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Gloucester 01930
9 Eastern Ave
$120,000
● Multifamily - Off Market

9 Eastern Ave

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,536 Ft²
$398,493
RealtyHop Estimate
208.91%
Since Feb 1, 2000
National-US
Primary Model

About This Property

CHARMING EUROPEAN STYLE 2 FAMILY! STREET LEVEL FEATURES 3 ROOM (1 BDRM. INCLUDED) UNIT! 2ND AND THIRD FLOORS COMPRISE A 2-3 BDRM. UNIT!CLOSE TO RTE 128,DOWNTOWN, WATERFRONT AND BEACH! SEPARATE UTILITIES!
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$84
Property Type
Multifamily
Property Taxes
$121
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 years ago (MLSPIN #30256911)

Price History

Date / Event Date Event Price
Jun 24, 2008 Sold
Premium
Sold
Jan 20, 2000 Sold
Premium
Sold
Sep 8, 1998 Listed by Janet L. Johnson R. E. $129,000
Listed by Janet L. Johnson R. E.

Property Highlights

Interior Details
Full Bathrooms: 2
Interior Features: Unit 1(Lead Certification Available), Unit 2(Ceiling Fans, Lead Certification Available, Storage), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Gas Water Heater, Tank Water Heater, Utility Connections for Gas Range
Flooring Type: Wood, Vinyl
Laundry Features: Washer Hookup, Unit 2 Laundry Room
Rooms: 8
Exterior Details
Road Responsibility: Public Maintained Road
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
PropertySubType: Multi Family
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Storm Window(s), Screens
Construction Materials: Frame
Lead Paint: None
Lot Features: Other
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Zoning: R-14
Parcel Number: 1896569
Water Source: Public, City/Town Water
Financial Details
Tax Map Number: 53
Tax Assessed Value: $86,400
Tax Annual Amount: $1,450
Utilities Details
Utilities: for Gas Range, Washer Hookup
Heating Type: Unit 1(Gas, Individual), Unit 2(Gas, Individual)
Sewer : Public Sewer, City/Town Sewer
Location Details
Community Features: Public Transportation, Shopping, Park
Request mortgage information redaction

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
19980908
09/08/1998
3 Bed
-
1536 ft²
$129,000
bedrooms
3 Bed
bathrooms
-
square feet
1536 ft²
$120,000 -6.98%
01/20/2000
Janet Johnson
Conway - Hingham

Building Info

9 Eastern Avenue 9 Eastern Avenue, Gloucester, MA 01930
More about this Building
9 Eastern Avenue
Want to find out who owns 9 Eastern Avenue, Gloucester, MA 01930? Get detailed property transactions here.

About Gloucester

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1928 ft²

Average Home Age

77.9 years

Currently For Sale

90 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30256911
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