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Rockport 01966
2 Briny Way
$420,000
● House - Off Market

2 Briny Way

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$770,182
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Charming South End home with seasonal views of the Atlantic Ocean. A short walk over a wooden foot bridge welcomes you to Cape Ann's acclaimed Long Beach. Venture a little further and explore Good Harbor and Cape Hedge Beach. Take a scenic ride to charming down town Rockport or visit Gloucester for the many renowned restaurants and attractions.  This clean, well-cared for home offers 3 bedrooms, 2 bathrooms, newer dual heating system and roof.  Enjoy this lovely home and the soundings year round or for a relaxing summer retreat.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$280
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1976

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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 #71817593)

Price History

Date / Event Date Event Price
May 29, 2015 Sold
Premium
Sold
Apr 15, 2015 Listed by By The Sea Sotheby's International Realty $430,000
Listed by By The Sea Sotheby's International Realty
Jun 5, 2010 Listed $550,000
Listed
Outstanding location only steps to Long Beach. This home has a versatile floor plan with room for guests or extended family. The current owner has maintained the home for 31 years, updating the heating with a Weil Mclain "gold" boiler last year and new architectural grade roof this year. The living room and Master bedroom enjoy sesonal ocean views, bright & sunny with brick fireplace and refinished Oak floors. The lower level has a summer kitchen, family room, full bath, bedroom & workshop.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,044
  • Total Building Area: 996
  • Gross Building Area: 2,076
  • Building Area: 996
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 996
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000276
  • 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: RA

Geography

  • Account Number: 3109
  • District: 252
  • Parcel: ROCK M:24 B:12A
  • Block: 12A
  • Lot: 12A
  • Municipality: ROCKPORT
  • Latitude: 42.6353
  • Longitude: -70.6125

    Address

  • Full Address: 2 Briny Way
  • Address - House Number: 2
  • Address - Street Name: Briny
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rockport
  • Carrier Code: C005
  • 4-Digit Zip Code: 2266
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $527,300

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 731,738
  • High Value: 848,471
  • Low Value: 615,005

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $626,200
  • Assessed Land Value: $345,800
  • Assessed Improvements Value: $280,400

    Sales

  • Current Sale Recording Date: May 29, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 600
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

$574

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2082 ft²

Average Home Age

125.4 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71817593

Frequently Asked Questions

When was property at 2 Briny Way built and last sold?
The property at 2 Briny Way was built in 1976 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 2 Briny Way is $458,078.
What are some comparable homes to 2 Briny Way?
There are currently no comparable homes to 2 Briny Way.
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