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Gloucester 01930
9 Bayberry Lane
Photo of 9 Bayberry Lane
Sold on Aug 3, 2010

1

Map

$960,000
● House - Off Market

9 Bayberry Lane

Gloucester, MA 01930
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,812 Ft²
$2,470,577
RealtyHop Estimate
114.83%
Since Sep 1, 2010
National-US
Primary Model

About This Property

Private Coffins/Wingaersheek Beach newly built 360 degree Ocean and Beach view Contemporary. One house back from the Front Row! Features include 3+ bedrooms, 2 full baths, 2 1/2 baths, multiple decks, gas fireplaced living room, bonus room, 2-car garage and full basement for expansion.  Enjoy your open roof deck for summer fun and viewing pleasure. Tennis and sailing lessons available in the summer season.
Unit Size
2,812 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$409
Property Type
House
Property Taxes
$864
HOA Dues
$600
Year Built
2007

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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: 2 years ago (MLSPIN #71040700)

Price History

Date / Event Date Event Price
Aug 4, 2010 Sold
Premium
Sold
Mar 3, 2010 Listed $1,149,999
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 16
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,118
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,137
  • Total Building Area: 2,812
  • Gross Building Area: 5,859
  • Building Area: 2,812
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,812
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALTER B DAVIS
  • Land Acres: 0000000279
  • 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:0066 L:0000
  • Block: 66
  • Municipality: GLOUCESTER
  • Latitude: 42.6548
  • Longitude: -70.695

    Address

  • Full Address: 9 Bayberry Ln
  • Address - House Number: 9
  • 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: $2,064,200

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 2,130,654
  • High Value: 2,457,187
  • Low Value: 1,804,121

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,121,500
  • Assessed Land Value: $1,433,700
  • Assessed Improvements Value: $687,800

    Sales

  • Current Sale Recording Date: Aug 04, 2010
  • Current Sale Price:
    Premium
  • Current 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# 71040700

Frequently Asked Questions

When was property at 9 Bayberry Lane built and last sold?
The property at 9 Bayberry Lane was built in 2007 and last sold on Jan 1, 1970 for $960,000.
How much is this home worth?
The estimated value of the home located at 9 Bayberry Lane is $1,160,941.
What are some comparable homes to 9 Bayberry Lane?
There are currently no comparable homes to 9 Bayberry Lane.
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