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North Westport 02790
16 Pine Tree Ave
$399,000
● House - Off Market

16 Pine Tree Ave

Westport, MA 02790
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,240 Ft²
$382,599
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to 16 Pine Tree Ave - A well maintained ranch with a one car garage with storage.  Nice level lot.  Home at one time was a three bedrooms but now is used as a two bedroom. Home has a eat in kitchen, large living room with wood burning fireplace open to the dining room area.  Plus there is a bonus room at the end of the hall that can be used as a private offie or converted to a laundry room. Downstairs has a great bar and entertaining area that brings you back in time.  Rest of basement has storage.  Roof is approx 8 years old.
Unit Size
1,240 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$310
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1955

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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 #73118547)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Jun 30, 2023 In contract -
In contract
May 31, 2023 Listed by Even Keel Realty, Inc. $385,000
Listed by Even Keel Realty, Inc.

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,240
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,500
  • Total Building Area: 1,240
  • Gross Building Area: 3,048
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000287
  • 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: 646101

Zoning

  • Zoning: R1

Geography

  • Account Number: 654
  • Parcel: WPOR M:8 L:110-114
  • Lot: 110-114
  • Municipality: WESTPORT
  • Latitude: 41.6561
  • Longitude: -71.074

    Address

  • Full Address: 16 Pine Tree Ave
  • Address - House Number: 16
  • Address - Street Name: Pine Tree
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Westport
  • Carrier Code: R010
  • 4-Digit Zip Code: 2816
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $253,300
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 412,446
  • High Value: 493,296
  • Low Value: 331,597

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $327,700
  • Assessed Land Value: $134,100
  • Assessed Improvements Value: $193,600

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16302
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:

$600,000

Sale Price/ft²

$359

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1696 ft²

Average Home Age

74.5 years

Currently For Sale

8 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: 4 months ago
Data Source: MLS PIN, MLS# 73118547

Frequently Asked Questions

When was property at 16 Pine Tree Avenue built and last sold?
The property at 16 Pine Tree Avenue was built in 1955 and last sold on Sep 15, 2023 for $399,000.
How much is this home worth?
The estimated value of the home located at 16 Pine Tree Avenue is $405,638.
What are some comparable homes to 16 Pine Tree Avenue?
There are currently no comparable homes to 16 Pine Tree Avenue.
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