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Gloucester 01930
11 Ship's Bell Road
$2,350,000
● House - Off Market

11 Ship's Bell Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,338 Ft²
$2,198,680
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

View spectacular panoramic sunsets over Ipswich Bay from the the 40 foot deck of this 3 bedroom, 3 full bath contemporary in a private Lanesville enclave.  Enjoy immediate access to the Atlantic and part ownership of the neighborhood's unique and private seaside quarry.  Architect-designed home built in 2007 with meticulous attention to detail and finishes.  Open living room and dining room, fireplace, cathedral ceilings, private and spacious en suite primary bedroom with ample closet space.  Lower level en suite guest room has ocean views, walk out and large room for storage. Fully air-conditioned. Beautifully landscaped grounds include lush plantings, irrigation system and generator.
Unit Size
2,338 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$939
Property Type
House
Property Taxes
$1,588
HOA Dues
$42
Year Built
2007

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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 #73111435)

Price History

Date / Event Date Event Price
Jun 26, 2023 Sold
Premium
Sold
May 23, 2023 In contract -
In contract
May 15, 2023 Listed by Coldwell Banker Realty - Manchester $2,195,000
Listed by Coldwell Banker Realty - Manchester
Jul 5, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,239
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,505
  • Total Building Area: 1,781
  • Gross Building Area: 4,127
  • Building Area: 1,781
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 13
  • Heated Square Feet: 1,781
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000448
  • 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:0144 B:0017 L:0000
  • Block: 17
  • Municipality: GLOUCESTER
  • Latitude: 42.6809
  • Longitude: -70.6549

    Address

  • Full Address: 11 Ships Bell Rd
  • Address - House Number: 11
  • Address - Street Name: Ships Bell
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C020
  • 4-Digit Zip Code: 1030
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,065,800

    Appraisal Valuation

  • Standard Deviation: 0.1605
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,165,062
  • High Value: 2,512,598
  • Low Value: 1,817,527

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,123,100
  • Assessed Land Value: $1,318,300
  • Assessed Improvements Value: $804,800

    Sales

  • Current Sale Contract Date: Jun 22, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230626002070
  • Previous Sale Recording Date: Jul 05, 2007
  • Previous Sale Amount: $450,000
  • 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# 73111435

Frequently Asked Questions

When was property at 11 Ship's Bell Road built and last sold?
The property at 11 Ship's Bell Road was built in 2007 and last sold on Jun 22, 2023 for $2,350,000.
How much is this home worth?
The estimated value of the home located at 11 Ship's Bell Road is $2,181,003.
What are some comparable homes to 11 Ship's Bell Road?
There are currently no comparable homes to 11 Ship's Bell Road.
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