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Bristol 02790
1306 Drift Rd
$855,000
● House - Off Market

1306 Drift Rd

Westport, MA 02790
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,004 Ft²
$1,553,883
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Waterfront! Delightful contemporary cottage (1985) ideally situated on 3.1 idyllic acres with 175 feet of frontage on the East Branch of the Westport River.  Sunny open layout, beamed cathedral ceilings, skylights, built-ins, and a working brick fireplace.  Sliding glass doors open to a large brick patio overlooking the expansive sloping lawn down to the river's edge.  Mature plantings all around give a wonderful sense of peace and privacy.  Detached 2 car garage and a separate storage shed.  Dock permit in process.  A fabulous river for kayaking, paddle boarding, fishing, and swimming. Minutes to the town beach, marinas, and restaurants all nearby!
Unit Size
2,004 Ft²
Days on Market
-
Land Size
3.10 acres
Price per sqft
$437
Property Type
House
Property Taxes
$698
HOA Dues
-
Year Built
1985

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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 #71815857)

Price History

Date / Event Date Event Price
Oct 20, 2017 Sold
Premium
Sold
Jul 7, 2015 Sold
Premium
Sold
Apr 12, 2015 Listed by Residential Properties Ltd $875,000
Listed by Residential Properties Ltd

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 135,036
  • Total Building Area: 1,860
  • Gross Building Area: 2,176
  • Building Area: 1,860
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003100
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646104

Zoning

  • Zoning: R1

Geography

  • Account Number: 7486
  • Parcel: WPOR M:56A L:109A
  • Lot: 109A
  • Municipality: WESTPORT
  • Latitude: 41.5566
  • Longitude: -71.0707

    Address

  • Full Address: 1306 Drift Rd
  • Address - House Number: 1306
  • Address - Street Name: Drift
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport
  • Carrier Code: R001
  • 4-Digit Zip Code: 1628
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $978,200

    Appraisal Valuation

  • Standard Deviation: 0.2068
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 1,647,021
  • High Value: 1,987,764
  • Low Value: 1,306,277

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,265,400
  • Assessed Land Value: $908,600
  • Assessed Improvements Value: $356,800

    Sales

  • Current Sale Recording Date: Oct 20, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25783
  • Previous Sale Recording Date: Jul 07, 2015
  • Previous Sale Amount: $855,000
  • Previous Sale Document Type: O
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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2315 ft²

Average Home Age

71.5 years

Currently For Sale

1116 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# 71815857

Frequently Asked Questions

When was property at 1306 Drift Road built and last sold?
The property at 1306 Drift Road was built in 1985 and last sold on Jan 1, 1970 for $1,050,000.
How much is this home worth?
The estimated value of the home located at 1306 Drift Road is $870,977.
What are some comparable homes to 1306 Drift Road?
There are currently no comparable homes to 1306 Drift Road.
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