Spacious and well-maintained multi-family sited on a quiet sidewalk-lined street and conveniently located near downtown, shopping, commuter rail to Boston, and highway. This attractive turn-of-the-century building projects character and features a first-floor unit which off...
This home has been viewed 19 times
Last Checked: May 7th, 2024 at 5:46am (Source: MLS PIN #73087434)
Gross Income: $48,000
Gross Expenses: $12,742
Net Income Calc: $35,258
CAP Rate: 5.88%
Beach Front
Annual Expenses for 14 Trask Street, Gloucester MA 01930
Total Gross Expenses (Calculated)$12,742/year
APOD AvailableYes
Heating
Electricity$167
Water$2,038
Gas$2,038
Insurance$2,900
Sewer$2,038
Trash Removal
Repair & Maintenance$2,196
Management
Miscellaneous
Real Estate Tax$5,441
Annual Income & Unit Breakdown for 14 Trask Street, Gloucester MA 01930
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$1,050
LeaseN
Bedrooms1
Bathrooms1 Full
Floor0
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 2
Rental Income$1,350
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
Unit 3
Rental Income$1,600
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)
General Information for 14 Trask Street, Gloucester MA 01930
Listing ID73087434
Property TypeMulti Family / 3 Family
Price$600,000 ($303.8/SqFt)
Style3 Family - 3 Units Up/down
CityGloucester
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total1,975 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking3
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area
Foundation DescriptionGranite
Accessible Features
Outdoor Space
ZoningR-5
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesHarbor, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach
Energy Features
Terms
Disclosures for 14 Trask Street, Gloucester MA 01930
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureApprox. 200 sqft of total living area comprises lo
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$7,301
Total Gross Income By Broker$47,520
Total Net Income By Broker$28,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.0
Facilitator Compensation2.0
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 14 Trask Street, Gloucester MA 01930
Real Estate Taxes$5,441
Tax Year2023
Assessed Value$513,800
Financial Data SourceOwner
Total Gross Expenses By Broker$7,301
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$47,520
BostonRealEstate.com Gross Income
Total Net Income By Broker$28,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.88%
Location Information for 14 Trask Street, Gloucester MA 01930
Elementary SchoolVeterans
Middle SchoolO'maley
High SchoolGloucester
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation, T-station, Tennis Court(s), Marina, Sidewalks
Contact Information for 14 Trask Street, Gloucester MA 01930