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Bristol 02790
2040 Main Road
$925,000
● House - Off Market

2040 Main Road

Westport, MA 02791
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$1,017,970
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

WATERFRONT at HISTORIC WESTPORT POINT  Welcome to 2040 Main Road. This quintessential antique seaside cottage offers easterly views of the inner harbor, Fontaine Bridge, and the river beyond. The interior surprises with comfortably sized rooms which includes an eat-in kitchen, pantry, living room, two bedrooms, and full bath on the first level while two spacious bedrooms are located on the second floor. The property has its own boat launch area. Dock options. The property has not been used for several years. Due to its reasonable size and good floor plan, this is a perfect restoration project; one which will provide that longed for get away or waterfront access with family overflow. Opportunity awaits. Property being sold " as is ".
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$864
Property Type
House
Property Taxes
$676
HOA Dues
-
Year Built
1972

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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 #72983791)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Residential Properties Ltd. $995,000
Listed by Residential Properties Ltd.

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 27
  • 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: 7
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,199
  • Total Building Area: 1,152
  • Gross Building Area: 1,920
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 18
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646104

Zoning

  • Zoning: NATION

Geography

  • Account Number: 4478
  • Parcel: WPOR M:58 L:11
  • Lot: 11
  • Municipality: WESTPORT
  • Latitude: 41.5176
  • Longitude: -71.0715

    Address

  • Full Address: 2040 Main Rd
  • Address - House Number: 2040
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport Point
  • Zip Code: 02791

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $792,200

    Appraisal Valuation

  • Standard Deviation: 0.1906
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,095,999
  • High Value: 1,267,869
  • Low Value: 924,129

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,024,800
  • Assessed Land Value: $901,800
  • Assessed Improvements Value: $123,000

    Sales

  • Current Sale Contract Date: Jul 05, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 16156
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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2255 ft²

Average Home Age

69.6 years

Currently For Sale

1151 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72983791

Frequently Asked Questions

When was property at 2040 Main Road built and last sold?
The property at 2040 Main Road was built in 1972 and last sold on Jul 5, 2022 for $925,000.
How much is this home worth?
The estimated value of the home located at 2040 Main Road is $966,726.
What are some comparable homes to 2040 Main Road?
There are currently no comparable homes to 2040 Main Road.
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