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Gloucester 01930
89-R Wingaersheek Rd
$2,700,000
● House - Off Market

89-R Wingaersheek Rd

Gloucester, MA 01930
bedrooms
2 Beds
bathrooms
3 Baths
square feet
2,258 Ft²
$4,141,152
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

On "private" Coffins Beach, behind the stone pillars and further down oceanfront Wingaersheek Road is where you'll find this 1990 built beach house. Located "mid beach", the sweeping 180 degree vistas are mesmerizing from both first and second floors. The spectacular views of this unspoiled mile and a half private beach start the moment you enter the home. Drawn into the open living/dining room and out onto the deck, you'll feel like you're already "in the dunes" and on the beach. The home includes easy 8 car parking and a detached garage for all your water toys. Family and guests will love Gloucester's vibrant arts scene and beach-town activities, just 50 minutes north of Boston.
Unit Size
2,258 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$1,207
Property Type
House
Property Taxes
$2,013
HOA Dues
$43
Year Built
1959

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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 #72323867)

Price History

Date / Event Date Event Price
Jan 7, 2019 Sold
Premium
Sold
May 9, 2018 Listed by Gibson Sotheby's International Realty $2,725,000
Listed by Gibson Sotheby's International Realty
Aug 31, 1992 Sold
Premium
Sold

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,029
  • Total Building Area: 480
  • Gross Building Area: 1,541
  • Building Area: 480
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 480
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0261 B:0019 L:0000
  • Block: 19
  • Municipality: GLOUCESTER
  • Latitude: 42.6591
  • Longitude: -70.7119

    Address

  • Full Address: 89 Wingaersheek Rd
  • Address - House Number: 89
  • Address - Street Name: Wingaersheek
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Gloucester
  • Carrier Code: C021
  • 4-Digit Zip Code: 1425
  • Zip Code: 01930

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,528,000

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 86
  • Final Value: 1,641,203
  • High Value: 1,847,053
  • Low Value: 1,435,353

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,570,400
  • Assessed Land Value: $1,383,000
  • Assessed Improvements Value: $187,400

    Sales

  • Current Sale Contract Date: Jan 03, 2019
  • Current Sale Recording Date: Jan 07, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190107001820
  • Previous Sale Recording Date: Aug 27, 2004
  • 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

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# 72323867

Frequently Asked Questions

When was property at 89R Wingaersheek Road built and last sold?
The property at 89R Wingaersheek Road was built in 1959 and last sold on Jan 3, 2019 for $2,700,000.
How much is this home worth?
The estimated value of the home located at 89R Wingaersheek Road is $2,674,625.
What are some comparable homes to 89R Wingaersheek Road?
There are currently no comparable homes to 89R Wingaersheek Road.
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