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02790
1478-D Drift Rd
$706,500
● House - Off Market

1478-D Drift Rd

Westport, MA 02790
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
924 Ft²
$1,171,456
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

WATERFRONT HOME ON THE EAST BRANCH OF THE WESTPORT RIVER!!  Home can be used as a year round or vacation home. This home also has a separate seasonal studio with bedroom and bath. Home is newly painted, refinished hardwood floors, and a new roof. Outdoor shower and central air. Home is bright with an open floor plan with a view that you will not forget! Home has a large deck overlooking the water. Permit started for a dock. Extra land in the back for extra parking and potential boat shed. Title V passed for a 3 bedroom septic!!
Unit Size
924 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$785
Property Type
House
Property Taxes
$387
HOA Dues
-
Year Built
1940

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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 #72151966)

Price History

Date / Event Date Event Price
May 24, 2017 Sold
Premium
Sold
Apr 24, 2017 Listed by Even Keel Realty, Inc. $725,000
Listed by Even Keel Realty, Inc.

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 4
  • 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: 8
  • Basement Area: 240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,565
  • Total Building Area: 924
  • Gross Building Area: 1,530
  • Building Area: 924
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 924
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000633
  • 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: 7405
  • Parcel: WPOR M:56A L:40
  • Lot: 40
  • Municipality: WESTPORT
  • Latitude: 41.5469
  • Longitude: -71.0647

    Address

  • Full Address: 1478d Drift Rd
  • Address - House Number: 1478d
  • Address - Street Name: Drift
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport
  • Carrier Code: R001
  • 4-Digit Zip Code: 1620
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $686,700

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 79
  • Final Value: 1,060,502
  • High Value: 1,235,970
  • Low Value: 885,033

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $888,400
  • Assessed Land Value: $731,500
  • Assessed Improvements Value: $156,900

    Sales

  • Current Sale Recording Date: May 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11639
  • Previous Sale Recording Date: Apr 05, 2017
  • 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 Westport

Stats & Trends

Median Asking:

$702,450

Sale Price/ft²

$381

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2389 ft²

Average Home Age

60.4 years

Currently For Sale

37 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: 5 months ago
Data Source: MLS PIN, MLS# 72151966

Frequently Asked Questions

When was property at 1478D Drift Road built and last sold?
The property at 1478D Drift Road was built in 1940 and last sold on Jan 1, 1970 for $706,500.
How much is this home worth?
The estimated value of the home located at 1478D Drift Road is $723,647.
What are some comparable homes to 1478D Drift Road?
There are currently no comparable homes to 1478D Drift Road.
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