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Gloucester 01930
18 Cliff
$770,000
● House - Off Market

18 Cliff

Gloucester, MA 01930
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,940 Ft²
$1,600,529
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Brier Neck!  Amazing views of Good Harbor Beach, Salt Island and beyond...  Access to private Good Harbor Beach...  This quintessential beach cottage offers old school charm, with rich hardwood bead board walls, and beautifully beamed, extra high ceilings alongside killer views in almost all directions.  It will take some time, care and money to restore to its former grandeur, but the sun & crashing ocean still fill the windows of this wonderful home.  Authentic, untouched detailing, as well as a huge attic begging to be finished(with its own views out to Boston!) are further inspiration to consider. Don't miss this opportunity to re-imagine a classic, and decide for yourself what a beach "cottage" can be in 2015.
Unit Size
2,940 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$306
Property Type
House
Property Taxes
$816
HOA Dues
-
Year Built
1925

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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 #71826194)

Price History

Date / Event Date Event Price
Jun 15, 2015 Sold
Premium
Sold
Apr 27, 2015 Listed by Coldwell Banker Residential Brokerage - Gloucester $899,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 12,591
  • Total Building Area: 1,698
  • Gross Building Area: 4,330
  • Building Area: 1,698
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,698
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 221300

Zoning

  • Zoning: R-10

Geography

  • Parcel: GLOU M:0176 B:0039 L:0000
  • Block: 39
  • Municipality: GLOUCESTER
  • Latitude: 42.6237
  • Longitude: -70.6257

    Address

  • Full Address: 18 Cliff Rd
  • Address - House Number: 18
  • Address - Street Name: Cliff
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C008
  • 4-Digit Zip Code: 1969
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,086,400

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,243,137
  • High Value: 1,459,501
  • Low Value: 1,026,773

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,116,500
  • Assessed Land Value: $770,500
  • Assessed Improvements Value: $346,000

    Sales

  • Current Sale Recording Date: Jun 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 562508
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

1913 ft²

Average Home Age

81.9 years

Currently For Sale

88 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# 71826194

Frequently Asked Questions

When was property at 18 Cliff Road built and last sold?
The property at 18 Cliff Road was built in 1925 and last sold on Jan 1, 1970 for $770,000.
How much is this home worth?
The estimated value of the home located at 18 Cliff Road is $929,786.
What are some comparable homes to 18 Cliff Road?
There are currently no comparable homes to 18 Cliff Road.
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