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Gloucester 01930
9 Cross St
$202,000
● House - Off Market

9 Cross St

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,143 Ft²
$332,124
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Centrally located Colonial in need of some updating. Close to downtown, harborfront park, and 1 mi. to Good Harbor Beach! Perfect commuter location just off Rt. 128. Glimpses of harbor! Once a 2 BR and easy conversion back with addition of a wall. Large eat in kitchen, full bath, huge master BR. Partially finished walk out basement  offers extra living space. Newer FHW by Gas boiler.  Rear patio to sit out.. Property being sold as is.
Unit Size
1,143 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$206
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1900

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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 #72613756)

Price History

Date / Event Date Event Price
May 4, 2020 Sold
Premium
Sold
Jan 30, 2020 Listed by North Shore's Gold Coast Realty $235,000
Listed by North Shore's Gold Coast Realty

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 657
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 914
  • Gross Building Area: 1,806
  • Building Area: 914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 914
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000072
  • 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: 221400

Zoning

  • Zoning: R-5

Geography

  • Parcel: GLOU M:0053 B:0010 L:0000
  • Block: 10
  • Municipality: GLOUCESTER
  • Latitude: 42.6175
  • Longitude: -70.6503

    Address

  • Full Address: 9 Cross St
  • Address - House Number: 9
  • Address - Street Name: Cross
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C031
  • 4-Digit Zip Code: 3026
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $267,100

    Appraisal Valuation

  • Standard Deviation: 0.1911
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 346,963
  • High Value: 413,275
  • Low Value: 280,652

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $274,500
  • Assessed Land Value: $118,500
  • Assessed Improvements Value: $156,000

    Sales

  • Current Sale Contract Date: Apr 29, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20200504003840
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

1919 ft²

Average Home Age

80.1 years

Currently For Sale

90 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# 72613756

Frequently Asked Questions

When was property at 9 Cross Street built and last sold?
The property at 9 Cross Street was built in 1900 and last sold on Apr 29, 2020 for $202,000.
How much is this home worth?
The estimated value of the home located at 9 Cross Street is $252,140.
What are some comparable homes to 9 Cross Street?
There are currently no comparable homes to 9 Cross Street.
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