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$350,000
● Property - Off Market

846 Washington

Gloucester, MA
bedrooms
Studio
bathrooms
2 Baths, 1 Half Bath
square feet
1,551 Ft²
$1,012,071
RealtyHop Estimate
174.27%
Since Jun 1, 2001
National-US
Primary Model

About This Property

TOTALLY RENOVETED WITH BEST OF LINE.ORIGINAL LINTELS SAVED.NEW CEILINGS,FLOORS,WALLS,NEW KITCHEN ,NEW BATHS,NEW WINDOWS,ROOF 10 YEARS OLD.OUTSIDE HOT TUB,DECK,ELEC TO DECK AND GARDENS.TAXES INCLUDE BETTERMENT TO BE ASSUMED BY BUYER.
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$238
Property Type
Property
Property Taxes
$311
HOA Dues
-
Year Built
-

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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: 5 years ago (MLSPIN #30476570)

Price History

Date / Event Date Event Price
May 15, 2001 Sold
Premium
Sold
Feb 6, 2001 Listed by Annisquam Realty Services $369,000
Listed by Annisquam Realty Services

Property Highlights

Parking Available
Fireplace
Interior Details
Level: First
Width: 16
Length: 12
Area: 192
Level: Second
Width: 13
Length: 16
Area: 208
Width: 13
Features: Flooring - Wall to Wall Carpet
Length: 12
Level: First
Area: 156
Length: 20
Level: First
Area: 220
Features: Bathroom - Full
Width: 11
Width: 12
Length: 12
Area: 144
Level: Second
Length: 10
Level: First
Width: 14
Area: 140
Level: Second
Length: 16
Width: 13
Area: 208
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Oil Water Heater
Flooring Type: Vinyl, Carpet
Laundry Features: Second Floor
Rooms: 6
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Partial
Parking Details
Parking Features: Off Street
Exterior Details
Year Built Source: Owner
Year Built Details: Renovated Since
PropertySubType: Mobile Home
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck, Patio
Lead Paint: None
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Zoning: R3
Parcel Number: 1902847
Water Source: Public, City/Town Water
Financial Details
Tax Assessed Value: $190,800
Tax Annual Amount: $3,727
Utilities Details
Cooling Type: None
Heating Type: Central
Location Details
Community Features: Public Transportation

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 30476570
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