Address: 8 Nashua Ave
  • Address - House Number: 8
  • Address - Street Name: Nashua
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C019
  • 4-Digit Zip Code: 1211
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $953,200

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 860,043
  • High Value: 991,021
  • Low Value: 729,065

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $979,700
  • Assessed Land Value: $325,200
  • Assessed Improvements Value: $654,500

    Sales

  • Current Sale Contract Date: Nov 06, 2020
  • Current Sale Recording Date: Nov 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 20201109006020
  • Previous Sale Recording Date: May 15, 2008
  • Previous Sale Amount: $584,000
  • 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

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70710839

Frequently Asked Questions

When was property at 8 Nashua Avenue built and last sold?
The property at 8 Nashua Avenue was built in 1987 and last sold on Nov 6, 2020 for $653,300.
How much is this home worth?
The estimated value of the home located at 8 Nashua Avenue is $638,788.
What are some comparable homes to 8 Nashua Avenue?
There are currently no comparable homes to 8 Nashua Avenue.
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