Friday, May 11, 2012

Find and Evaluate the Property, Part 2, Summer Home


Summer Home:

Property Type: Multi Family Home
Address: 58 Lexington Avenue, Gloucester MA 01930
Price: $875,000 - Estimated Payment: $4,260/Month - Price/sqft: $438
Rooms: 4 Bedrooms, 4 Bathrooms - Year Built: 1957
Size: 2,000 sqft – Lot: .46 Acres

http://www.trulia.com/property/3084301098-58-Lexington-Ave-Gloucester-MA-01930

http://www.familywatchdog.us/ShowMap.asp?frm=0

http://www.trulia.com/property/schools/3084301098-58-Lexington-Ave-Gloucester-MA-01930

http://www.bestplaces.net/people/zip-code/massachusetts/gloucester/01930

Are there any sexual Predators in the neighborhood? 12 Offenders, 3 Non-Mappable Offenders.

What is the violent crime rate? Please see the property and crime graphs posted below. This data is current from 2012.

What are the social demographics of your neighbors?
- 95.13% are White
- 1.12% are African American
- 1.12% are Asian
- .14% are Native American
- 2.48% Other

Is your property free of environmental hazards, noise pollution, and other issues? Yes.

How good are the schools? Schools are available but we would not need to utilize them since this would be our “summer” home when school is not in session. However, the public schools are rated 10/10 for Elementary School, 7/10 for Middle School, and 7/10 for High School.
Are there good hospitals nearby? Cape Ann Medical Center, located in Gloucester, Ma.

How efficient and transparent is your local government? In my opinion, governments are never as “truthful and reliable” as they may seem.

How does this compare to other homes on the market?
This home is much older than the first house that was presented. However, this home allows the residents to live right by the water all year round especially during the summers!

Well or Septic? (Why is Massachusetts is this important?)
Having a well allows your water source to be close to home and less expensive than relying on a public system.

Septic Systems call for a decent amount of maintenance overtime however it is still less expensive than utilizing a public sewage system.



   

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