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Gloucester 01930
29 Shore Rd
$1,365,000
● House - Off Market

29 Shore Rd

Gloucester, MA 01930
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,186 Ft²
$2,763,113
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

Spectacular Ocean Views from almost every room. This charming1920's shingle style home is located across from the ocean and on a clear day see as far as Boston and Cape Cod. This very special home includes, covered wrap around decks,  large foyer with fireplace, bench seats and large closet, living room with fireplace, dining room with fireplace, kitchen with butler's pantry and walk in closet pantry, 3 season porch with views from every window, 4 bedrooms w/ deck overlooking the ocean on the second floor, partially finished 3rd floor could be your master suite w/ views from every window, office suite or play room.  It's ready for you to decide. Plumbing ready for 3rd floor bath, attached one car garage. Updated heating system.
Unit Size
3,186 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$469
Property Type
House
Property Taxes
$1,181
HOA Dues
-
Year Built
1920

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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 #71778077)

Price History

Date / Event Date Event Price
Feb 20, 2015 Sold
Premium
Sold
Dec 19, 2014 Listed by J. Barrett & Company $1,495,000
Listed by J. Barrett & Company
Jan 27, 1999 Sold
Premium
Sold
Jun 17, 1998 Listed by J. Barrett & Company $750,000
Listed by J. Barrett & Company

Property Highlights

Garage
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,372
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,300
  • Total Building Area: 4,002
  • Gross Building Area: 7,420
  • Building Area: 4,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,002
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000236
  • 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:0167 B:0031 L:0000
  • Block: 31
  • Municipality: GLOUCESTER
  • Latitude: 42.573
  • Longitude: -70.7125

    Address

  • Full Address: 29 Shore Rd
  • Address - House Number: 29
  • Address - Street Name: Shore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C018
  • 4-Digit Zip Code: 3927
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,291,600

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 2,457,605
  • High Value: 2,862,268
  • Low Value: 2,052,942

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,355,200
  • Assessed Land Value: $1,131,400
  • Assessed Improvements Value: $1,223,800

    Sales

  • Current Sale Recording Date: Feb 20, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22000425
  • Previous Sale Recording Date: Jan 27, 1999
  • Previous Sale Amount: $707,500
  • 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

1928 ft²

Average Home Age

77.9 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# 71778077

Frequently Asked Questions

When was property at 29 Shore Road built and last sold?
The property at 29 Shore Road was built in 1920 and last sold on Jan 1, 1970 for $1,365,000.
How much is this home worth?
The estimated value of the home located at 29 Shore Road is $1,491,146.
What are some comparable homes to 29 Shore Road?
There are currently no comparable homes to 29 Shore Road.
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