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Gloucester 01930
80 Woodward Avenue
$610,000
● House - Off Market

80 Woodward Avenue

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
969 Ft²
$610,352
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Available to the public for the first time in over 75 years, here is your rare opportunity to own this West Gloucester waterfront home on the Little River.  Soak up the scenic views, peaceful atmosphere and secluded feel.  This seasonal home is being sold furnished and offers 3 bedrooms, hardwood floors, pine ceilings - giving a cozy feel, wood burning fireplace, 2 enclosed porches and a private dock.  Buyer to assume responsibility for sewer tie in but the betterment has been paid in full. Schedule your showing and get ready to enjoy the 2023 summer season on the water!
Unit Size
969 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$619
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1920

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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: 6 months ago (MLSPIN #73065733)

Price History

Date / Event Date Event Price
Apr 21, 2023 Sold
Premium
Sold
Feb 1, 2023 In contract -
In contract
Dec 19, 2022 Listed by Lamacchia Realty, Inc. $599,900
Listed by Lamacchia Realty, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,750
  • Total Building Area: 969
  • Gross Building Area: 1,538
  • Building Area: 969
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 969
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000132
  • 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: 221902

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0230 B:0085 L:0000
  • Block: 85
  • Municipality: GLOUCESTER
  • Latitude: 42.6171
  • Longitude: -70.7032

    Address

  • Full Address: 80 Woodward Ave
  • Address - House Number: 80
  • Address - Street Name: Woodward
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C024
  • 4-Digit Zip Code: 2449
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $488,300

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 595,790
  • High Value: 694,707
  • Low Value: 496,873

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $501,800
  • Assessed Land Value: $403,300
  • Assessed Improvements Value: $98,500

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: Apr 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230421002560
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

$448

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2084 ft²

Average Home Age

77.9 years

Currently For Sale

85 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: 6 months ago
Data Source: MLS PIN, MLS# 73065733

Frequently Asked Questions

When was property at 80 Woodward Avenue built and last sold?
The property at 80 Woodward Avenue was built in 1920 and last sold on Apr 20, 2023 for $610,000.
How much is this home worth?
The estimated value of the home located at 80 Woodward Avenue is $602,290.
What are some comparable homes to 80 Woodward Avenue?
There are currently no comparable homes to 80 Woodward Avenue.
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