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Gloucester 01930
4 Harbor Rd
$1,725,000
● House - Off Market

4 Harbor Rd

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$2,376,504
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

The perfect Good Harbor Beach getaway with 1.4 miles of white sandy beach, undoubtedly one of the best beaches for walking and surfing on the North Shore. Come and enjoy this fully renovated home with splendid water views and ocean breezes just steps from the beach. Renovated in 2006, the house has an open concept floor plan with an eat-in kitchen with stainless steel appliances and granite counters and an adjacent family room with access to an expansive ocean facing deck.  The home has central air conditioning, an outdoor shower, and beautiful sloping lawns overlooking the waves of the Atlantic Ocean. Ideal for relaxing while admiring the most beautiful sunrise and sunsets Gloucester has to offer.Good Harbor Beach is steps away with no need to park or pay for access.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$942
Property Type
House
Property Taxes
$1,015
HOA Dues
-
Year Built
1957

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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 #72650514)

Price History

Date / Event Date Event Price
Jun 5, 2020 Sold
Premium
Sold
May 2, 2020 Listed by LandVest, Inc., Manchester -by-the-Sea $1,695,000
Listed by LandVest, Inc., Manchester -by-the-Sea
Jun 18, 2010 Sold
Premium
Sold
Apr 15, 2010 Listed by LandVest, Inc., Manchester -by-the-Sea $995,000
Listed by LandVest, Inc., Manchester -by-the-Sea
Apr 28, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,152
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,840
  • Total Building Area: 1,200
  • Gross Building Area: 2,878
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000341
  • 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-20

Geography

  • Parcel: GLOU M:0068 B:0020 L:0000
  • Block: 20
  • Municipality: GLOUCESTER
  • Latitude: 42.6166
  • Longitude: -70.6349

    Address

  • Full Address: 4 Harbor Rd
  • Address - House Number: 4
  • Address - Street Name: Harbor
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C016
  • 4-Digit Zip Code: 3222
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,581,500

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,590,314
  • High Value: 1,867,103
  • Low Value: 1,313,525

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,625,400
  • Assessed Land Value: $1,221,100
  • Assessed Improvements Value: $404,300

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200605002220
  • Previous Sale Recording Date: Jun 18, 2010
  • Previous Sale Amount: $905,000
  • 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

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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72650514

Frequently Asked Questions

When was property at 4 Harbor Road built and last sold?
The property at 4 Harbor Road was built in 1957 and last sold on May 29, 2020 for $1,725,000.
How much is this home worth?
The estimated value of the home located at 4 Harbor Road is $1,661,386.
What are some comparable homes to 4 Harbor Road?
There are currently no comparable homes to 4 Harbor Road.
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