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Gloucester 01930
7 Bayberry Lane
Photo of 7 Bayberry Lane
Sold on Sep 10, 2010

1

Map

$1,150,000
● House - Off Market

7 Bayberry Lane

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
4,000 Ft²
$2,821,705
RealtyHop Estimate
117.05%
Since Oct 1, 2010
National-US
Primary Model

About This Property

Steps to private Wingaersheek/Coffins Beach, this custom built Contemporary home overlooks sand dunes,beach grass with breathtaking views of the Atlantic Ocean.Enjoy year-round or as an extraordinary beach house.This 3 BR home is designed for family living or entertaining w/ gourmet kitchen, open living room w/ HW floors & marble FP, MBR suite with Jacuzzi & European shower. Finished basement with media room and wine cellar.Tastefully fenced & lanscaped w/ Viewing Decks for Summer Fun & Pleasure
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$325
Property Type
House
Property Taxes
$918
HOA Dues
-
Year Built
1990

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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: 2 years ago (MLSPIN #71089023)

Price History

Date / Event Date Event Price
Sep 10, 2010 Sold
Premium
Sold
Jun 2, 2010 Listed by Coldwell Banker Residential Brokerage - Gloucester $1,299,999
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,028
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,032
  • Total Building Area: 4,180
  • Gross Building Area: 8,080
  • Building Area: 4,180
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 4,180
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINGAERSHEEK BEACH
  • Land Acres: 0000000276
  • 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:0067 L:0000
  • Block: 67
  • Municipality: GLOUCESTER
  • Latitude: 42.6548
  • Longitude: -70.6953

    Address

  • Full Address: 7 Bayberry Ln
  • Address - House Number: 7
  • Address - Street Name: Bayberry
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1403
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $3,162,700

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,826,422
  • High Value: 3,259,585
  • Low Value: 2,393,259

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $3,250,500
  • Assessed Land Value: $1,431,800
  • Assessed Improvements Value: $1,818,700

    Sales

  • Current Sale Recording Date: Aug 18, 2016
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 32
  • Previous Sale Recording Date: Sep 10, 2010
  • Previous Sale Amount: $1,150,000
  • 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: 2 years ago
Data Source: MLS PIN, MLS# 71089023

Frequently Asked Questions

When was property at 7 Bayberry Lane built and last sold?
The property at 7 Bayberry Lane was built in 1990 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Bayberry Lane is $1,338,607.
What are some comparable homes to 7 Bayberry Lane?
There are currently no comparable homes to 7 Bayberry Lane.
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