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Rockport 01966
2 Marbee Rd
$700,000
● House - Off Market

2 Marbee Rd

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$1,062,263
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Prime location just steps from Old Garden Beach and Rockport's historic and cultural district including Rockport Harbor and Bearskin Neck! Bright and airy contemporary home offers a wood burning, bluestone fireplace in living room, 3 bedrooms, 2 full baths, large screened porch and open deck.  Vaulted ceilings with skylights throughout. Laundry room off kitchen. Convenient one level living! Separate garage with storage loft, separate art studio plus garden shed. 30 yr architectural grade roof just 8 yrs old! Highly desirable neighborhood and priced for a quick sale!!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$518
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1979

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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 #72418373)

Price History

Date / Event Date Event Price
Jan 30, 2019 Sold
Premium
Sold
Nov 1, 2018 Listed by RE/MAX At The Coast $699,000
Listed by RE/MAX At The Coast
Aug 29, 1996 Sold
Premium
Sold
Jul 22, 1996 Listed by RE/MAX At The Coast $219,000
Listed by RE/MAX At The Coast

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • 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: 17,498
  • Total Building Area: 1,350
  • Gross Building Area: 1,991
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000402
  • 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: R3

Geography

  • Account Number: 2836
  • District: 252
  • Parcel: ROCK M:22 B:240B
  • Block: 240B
  • Lot: 240B
  • Municipality: ROCKPORT
  • Latitude: 42.6569
  • Longitude: -70.6112

    Address

  • Full Address: 2 Marbee Rd
  • Address - House Number: 2
  • Address - Street Name: Marbee
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1743
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $655,400

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 844,155
  • High Value: 991,070
  • Low Value: 697,240

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $778,400
  • Assessed Land Value: $384,400
  • Assessed Improvements Value: $394,000

    Sales

  • Current Sale Contract Date: Jan 30, 2019
  • Current Sale Recording Date: Jan 30, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20190130002770
  • Previous Sale Recording Date: Aug 29, 1996
  • Previous Sale Amount: $209,100
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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:

$798,500

Sale Price/ft²

$576

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1980 ft²

Average Home Age

127.8 years

Currently For Sale

16 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# 72418373

Frequently Asked Questions

When was property at 2 Marbee Road built and last sold?
The property at 2 Marbee Road was built in 1979 and last sold on Jan 30, 2019 for $700,000.
How much is this home worth?
The estimated value of the home located at 2 Marbee Road is $705,130.
What are some comparable homes to 2 Marbee Road?
There are currently no comparable homes to 2 Marbee Road.
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