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Gloucester 01930
9 Marsh St
$222,000
● House - Off Market

9 Marsh St

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,056 Ft²
$319,092
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Have you been looking for a project, either for yourself or to resell?  This two bedroom home has so much potential and the layout of the first floor has ample living area.    There is a two tiered back yard - ideal for raised garden beds and patio.   Offers with financial information and signed lead paint to be submitted by Monday, November 18 by 8:00 p.m.  Seller will respond by Wednesday November 20 at 5:00 pm
Unit Size
1,056 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$207
Property Type
House
Property Taxes
$267
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 #72591904)

Price History

Date / Event Date Event Price
Feb 2, 2021 Sold
Premium
Sold
Jan 12, 2021 Listed by RE/MAX Advantage Real Estate $429,000
Listed by RE/MAX Advantage Real Estate
Jan 28, 2020 Sold
Premium
Sold
Nov 13, 2019 Listed by RE/MAX Advantage Real Estate $219,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 704
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,180
  • Total Building Area: 1,232
  • Gross Building Area: 2,112
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000119
  • 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: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0085 B:0042 L:0000
  • Block: 42
  • Municipality: GLOUCESTER
  • Latitude: 42.6243
  • Longitude: -70.6792

    Address

  • Full Address: 9 Marsh St
  • Address - House Number: 9
  • Address - Street Name: Marsh
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 4823
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $494,300

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 536,073
  • High Value: 632,169
  • Low Value: 439,976

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $508,000
  • Assessed Land Value: $144,200
  • Assessed Improvements Value: $363,800

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210202002040
  • Previous Sale Recording Date: Jan 28, 2020
  • Previous Sale Contract Date: Jan 12, 2020
  • Previous Sale Amount: $222,000
  • Previous Sale Document Type: O
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72591904

Frequently Asked Questions

When was property at 9 Marsh Street built and last sold?
The property at 9 Marsh Street was built in 1900 and last sold on Feb 1, 2021 for $450,000.
How much is this home worth?
The estimated value of the home located at 9 Marsh Street is $431,553.
What are some comparable homes to 9 Marsh Street?
There are currently no comparable homes to 9 Marsh Street.
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