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Gloucester 01930
906A Washington Street
$385,000
● House - Off Market

906A Washington Street

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
1 Bath
square feet
815 Ft²
$536,254
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Set well off the main road, this charming and updated, light-filled, two-bedroom colonial with central A/C, fabulous open kitchen, and private yard is a Cape Ann oasis. The area's surrounding beauty is abundant: Annisquam is less than a half-mile away, Plum Cove Beach is up the road 0.6 miles, and the hike/bike trails of Dogtown Common are nearby. Don't miss the opportunity to own this coastal treasure.
Unit Size
815 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$460
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1920

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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 #72615917)

Price History

Date / Event Date Event Price
Mar 27, 2020 Sold
Premium
Sold
Feb 5, 2020 Listed by Bay Colony Realty $375,000
Listed by Bay Colony Realty
Jun 26, 2014 Sold
Premium
Sold
Mar 14, 2014 Listed by Bay Colony Realty $249,000
Listed by Bay Colony Realty

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 450
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,350
  • Total Building Area: 815
  • Gross Building Area: 1,395
  • Building Area: 815
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 815
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000215
  • 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: 221100

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0138 B:0036 L:0000
  • Block: 36
  • Municipality: GLOUCESTER
  • Latitude: 42.6662
  • Longitude: -70.6683

    Address

  • Full Address: 906a Washington St
  • Address - House Number: 906a
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1283
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $497,900

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 539,083
  • High Value: 632,709
  • Low Value: 445,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $511,700
  • Assessed Land Value: $227,800
  • Assessed Improvements Value: $283,900

    Sales

  • Current Sale Contract Date: Mar 26, 2020
  • Current Sale Recording Date: Mar 27, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200327003290
  • Previous Sale Recording Date: Jun 26, 2014
  • Previous Sale Amount: $242,000
  • 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# 72615917

Frequently Asked Questions

When was property at 906A Washington Street built and last sold?
The property at 906A Washington Street was built in 1920 and last sold on Mar 26, 2020 for $385,000.
How much is this home worth?
The estimated value of the home located at 906A Washington Street is $375,944.
What are some comparable homes to 906A Washington Street?
There are currently no comparable homes to 906A Washington Street.
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