30
Map
$929,000
↓ $20K (2.1%)
●
House -
For Sale
5 Field Rd
Gloucester, MA 01930
3 Beds
2 Baths
1,377 Ft²
Upcoming Open House
9:30AM - 11AM, Sun, Oct 4
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$5,086
Est. Monthly
About This Property
5 minutes to Magnolia Beach! Enjoy single-level turnkey living
featuring top-quality, extensive renovations throughout! Open
concept living/dining/kitchen. 2 bedrooms PLUS an ensuite primary
bedroom with walk in shower(4 bedroom septic) and 2 full baths
total all on one level. Downstairs, you'll find a spacious,
semi-finished basement bonus space boasting 7.5-foot ceilings, a
window well, and egress. Tucked off the beaten path, this
property sits on a level lot complete with an apple tree, raspberry
bushes, off-street parking, and a corner lot on paper road
leading right to the beach. You are just moments away from
Lexington Ave shops and restaurants, plus the magnificent vistas of
Shore Rd. Don't miss this move-in ready home-there is still time to
enjoy the beach! Assumable leased solar panels make for sustainable
living. Come take a look today
Unit Size
1,377 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$675
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
-
Listed By
Camille Murphy
Coldwell Banker Realty - Beverly
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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: 2 days ago (MLSPIN #73540349)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$929,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Aug 4, 2026 | Price Decreased |
$949,000
↓ $26K
(2.7%) | |
| Price Decreased | |||
| Jun 23, 2026 | Listed by Redfin Corp. | $975,000 | |
| Listed by Redfin Corp. | |||
| Sep 29, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2010 | Listed by Coldwell Banker Residential Brokerage - Gloucester | $799,000 | |
| Listed by Coldwell Banker Residential Brokerage - Gloucester | |||
| | |||
|
Rocky Neck! What a location! Over 11,000s.f right in the heart of the village! Fantastic views over Smiths Cove! This charming Colonial is set up high to capture the breath-taking views and has a lovely landscaped yard. Mostly all new windows and newer roof. Amazing deck off master bedroom. Sale subject to Seller purchasing suitable housing.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Internet Available - Unknown
Appliances: Electric Water Heater, Dishwasher, Microwave, Refrigerator, Range Hood, Range
Flooring Type: Tile
Door Features: Insulated Doors
Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
Rooms: 5
Basement: Full, Partially Finished, Interior Entry, Concrete, Bulkhead
Exterior Details
Square Footage: 1377
Architectural Style: Ranch
Year Built Source: Public Records
Year Built: 1966
Waterfront Features: Ocean, Walk to, 1/10 to 3/10 To Beach
Building Area Total: 1377
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Porch
Lot Features: Cleared
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7500
Water Source: Public
Financial Details
Tax Assessed Value: $675,700
Tax Annual Amount: $6,291
Utilities Details
Cooling Type: Central Air, None
Heating Type: Central, Forced Air, Heat Pump, Electric, Active Solar
Sewer : Private Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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