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Gloucester 01930
41 Shore Road
$1,310,000
● House - Off Market

41 Shore Road

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,408 Ft²
$1,994,598
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

Commanding, direct ocean views of Kettle Island and beyond will take your breath away.  From the expansive, composite deck and railings from front of the house, you can enjoy your morning cup of coffee or an evening beverage with plenty of room to entertain.  Cement board shingles covered with a premier paint provide low maintenance and more time to enjoy beaches, fishing, biking and relaxing. Pella windows let the outside in throughout the main level featuring an open concept dining and living room with fireplace, hardwood floors and views of the Atlantic including the master bedroom and second bedroom. The calming affect of waves lapping against the shore will lull you to sleep at night. Summer will be here soon. Spend this summer and many more at 41 Shore Road!
Unit Size
1,408 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$930
Property Type
House
Property Taxes
$1,106
HOA Dues
-
Year Built
1966

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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 #72309829)

Price History

Date / Event Date Event Price
May 30, 2018 Sold
Premium
Sold
Apr 10, 2018 Listed by LUX Realty North Shore $1,310,000
Listed by LUX Realty North Shore

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 18
  • 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: 1,008
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,940
  • Total Building Area: 1,408
  • Gross Building Area: 3,696
  • Building Area: 1,408
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,408
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EVA GRADWOHL
  • Land Acres: 0000000320
  • 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:0166 B:0023 L:0000
  • Block: 23
  • Municipality: GLOUCESTER
  • Latitude: 42.5732
  • Longitude: -70.7148

    Address

  • Full Address: 41 Shore Rd
  • Address - House Number: 41
  • Address - Street Name: Shore
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C018
  • 4-Digit Zip Code: 3958
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,636,600

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,443,341
  • High Value: 1,694,550
  • Low Value: 1,192,132

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,682,000
  • Assessed Land Value: $1,203,200
  • Assessed Improvements Value: $478,800

    Sales

  • Current Sale Recording Date: May 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180530004430
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# 72309829

Frequently Asked Questions

When was property at 41 Shore Road built and last sold?
The property at 41 Shore Road was built in 1966 and last sold on Jan 1, 1970 for $1,310,000.
How much is this home worth?
The estimated value of the home located at 41 Shore Road is $1,294,396.
What are some comparable homes to 41 Shore Road?
There are currently no comparable homes to 41 Shore Road.
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