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Rockport 01966
1 Gap Head Road
$1,625,000
● House - Off Market

1 Gap Head Road

Rockport, MA 01966
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,326 Ft²
$4,456,180
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

OCEANFRONT! MAJESTICALLY SET ON 3/4 ACRE;3-STORY COLONIAL WITH OVER 3300 SQ. FT. LIVING AREA; WARM WOOD FLOORS, 3 FIREPLACES; 2-CAR DETACHED GARAGE WITH LOFT; UNOBSTSRUCTED AND SWEEPING OCEAN VIEWS; BREATHTAKING SUNSETS
Unit Size
3,326 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$541
Property Type
House
Property Taxes
$804
HOA Dues
-
Year Built
1929

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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: 5 months ago (MLSPIN #30618113)

Price History

Date / Event Date Event Price
Aug 29, 2002 Sold
Premium
Sold
Jun 18, 2002 Listed by Coldwell Banker Residential Brokerage - Gloucester $1,800,000
Listed by Coldwell Banker Residential Brokerage - Gloucester
Apr 1, 1996 Sold
Premium
Sold
Sep 28, 1994 Listed $569,000
Listed
ROCKPORT OCEANFRONT STATELY CENTER ENTRANCE COL SITUATED ON SPECTACULAR OCEAN FRONTAGE.FABULOUS VIEWS.2 APARTMENTS AND ADDITIONAL GUEST SUITE.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 300
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,702
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,088
  • Total Building Area: 4,538
  • Gross Building Area: 7,129
  • Building Area: 4,538
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 18
  • Heated Square Feet: 4,538
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000760
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Rockport School District
  • School Tax School District: ROCKPORT SD
  • Census Tract: 220101

Zoning

  • Zoning: RA

Geography

  • Account Number: 3731
  • District: 252
  • Parcel: ROCK M:30 B:2
  • Block: 2
  • Lot: 2
  • Municipality: ROCKPORT
  • Latitude: 42.6594
  • Longitude: -70.5982

    Address

  • Full Address: 1 Gap Head Rd
  • Address - House Number: 1
  • Address - Street Name: Gap Head
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1908
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,146,800
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2194
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 3,118,356
  • High Value: 3,616,055
  • Low Value: 2,620,657

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,549,700
  • Assessed Land Value: $1,545,700
  • Assessed Improvements Value: $1,004,000

    Sales

  • Current Sale Recording Date: Aug 29, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 01, 1996
  • Previous Sale Amount: $550,000
  • 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 Rockport

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$576

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2095 ft²

Average Home Age

164 years

Currently For Sale

13 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: 5 months ago
Data Source: MLS PIN, MLS# 30618113

Frequently Asked Questions

When was property at 1 Gap Head Road built and last sold?
The property at 1 Gap Head Road was built in 1929 and last sold on Jan 1, 1970 for $1,625,000.
How much is this home worth?
The estimated value of the home located at 1 Gap Head Road is $1,804,517.
What are some comparable homes to 1 Gap Head Road?
There are currently no comparable homes to 1 Gap Head Road.
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