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Gloucester 01930
8 Land's End Lane
$740,000
● House - Off Market

8 Land's End Lane

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,415 Ft²
$1,165,672
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Only 1 block from Gloucester's incredible Back Shore, this one level 2400 s.f. home is just the right scale. Cathedral ceilings in both kitchen and great room give an open and airy feel  and are enhanced by oversized windows to enjoy nature no matter the weather.  In addition to the kitchen and great room there are three bedrooms,  formal dining room, and sweet sunroom leading to a pretty deck and the spectacular yard – a gardener's dream.  This home is handicapped accessible and fitted with an elevator from the garage to the great room, and master bath has a walk-in soaking tub. There is also an 8000 watt generator in case of area power failure. Wonderful East Gloucester home!
Unit Size
2,415 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$329
Property Type
House
Property Taxes
$736
HOA Dues
-
Year Built
1993

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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: 4 months ago (MLSPIN #72519942)

Price History

Date / Event Date Event Price
Aug 30, 2019 Sold
Premium
Sold
Jun 17, 2019 Listed by Engel & Volkers By the Sea $795,000
Listed by Engel & Volkers By the Sea
Aug 18, 2003 Sold
Premium
Sold

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 11
  • 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: 2,016
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,870
  • Total Building Area: 2,415
  • Gross Building Area: 5,164
  • Building Area: 2,415
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,415
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000594
  • 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:0076 B:0082 L:0000
  • Block: 82
  • Municipality: GLOUCESTER
  • Latitude: 42.5997
  • Longitude: -70.6398

    Address

  • Full Address: 8 Lands End Ln
  • Address - House Number: 8
  • Address - Street Name: Lands End
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C016
  • 4-Digit Zip Code: 4348
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $980,800

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,143,635
  • High Value: 1,325,922
  • Low Value: 961,348

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,008,000
  • Assessed Land Value: $367,400
  • Assessed Improvements Value: $640,600

    Sales

  • Current Sale Recording Date: Aug 18, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 63581
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

1919 ft²

Average Home Age

80.1 years

Currently For Sale

90 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72519942

Frequently Asked Questions

When was property at 8 Lands End Lane built and last sold?
The property at 8 Lands End Lane was built in 1993 and last sold on Jan 1, 1970 for $629,000.
How much is this home worth?
The estimated value of the home located at 8 Lands End Lane is $825,579.
What are some comparable homes to 8 Lands End Lane?
There are currently no comparable homes to 8 Lands End Lane.
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