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Rockport 01966
2 - 4 Willow Lane
$327,500
● House - Off Market

2 - 4 Willow Lane

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,488 Ft²
$706,312
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Watch the parades, enjoy the beaches, browse the art galleries, or just relax by the ocean...all minutes away from this multi level home with a separate lower level "in law" apartment; near Town Center, the shops, and train. And the newly condoed land which this home sits on offers the opportunity for outdoor enjoyment as well. If you want to live in town, have private space for family, or possible income, this is a property worth seeing...  Assessment, and taxes set by the town after the sale.
Unit Size
1,488 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

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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: 4 years ago (MLSPIN #71295362)

Price History

Date / Event Date Event Price
Jul 13, 2012 Sold
Premium
Sold
Oct 3, 2011 Listed by Coldwell Banker Realty - Gloucester $329,000
Listed by Coldwell Banker Realty - Gloucester

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • 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: 0
  • Total Building Area: 396
  • Gross Building Area: 443
  • Building Area: 396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 396
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1004
  • County Land Use Code: 102

Neighborhood

  • School District Name: Rockport School District
  • School Tax School District: ROCKPORT SD
  • Census Tract: 220101

Geography

  • Account Number: 102440
  • District: 252
  • Parcel: ROCK M:22 B:2 L:82
  • Block: 2
  • Lot: 82
  • Municipality: ROCKPORT
  • Latitude: 42.656
  • Longitude: -70.6145

    Address

  • Full Address: 2 Willow Ln
  • Address - House Number: 2
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rockport
  • Carrier Code: C004
  • 4-Digit Zip Code: 2162
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $235,800

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 355,229
  • High Value: 399,785
  • Low Value: 310,674

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $280,000
  • Assessed Improvements Value: $280,000
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

55

Average Home Size

1937 ft²

Average Home Age

131.4 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 years ago
Data Source: MLS PIN, MLS# 71295362

Frequently Asked Questions

When was property at 2 Willow Lane built and last sold?
The property at 2 Willow Lane was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Willow Lane is $362,296.
What are some comparable homes to 2 Willow Lane?
There are currently no comparable homes to 2 Willow Lane.
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