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Rockport 01966
16 Marmion Way
$440,000
● House - Off Market

16 Marmion Way

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
1 Bath
square feet
999 Ft²
$1,009,868
RealtyHop Estimate
117.18%
Since Feb 1, 2010
National-US
Primary Model

About This Property

Charming vintage Victorian cottage located in one of Rockport's most beautiful, established and coveted neighborhoods. This home has mature landscaping and is nestled against a quiet country lane with rustic stone walls and open meadows. Completely restored in 1995. Detached garage with 20x9 insulated/electrified heated studio. Generator. Walk to ocean, beach, shops, galleries and restaurants. Potential to expand with plans/drawings.
Unit Size
999 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$465
Property Type
House
Property Taxes
$255
HOA Dues
-
Year Built
1880

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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: 6 months ago (MLSPIN #70917206)

Price History

Date / Event Date Event Price
Jan 22, 2010 Sold
Premium
Sold
Apr 29, 2009 Listed by J. Barrett & Company $465,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 27
  • 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: 1,630
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,698
  • Total Building Area: 2,407
  • Gross Building Area: 4,642
  • Building Area: 2,407
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,407
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000246
  • 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: R1

Geography

  • Account Number: 3509
  • District: 252
  • Parcel: ROCK M:26 B:112
  • Block: 112
  • Lot: 112
  • Municipality: ROCKPORT
  • Latitude: 42.6564
  • Longitude: -70.6037

    Address

  • Full Address: 16 Marmion Way
  • Address - House Number: 16
  • Address - Street Name: Marmion
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rockport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1808
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $834,700

    Appraisal Valuation

  • Standard Deviation: 0.2154
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 856,100
  • High Value: 1,040,630
  • Low Value: 671,571

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $991,300
  • Assessed Land Value: $434,900
  • Assessed Improvements Value: $556,400

    Sales

  • Current Sale Recording Date: Aug 29, 2013
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 22, 2010
  • Previous Sale Amount: $440,000
  • 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:

$815,000

Sale Price/ft²

$588

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2075 ft²

Average Home Age

142.1 years

Currently For Sale

17 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: 6 months ago
Data Source: MLS PIN, MLS# 70917206

Frequently Asked Questions

When was property at 16 Marmion Way built and last sold?
The property at 16 Marmion Way was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Marmion Way is $475,194.
What are some comparable homes to 16 Marmion Way?
There are currently no comparable homes to 16 Marmion Way.
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