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Rockport 01966
2 Mount Pleasant Pl
$640,000
● House - Off Market

2 Mount Pleasant Pl

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,144 Ft²
$640,071
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Charming 3 bed 1 ½ bath colonial located just up the road from the center of town and tucked away on a quiet side street with 3 car off-street parking. Packed with improvements including updated kitchen and bathrooms, new windows, fresh interior paint, newer roof, front deck, private backyard patio and shed. Sunny open floor plan with great natural light and peaks of Rockport Harbor! Enjoy the smell of the ocean from the large front deck or private back patio. Located just steps to Rockport's charming shops, restaurants, galleries, the Shalin Liu Performance Center, commuter rail, and beaches make this perfect as a primary residence, second home or investment opportunity for short or long term rentals!
Unit Size
1,144 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$559
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1900

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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 #73102956)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 27, 2023 In contract -
In contract
May 19, 2023 Relisted $639,000
Relisted
May 13, 2023 In contract -
In contract
May 4, 2023 Price Increased $645,000
↑ $6K (0.9%)
Price Increased
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 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: 3,550
  • Total Building Area: 1,144
  • Gross Building Area: 1,380
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000081
  • 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: 2817
  • District: 252
  • Parcel: ROCK M:22 B:230
  • Block: 230
  • Lot: 230
  • Municipality: ROCKPORT
  • Latitude: 42.6564
  • Longitude: -70.6126

    Address

  • Full Address: 2 Mount Pleasant Pl
  • Address - House Number: 2
  • Address - Street Name: Mount Pleasant
  • Address - Suffix Type: Pl
  • State: MA
  • City Name: Rockport
  • Carrier Code: C004
  • 4-Digit Zip Code: 1724
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $505,300

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 653,077
  • High Value: 767,499
  • Low Value: 538,655

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $600,100
  • Assessed Land Value: $373,900
  • Assessed Improvements Value: $226,200

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20230630003990
  • Previous Sale Recording Date: Jan 15, 2016
  • Previous Sale Amount: $314,000
  • Previous Sale Document Type: O

    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:

$799,000

Sale Price/ft²

$578

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2095 ft²

Average Home Age

164 years

Currently For Sale

13 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73102956

Frequently Asked Questions

When was property at 2 Mt Pleasant Place built and last sold?
The property at 2 Mt Pleasant Place was built in 1900 and last sold on Jun 30, 2023 for $640,000.
How much is this home worth?
The estimated value of the home located at 2 Mt Pleasant Place is $635,870.
What are some comparable homes to 2 Mt Pleasant Place?
There are currently no comparable homes to 2 Mt Pleasant Place.
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