$800,000
●
House -
Off Market
89 Western Ave
Gloucester, MA 01930
5 Beds
3 Baths,
1
Half Bath
3,000 Ft²
$1,452,773
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model
About This Property
SPECIAL FINANCE OPTIONS! Spectacular renovation of a proud 1865
Victorian on the Boulevard - Incredible views of Gloucester harbor
to the open ocean provide ever changing vistas - captivating year
round. Great care was taken in the careful restoration of wonderful
period details combined with all of the amenities expected by
today's luxury home buyer. The wonderful kitchen flows into the
large family room - featuring water views throughout. The high-end
appliances including the double oven and convection/mirco combo is
everything the discriminating home chef could desire. Pamper
yourself in the large master bedroom with large walk-in closet,
MAAX Jacuzzi JAZZ free standing tub & rain shower with custom made
tile and glass surround & door. The additional 4 BRs and 2 baths
provide plenty of space for the whole family, guests or flexible
spaces for any need. Extensive structural, infrastructure and
energy/efficiency improvements. This home brings in-town luxury
living to a whole new level
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$273
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1865
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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 #71637134)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2015 | Sold | ||
| Sold | |||
| Feb 25, 2014 | Listed by Sagan Harborside Sotheby's International Realty | $819,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
| | |||
|
SPECIAL FINANCE OPTIONS! Spectacular renovation of a proud 1865 Victorian on the Boulevard - Incredible views of Gloucester harbor to the open ocean provide ever changing vistas - captivating year round. Great care was taken in the careful restoration of wonderful period details combined with all of the amenities expected by today's luxury home buyer. The wonderful kitchen flows into the large family room - featuring water views throughout. The high-end appliances including the double oven and convection/mirco combo is everything the discriminating home chef could desire. Pamper yourself in the large master bedroom with large walk-in closet, MAAX Jacuzzi JAZZ free standing tub & rain shower with custom made tile and glass surround & door. The additional 4 BRs and 2 baths provide plenty of space for the whole family, guests or flexible spaces for any need. Extensive structural, infrastructure and energy/efficiency improvements. This home brings in-town luxury living to a whole new level
| |||
| Apr 23, 2013 | Sold | ||
| Sold | |||
| Mar 21, 2013 | Listed by Harborside Sotheby's International Realty | $450,000 | |
| Listed by Harborside Sotheby's International Realty | |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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