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Gloucester 01930
15 Sunset Point Road
$859,000
● House - Off Market

15 Sunset Point Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,355 Ft²
$1,311,847
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Rare opportunity to own an oceanfront contemporary custom-built home in an outstanding location. This unfinished property in a private seaside setting offers panoramic ocean views and spectacular sunsets. A versatile floor plan offers one-level living with a 3rd floor master and/or studio, expansive rooftop deck for undisturbed enjoyment of the glorious sun and sea, and an unfinished lower level. The home is tied in to city sewer system, so existing structure offers many living options, at minimum presenting a 3 bedroom, 2 full bath home with two custom fireplaces. Opportunity to own both this home and the abutting bungalow listed for sale at 14 Sunset Point (MLS #72356220). Imagine an adjacent writing or artist studio, rental property, guest cottage, extended family unit or garage.
Unit Size
1,355 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$647
Property Type
House
Property Taxes
$764
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 #72356218)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Jul 3, 2018 Listed by Engel & Volkers By the Sea $877,000
Listed by Engel & Volkers By the Sea

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Building Count: 1
  • 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: 15,000
  • 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: E
  • Land Acres: 0000000344
  • Standard Land Use Code: 9200
  • County Land Use Code: 930

Neighborhood

  • School District Name: Gloucester School District
  • School Tax School District: GLOUCESTER SD
  • Census Tract: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0092 B:0072 L:0000
  • Block: 72
  • Municipality: GLOUCESTER
  • Latitude: 42.6273
  • Longitude: -70.683

    Address

  • Full Address: 15 Sunset Hill Rd
  • Address - House Number: 15
  • Address - Street Name: Sunset Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 4846
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $0

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $22,900
  • Assessed Land Value: $22,900
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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72356218

Frequently Asked Questions

When was property at 15 Sunset Hill Road built and last sold?
The property at 15 Sunset Hill Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15 Sunset Hill Road is $876,704.
What are some comparable homes to 15 Sunset Hill Road?
There are currently no comparable homes to 15 Sunset Hill Road.
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