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Gloucester 01930
13 Strawberry Cove
$2,290,000
● House - Off Market

13 Strawberry Cove

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,841 Ft²
$4,517,686
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Stately and elegant villa on high bluff commanding 100 ft of oceanfront in Magnolia Shores, with graceful fountains, terraces and formal gardens leading down to granite steps that cascade gently to the sea. Many dramatic elements-a curving concrete staircase, stone-arched passages and alcoves, Juliet balconies, a tower room-accent the home's perfect balance of grandeur and intimacy. Ground floor has guest suite, office and wine cellar; main floor features a classic great room with French doors, balconies, and fireplace, opening to gourmet kitchen with granite counters and pantry; second floor has fireplaced master suite with private deck overlooking terraces, grounds and ocean. Set in highly desirable community close to Magnolia village.
Unit Size
4,841 Ft²
Days on Market
-
Land Size
0.86 acres
Price per sqft
$516
Property Type
House
Property Taxes
$2,719
HOA Dues
-
Year Built
1998

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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 #71797135)

Price History

Date / Event Date Event Price
Apr 21, 2015 Sold
Premium
Sold
Mar 2, 2015 Listed by By The Sea Sotheby's International Realty $2,499,000
Listed by By The Sea Sotheby's International Realty
Oct 18, 2001 Sold
Premium
Sold
Jun 7, 2001 Listed by By The Sea Sotheby's International Realty $2,950,000
Listed by By The Sea Sotheby's International Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,615
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,347
  • Total Building Area: 4,887
  • Gross Building Area: 10,289
  • Building Area: 4,887
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 4,887
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000857
  • 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: 221901

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0190 B:0047 L:0000
  • Block: 47
  • Municipality: GLOUCESTER
  • Latitude: 42.5774
  • Longitude: -70.7035

    Address

  • Full Address: 13 Strawberry Cv
  • Address - House Number: 13
  • Address - Street Name: Strawberry
  • Address - Suffix Type: Cv
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C018
  • 4-Digit Zip Code: 5245
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,107,700

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 2,905,914
  • High Value: 3,270,393
  • Low Value: 2,541,435

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,193,900
  • Assessed Land Value: $1,697,400
  • Assessed Improvements Value: $1,496,500

    Sales

  • Current Sale Recording Date: Apr 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 42100554
  • Previous Sale Recording Date: Oct 18, 2001
  • Previous Sale Amount: $2,700,000
  • 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:

$699,900

Sale Price/ft²

$443

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1919 ft²

Average Home Age

80.1 years

Currently For Sale

90 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71797135

Frequently Asked Questions

When was property at 13 Strawberry Cove built and last sold?
The property at 13 Strawberry Cove was built in 1998 and last sold on Jan 1, 1970 for $2,290,000.
How much is this home worth?
The estimated value of the home located at 13 Strawberry Cove is $2,515,271.
What are some comparable homes to 13 Strawberry Cove?
There are currently no comparable homes to 13 Strawberry Cove.
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