$950,000
●
House -
In Contract
1 Spring Lane
Rockport, MA 01966
4 Beds
3 Baths
2,300 Ft²
$5,265
Est. Monthly
About This Property
MOVE RIGHT INTO THIS CHARMING 10 ROOM, HIP ROOF COLONIAL IN ONE OF
ROCKPORTS MOST DESIRABLE NEIGHBORHOODS. FEATURING 4 BEDROOMS, 3
NEWLY RENOVATED FULL BATHS, UPDATED KITCHEN WITH GRANITE
COUNTERTOPS, STAINLESS STEEL APPLIANCES, SLIDER LEADING OUT TO AN
OVERSIZED DECK AND BEAUTIFUL GARDENS, PLUS 2 BONUS ROOMS ON THE
THIRD FLOOR. THE WALKOUT BASEMENT CAN BE FINISHED TO PROVIDE
ADDITIONAL SPACE. ALL THIS WITHIN WALKING DISTANCE TO ROCKPORT
CENTER, FRONT BEACH, SHOPS, RESTURANTS AND BEARSKIN NECK. ENJOY AN
EVENING OF ENTERTAINMENT AT THE SHALEN LIU PERFORMANCE CENTER A
CULTUAL JEWEL OF CAPE ANN. ALSO, ENOY THE MANY OF ROCKPORTS OUTDOOR
PERFORMANCES DURING THE SUMMER. YOU WILL NOT BE DISAPPOINTED WHEN
YOU VISIT AND VIEW THIS HOME.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$413
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1998
Listed By
Johanna Webster
Coldwell Banker Realty - Andover
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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: 20 days ago (MLSPIN #73541989)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | In contract | - | |
| In contract | |||
| Jul 21, 2026 | Price Decreased |
$950,000
↓ $200K
(17.4%) | |
| Price Decreased | |||
| Jul 8, 2026 | Price Decreased |
$1,150,000
↓ $100K
(8%) | |
| Price Decreased | |||
| Jun 25, 2026 | Listed by Coldwell Banker Realty - Andovers/Readings Regional | $1,250,000 | |
| Listed by Coldwell Banker Realty - Andovers/Readings Regional | |||
| Aug 31, 2007 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Open Parking
Parking Features: Paved, Off Street, Paved
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 3
Interior Features: Closet, Cable Hookup, Bonus Room, Internet Available - Broadband
Appliances: Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vacuum System
Flooring Type: Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Door Features: French Doors, Insulated Doors
Laundry Features: Electric Dryer Hookup, Washer Hookup
Rooms: 10
Has Fireplace
Fireplace Features: Living Room
Fireplaces: 1
Basement: Full, Walk-Out Access, Concrete, Unfinished
Exterior Details
Square Footage: 2300
Architectural Style: Colonial
Year Built Source: Public Records
Year Built: 1998
Waterfront Features: Ocean, Walk to, Beach Ownership(Public)
Building Area Total: 2300
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Stone, Modular
Patio and Porch Features: Deck, Deck - Wood
Lot Features: Wooded
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Water Source: Public
Financial Details
Tax Assessed Value: $850,300
Tax Annual Amount: $7,193
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Central, Baseboard, Oil
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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