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Gloucester 01930
1 Bittersweet Road
$680,000
● House - Off Market

1 Bittersweet Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,188 Ft²
$801,308
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Annisquam! This delightful ranch style cottage overlooks Lobster Cove and has far-reaching views of the Annisquam River and  Wingaersheek Beach. Beautifully sited on a hillside lot, One Bittersweet Road is surrounded by mature gardens, filled with perennials. The  easy one-level living is bright and airy, with vaulted ceilings in the main living areas. The many windows let the sun warm the home and allow soothing breezes to tempt your senses. The walk-out lower level has additional bedroom/home office. The Annisquam Footbridge is at the edge of the property, which will take you to the Village, Yacht Club and beaches.
Unit Size
1,188 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$455
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
-

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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 #72332567)

Price History

Date / Event Date Event Price
Apr 24, 2019 Sold
Premium
Sold
May 9, 2018 Listed by Coldwell Banker Residential Brokerage - Gloucester $540,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
May 29, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,238
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000235
  • Standard Land Use Code: 8001
  • County Land Use Code: 130

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221100

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0117 B:0038 L:0000
  • Block: 38
  • Municipality: GLOUCESTER
  • Latitude: 42.6552
  • Longitude: -70.6733

    Address

  • Full Address: 1a Bittersweet Rd
  • Address - House Number: 1a
  • Address - Street Name: Bittersweet
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C026
  • 4-Digit Zip Code: 1277
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $228,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $234,400
  • Assessed Land Value: $234,400

    Sales

  • Current Sale Contract Date: Apr 22, 2019
  • Current Sale Recording Date: Apr 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190424001620
  • Previous Sale Recording Date: May 29, 1992
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: 27
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:

$699,450

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1941 ft²

Average Home Age

77 years

Currently For Sale

91 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# 72332567

Frequently Asked Questions

When was property at 1 Bittersweet Road built and last sold?
The property at 1 Bittersweet Road was built in and last sold on Apr 22, 2019 for $680,000.
How much is this home worth?
The estimated value of the home located at 1 Bittersweet Road is $561,102.
What are some comparable homes to 1 Bittersweet Road?
There are currently no comparable homes to 1 Bittersweet Road.
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