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Essex 01966
20 Mckay's Drive
$401,000
● House - Off Market

20 Mckay's Drive

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Ft²
$559,115
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

This is a rare opportunity to settle into this charming neighborhood in beautiful and historic Rockport.  Located at the very end of the cul-de-sac, this home has seasonal views of the Atlantic Ocean, with possibilities of making that view year round.  This 2 bedroom, 1 bath home, with plenty of room for expansion, is on town sewer and town water.  Located more or less than a mile from the beaches, restaurants, shops, commuter rail station, and the Shalin Liu Performance Center.  You are near it all, yet tucked away from the bustle.  Come see for yourself, all this home has to offer.
Unit Size
960 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$395
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1977

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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: 6 months ago (MLSPIN #72475415)

Price History

Date / Event Date Event Price
May 17, 2019 Sold
Premium
Sold
Apr 3, 2019 Listed by J. Barrett & Company $379,000
Listed by J. Barrett & Company
Nov 6, 1997 Sold
Premium
Sold
May 13, 1997 Listed by J. Barrett & Company $155,000
Listed by J. Barrett & Company

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,469
  • Total Building Area: 960
  • Gross Building Area: 2,128
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKPORT
  • Land Acres: 0000000263
  • 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: 220102

Zoning

  • Zoning: R3

Geography

  • Account Number: 913
  • District: 252
  • Parcel: ROCK M:11 B:52P
  • Block: 52P
  • Lot: 52P
  • Municipality: ROCKPORT
  • Latitude: 42.6576
  • Longitude: -70.6283

    Address

  • Full Address: 20 Mckays Dr
  • Address - House Number: 20
  • Address - Street Name: Mckays
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Rockport
  • Carrier Code: C007
  • 4-Digit Zip Code: 1404
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $471,600

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 591,169
  • High Value: 700,562
  • Low Value: 481,776

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $560,100
  • Assessed Land Value: $303,900
  • Assessed Improvements Value: $256,200

    Sales

  • Current Sale Contract Date: May 17, 2019
  • Current Sale Recording Date: May 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 54
  • Current Sale Input Document Number: 20190517003700
  • Previous Sale Recording Date: Nov 06, 1997
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 27
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 Essex

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2499 ft²

Average Home Age

73.4 years

Currently For Sale

1386 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: 6 months ago
Data Source: MLS PIN, MLS# 72475415

Frequently Asked Questions

When was property at 20 McKay's Drive built and last sold?
The property at 20 McKay's Drive was built in 1977 and last sold on May 17, 2019 for $401,000.
How much is this home worth?
The estimated value of the home located at 20 McKay's Drive is $373,545.
What are some comparable homes to 20 McKay's Drive?
There are currently no comparable homes to 20 McKay's Drive.
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