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Rockport 01966
11 White Way
$488,000
● House - Off Market

11 White Way

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
2 Baths
square feet
875 Ft²
$507,539
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Rockport – Walk out of your front door and see Back beach and short walk to beaches,town and train. This two bedroom plus seasonal bedroom, two bathroom ranch style cottage located on a quiet cul-de-sac is equipped for year round living or ideal for a summer retreat or great rental property. Being sold fully furnished (turnkey).  One floor living and steps to all Rockport has to offer!
Unit Size
875 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$558
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1957

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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: 5 months ago (MLSPIN #73030927)

Price History

Date / Event Date Event Price
Sep 26, 2022 Sold
Premium
Sold
Aug 31, 2022 Listed by Olson Real Estate $488,000
Listed by Olson Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • 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: 5,049
  • Total Building Area: 875
  • Gross Building Area: 1,085
  • Building Area: 875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 14
  • Heated Square Feet: 875
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000116
  • 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: R3

Geography

  • Account Number: 1891
  • District: 252
  • Parcel: ROCK M:18 B:229
  • Block: 229
  • Lot: 229
  • Municipality: ROCKPORT
  • Latitude: 42.6601
  • Longitude: -70.6251

    Address

  • Full Address: 11 White Way
  • Address - House Number: 11
  • Address - Street Name: White
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rockport
  • Carrier Code: C007
  • 4-Digit Zip Code: 1332
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $386,400

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 538,548
  • High Value: 632,020
  • Low Value: 445,075

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $458,900
  • Assessed Land Value: $310,000
  • Assessed Improvements Value: $148,900

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Sep 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20220926001070
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

$578

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2065 ft²

Average Home Age

156.6 years

Currently For Sale

15 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73030927

Frequently Asked Questions

When was property at 11 White Way built and last sold?
The property at 11 White Way was built in 1957 and last sold on Sep 26, 2022 for $488,000.
How much is this home worth?
The estimated value of the home located at 11 White Way is $494,820.
What are some comparable homes to 11 White Way?
There are currently no comparable homes to 11 White Way.
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