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Gloucester 01930
4 Edgemoor Road
$950,000
● House - Off Market

4 Edgemoor Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,316 Ft²
$1,952,850
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model

About This Property

GORGEOUS 1 YEAR OLD HOME, ALMOST AN ACRE OF LAND, AND JUST STEPS TO NILES BEACH!!!  This custom built Nantucket style home has a large open first floor that expands out onto the extensive patio which overlooks the back yard and provides views of Gloucester Harbor.  There is also an attached two car garage with a ready to be finished family rm, office, au pair or in law suite.  This property is great for entertaining and those beautiful days at the beach.
Unit Size
2,316 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$430
Property Type
House
Property Taxes
$801
HOA Dues
-
Year Built
2011

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #71495749)

Price History

Date / Event Date Event Price
Jun 28, 2013 Sold
Premium
Sold
Mar 19, 2013 Listed by Vadala Real Estate $995,000
Listed by Vadala Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,140
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,168
  • Total Building Area: 2,940
  • Gross Building Area: 5,326
  • Building Area: 2,940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,940
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LITERARY SOCIETY ST CATHERINE
  • Land Acres: 0000000922
  • 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: RC-40

Geography

  • Parcel: GLOU M:0134 B:0085 L:0000
  • Block: 85
  • Municipality: GLOUCESTER
  • Latitude: 42.5968
  • Longitude: -70.6524

    Address

  • Full Address: 4 Edgemoor Rd
  • Address - House Number: 4
  • Address - Street Name: Edgemoor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C023
  • 4-Digit Zip Code: 4213
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,648,800

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,751,507
  • High Value: 2,030,684
  • Low Value: 1,472,330

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,694,600
  • Assessed Land Value: $706,800
  • Assessed Improvements Value: $987,800

    Sales

  • Current Sale Recording Date: Feb 09, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180209000900
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: O
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

1884 ft²

Average Home Age

81.2 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# 71495749

Frequently Asked Questions

When was property at 4 Edgemoor Road built and last sold?
The property at 4 Edgemoor Road was built in 2011 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Edgemoor Road is $1,011,499.
What are some comparable homes to 4 Edgemoor Road?
There are currently no comparable homes to 4 Edgemoor Road.
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