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Gloucester 01930
5 Sleepy Hollow Road
$678,600
● House - Off Market

5 Sleepy Hollow Road

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,144 Ft²
$1,234,729
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

DEEDED RIGHTS TO SPECTACULAR COFFIN / WINGAERSHEEK BEACH ! This home is set on a quiet street and is only a short walk to the beach. The home has had many recent updates including; roof, heating system, A/C, interior doors, and 200 amp electric panel. The freshly painted interior features an updated kitchen, granite counter tops, counter bar with stools, and separate eating area. The living room and open family room  ( with a door leading to backyard deck ) have newer carpeting.  There are 2 spacious bedrooms and a full bath. The lower level is waiting for your finishing touches and features a 1/2 bath. Title V in hand. There is plenty of room for your guests to park. Outdoor shower. Interest rates are low, opportunity is knocking, don't miss out !
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$638
Property Type
House
Property Taxes
$584
HOA Dues
$500
Year Built
1962

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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: 5 months ago (MLSPIN #71952360)

Price History

Date / Event Date Event Price
Jul 22, 2016 Sold
Premium
Sold
Jan 26, 2016 Listed by Realty Associates $729,900
Listed by Realty Associates
Jun 12, 2009 Sold
Premium
Sold
Apr 8, 2009 Listed by Realty Associates $599,999
Listed by Realty Associates

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,088
  • Total Building Area: 1,144
  • Gross Building Area: 2,710
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PERCY E & BESSIE M ROBERTS WIN
  • Land Acres: 0000000117
  • 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: 221902

Zoning

  • Zoning: R-20

Geography

  • Parcel: GLOU M:0257 B:0050 L:0000
  • Block: 50
  • Municipality: GLOUCESTER
  • Latitude: 42.6535
  • Longitude: -70.6977

    Address

  • Full Address: 5 Sleepy Hollow Rd
  • Address - House Number: 5
  • Address - Street Name: Sleepy Hollow
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1417
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,026,600

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,142,798
  • High Value: 1,324,951
  • Low Value: 960,644

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,055,100
  • Assessed Land Value: $775,400
  • Assessed Improvements Value: $279,700

    Sales

  • Current Sale Recording Date: Jul 22, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 537
  • Previous Sale Recording Date: Jun 12, 2009
  • Previous Sale Amount: $480,000
  • 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:

$699,000

Sale Price/ft²

$443

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2039 ft²

Average Home Age

81.4 years

Currently For Sale

99 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: 5 months ago
Data Source: MLS PIN, MLS# 71952360

Frequently Asked Questions

When was property at 5 Sleepy Hollow Road built and last sold?
The property at 5 Sleepy Hollow Road was built in 1962 and last sold on Jan 1, 1970 for $678,600.
How much is this home worth?
The estimated value of the home located at 5 Sleepy Hollow Road is $718,194.
What are some comparable homes to 5 Sleepy Hollow Road?
There are currently no comparable homes to 5 Sleepy Hollow Road.
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