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Hull
16 Gunrock Avenue
$480,000
● Land - Off Market

16 Gunrock Avenue

Hull, MA 02045
bedrooms
Studio
bathrooms
0 Bath
$543,297
RealtyHop Estimate
9.76%
Since Feb 1, 2022
MA-Boston
Primary Model

About This Property

NEW PRICE! Direct Waterfront Opportunity to Build your DREAM HOME and to own beyond the seawall.6500 square foot buildable lot offers panaoramic views of the Atlantic Ocean.Just steps to Private, Sandy Gunrock Beach and Crescent Beach where you can swim or enjoy water sports such as Kayaking, paddle boarding and boating. Walking distance to restaurants and the paragon boardwalk. Spend your mornings enjoying the spectacular sunrises, days admiring scenic Boston Light, Graves Light and Minot Light and evenings taking in the views of magnificent sunsest from the comfort of your custom built home. Recently renovated Seawall and revetment project with VERY LOW FLOOD INSURANCE. Short drive to Commuter Boat, Commuter Rail, Cohasset, Hingham and the Hingham Shipyard.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2023

Payment Calculator

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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: 5 years ago (MLSPIN #72870516)

Price History

Date / Event Date Event Price
Jan 19, 2022 Sold
Premium
Sold
Jul 23, 2021 Listed by Century 21 North East $495,000
Listed by Century 21 North East

Property Highlights

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 16
  • Floor Count: 200
  • 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: 6,499
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,754
  • Gross Building Area: 2,354
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Hull School District
  • School Tax School District: HULL SD
  • Census Tract: 500103

Zoning

  • Zoning: SFA

Geography

  • Account Number: 52-068
  • District: 142
  • Parcel: HULL M:00052 P:00068
  • Municipality: HULL
  • Latitude: 42.2681
  • Longitude: -70.838

    Address

  • Full Address: 16 Gunrock Ave
  • Address - House Number: 16
  • Address - Street Name: Gunrock
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Hull
  • Carrier Code: C001
  • 4-Digit Zip Code: 3312
  • Zip Code: 02045

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,203,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,033,400
  • Assessed Land Value: $479,300
  • Assessed Improvements Value: $554,100

    Sales

  • Current Sale Contract Date: Jan 19, 2022
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 5340
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 Hull

Stats & Trends

Median Asking:

$772,000

Sale Price/ft²

$472

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1897 ft²

Average Home Age

62.7 years

Currently For Sale

51 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72870516

Frequently Asked Questions

When was property at 16 Gunrock Avenue built and last sold?
The property at 16 Gunrock Avenue was built in 2023 and last sold on Jan 19, 2022 for $480,000.
How much is this home worth?
The estimated value of the home located at 16 Gunrock Avenue is $499,950.
What are some comparable homes to 16 Gunrock Avenue?
There are currently no comparable homes to 16 Gunrock Avenue.
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