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North Westport 02790
1193 State Rd
$285,000
● House - Off Market

1193 State Rd

Westport, MA 02790
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,034 Ft²
$483,905
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Great Opportunity! Large FIVE bedroom Colonial located in North Westport. Property comes with plenty of parking including a 3 car GARAGE. Nice and big living room with enclosed sun room perfect for a large or growing family. This property is located in a commercial zone but is currently being used as a residential property. Current owner operates a small lawnmower repair business. Endless possibilities to live and work in a very good Westport location.
Unit Size
2,034 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$172
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1890

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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: 4 months ago (MLSPIN #72635750)

Price History

Date / Event Date Event Price
Jul 16, 2020 Sold
Premium
Sold
Mar 18, 2020 Listed by Dan Quintal Real Estate $349,000
Listed by Dan Quintal Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,344
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,760
  • Total Building Area: 2,034
  • Gross Building Area: 4,286
  • Building Area: 2,034
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,034
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000614
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646101

Zoning

  • Zoning: R1

Geography

  • Account Number: 2429
  • Parcel: WPOR M:28 L:23
  • Lot: 23
  • Municipality: WESTPORT
  • Latitude: 41.6402
  • Longitude: -71.0497

    Address

  • Full Address: 1193 State Rd
  • Address - House Number: 1193
  • Address - Street Name: State
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport
  • Carrier Code: R005
  • 4-Digit Zip Code: 2225
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $479,700

    Appraisal Valuation

  • Standard Deviation: 0.165
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 66
  • Final Value: 626,192
  • High Value: 729,539
  • Low Value: 522,844

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $620,600
  • Assessed Land Value: $126,100
  • Assessed Improvements Value: $494,500

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16274
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 North Westport

Stats & Trends

Median Asking:

$599,900

Sale Price/ft²

$361

Below Asking

0.02%

Average Days on Market

77

Average Home Size

1609 ft²

Average Home Age

74.7 years

Currently For Sale

6 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# 72635750

Frequently Asked Questions

When was property at 1193 State Road built and last sold?
The property at 1193 State Road was built in 1890 and last sold on Jul 15, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 1193 State Road is $347,434.
What are some comparable homes to 1193 State Road?
There are currently no comparable homes to 1193 State Road.
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