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Rockport 01966
21 Penryn Way
$427,500
● House - Off Market

21 Penryn Way

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,452 Ft²
$1,356,111
RealtyHop Estimate
208.91%
Since Feb 1, 2000
National-US
Primary Model

About This Property

WONDERFUL LOCATION - SOUTH END - SEASONAL & YEAR ROUND VIEWS LARGE LOT - 2 BEDROOM - SMALL BUT BRIGHT & LARGE CATHEDRAL LIVING AREA - LIGHT - TASTEFUL - WOOD FLOORS - GREAT DECKS
Unit Size
1,452 Ft²
Days on Market
-
Land Size
1.18 acres
Price per sqft
$302
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1925

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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 years ago (MLSPIN #30364944)

Price History

Date / Event Date Event Price
Jan 31, 2000 Sold
Premium
Sold
Oct 26, 1999 Listed $439,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 51,401
  • Total Building Area: 1,578
  • Gross Building Area: 2,396
  • Building Area: 1,578
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,578
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001180
  • 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: R1

Geography

  • Account Number: 3992
  • District: 252
  • Parcel: ROCK M:32 B:28A
  • Block: 28A
  • Lot: 28A
  • Municipality: ROCKPORT
  • Latitude: 42.6385
  • Longitude: -70.5987

    Address

  • Full Address: 21 Penryn Way
  • Address - House Number: 21
  • Address - Street Name: Penryn
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rockport
  • Carrier Code: C005
  • 4-Digit Zip Code: 2318
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $742,900

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 985,970
  • High Value: 1,136,964
  • Low Value: 834,977

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $882,300
  • Assessed Land Value: $511,800
  • Assessed Improvements Value: $370,500
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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30364944

Frequently Asked Questions

When was property at 21 Penryn Way built and last sold?
The property at 21 Penryn Way was built in 1925 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 21 Penryn Way is $465,171.
What are some comparable homes to 21 Penryn Way?
There are currently no comparable homes to 21 Penryn Way.
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