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Rockport 01966
12 Union Lane
Photo of 12 Union Lane
Sold on Sep 7, 2005

1

Map

$410,000
● House - Off Market

12 Union Lane

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
1 Bath, 2 Half Baths
square feet
1,824 Ft²
$780,368
RealtyHop Estimate
73.80%
Since Oct 1, 2005
National-US
Primary Model

About This Property

Charming antique colonial with sizable addition at end of private lane overlooking Mill Pond.  The living room has cathedrals and balcony and loft. There is a walk up attic and back staircase. Bank has license to sell. Property sold as is.
Unit Size
1,824 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$246
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1850

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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 #70204533)

Price History

Date / Event Date Event Price
Jan 29, 2021 Sold
Premium
Sold
Sep 8, 2005 Sold
Premium
Sold
Jun 6, 2005 Listed $449,000
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 532
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,402
  • Total Building Area: 1,946
  • Gross Building Area: 3,079
  • Building Area: 1,946
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,946
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JULIA E PECK
  • Land Acres: 0000000078
  • 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: 2041
  • District: 252
  • Parcel: ROCK M:18 B:361
  • Block: 361
  • Lot: 361
  • Municipality: ROCKPORT
  • Latitude: 42.658
  • Longitude: -70.6229

    Address

  • Full Address: 12 Union Ln
  • Address - House Number: 12
  • Address - Street Name: Union
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rockport
  • Carrier Code: C007
  • 4-Digit Zip Code: 1544
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $613,100

    Appraisal Valuation

  • Standard Deviation: 0.216
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 750,946
  • High Value: 913,256
  • Low Value: 588,636

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $728,100
  • Assessed Land Value: $339,900
  • Assessed Improvements Value: $388,200

    Sales

  • Current Sale Contract Date: Jan 28, 2021
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210129009520
  • Previous Sale Recording Date: Sep 08, 2005
  • Previous Sale Amount: $410,000
  • 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

$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# 70204533

Frequently Asked Questions

When was property at 12 Union Lane built and last sold?
The property at 12 Union Lane was built in 1850 and last sold on Jan 28, 2021 for $536,900.
How much is this home worth?
The estimated value of the home located at 12 Union Lane is $486,071.
What are some comparable homes to 12 Union Lane?
There are currently no comparable homes to 12 Union Lane.
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