13 Millett St, Gloucester, MA 01930 - Valuation report, cap rates, free data
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13 Millett St, Gloucester, MA 01930

Indicative value *
$0.3M - $0.4M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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B
Overall location
score
48
Value decline
risk score
83
Value growth
potential score
  • Gentrifying area
  • Residential district area with 80% of people residing in the area and 20% commuting here for work
  • Close to highway, highway score is 88 (out of 100)
  • Medium household income of $44,905/year in 0.3mi and $61,532/year in 3mi
  • Medium population density of 7,706/sq.mi. in 0.3mi and low population density of 909/sq.mi. in 3mi
  • Area has average popularity with foot traffic score of 65 (out of 100)
  • Access to public transit is average with transit score of 42 (out of 100)
  • Within or relatively close to an urban center
  • A number of amenities within walking distance but not many, including restaurants Holy Cow Ice Cream Cafe, Maria's Pizza, Destino's, Ocean Garden, McDonald's
  • Employers in the area are medium-size businesses, including Gortons Inc., King & Prince, Action Company, Pathways For Children, National Fish & Seafood Inc, Bomco Inc., Tradestone Software Inc. 401(k) Plan, Cape Ann Savings Bank, Cloucester Engineering Co Inc, Roses Oil Service Inc., F w Bryce Inc
  • Low retail growth
  • Population has low level of education with 18% of people with bachelor degrees
  • Limited business growth
  • Low job growth in the area (within 3mi radius)
  • USA / Massachusetts / 01930 / 13 Millett St, Gloucester, MA 01930, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    4
    125000
    7.85
    08/15/19
    Multi-Family
    4
    112500
    8.72
    08/30/18
    Multi-Family
    3
    156000
    8.81
    12/15/17
    Multi-Family
    3
    138333
    6.73
    08/07/17
    Multi-Family
    3
    109166
    8.59
    03/24/17
    Multi-Family
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Name
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    Retail Landscape

    Foot traffic

    Population Density

    Income

    Business Density

    Salaries

    Highways

    Public Transit

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