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Gloucester 01930
17 Ferry Hill Road
$875,000
● House - Off Market

17 Ferry Hill Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,112 Ft²
$1,744,461
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model

About This Property

Boater's Paradise!!!  Sitting perfectly on the Annisquam River half way between Gloucester Harbor and Wingaersheek Beach, lies this incredible waterfront home offering wonderful views and spectacular sunsets. A sprawling 1,100 square foot sun-deck, deep water dock, covered wrap-around porch, and a spacious, contemporary interior with vaulted ceilings and walls of glass make this home ideal for entertaining.
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$424
Property Type
House
Property Taxes
$673
HOA Dues
-
Year Built
1960

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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 #71482487)

Price History

Date / Event Date Event Price
Jul 17, 2013 Sold
Premium
Sold
Feb 14, 2013 Listed by By The Sea Sotheby's International Realty $895,000
Listed by By The Sea Sotheby's International Realty
Dec 28, 2001 Sold
Premium
Sold
Mar 20, 2001 Listed by By The Sea Sotheby's International Realty $799,000
Listed by By The Sea Sotheby's International Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 200
  • Living Units: 1
  • 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: 7,670
  • Total Building Area: 2,113
  • Gross Building Area: 2,509
  • Building Area: 2,113
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,113
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 221800

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0091 B:0009 L:0000
  • Block: 9
  • Municipality: GLOUCESTER
  • Latitude: 42.6259
  • Longitude: -70.6874

    Address

  • Full Address: 17 Ferry Hill Rd
  • Address - House Number: 17
  • Address - Street Name: Ferry Hill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C029
  • 4-Digit Zip Code: 2532
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,375,800

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,280,622
  • High Value: 1,503,511
  • Low Value: 1,057,734

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,414,000
  • Assessed Land Value: $740,200
  • Assessed Improvements Value: $673,800

    Sales

  • Current Sale Recording Date: Jul 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00007170
  • Previous Sale Recording Date: Dec 28, 2001
  • Previous Sale Amount: $277,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: UNK
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

1906 ft²

Average Home Age

79.6 years

Currently For Sale

89 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# 71482487

Frequently Asked Questions

When was property at 17 Ferry Hill Road built and last sold?
The property at 17 Ferry Hill Road was built in 1960 and last sold on Jan 1, 1970 for $875,000.
How much is this home worth?
The estimated value of the home located at 17 Ferry Hill Road is $887,992.
What are some comparable homes to 17 Ferry Hill Road?
There are currently no comparable homes to 17 Ferry Hill Road.
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