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Rockport 01966
24 Marmion Way
$910,000
● House - Off Market

24 Marmion Way

Rockport, MA 01966
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,016 Ft²
$1,347,542
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Enjoy living in the South End of Rockport!  Wonderful location on Marmion Way with ocean views and a short stroll to Old Garden Beach, Downtown, and Golf Course.This turn key stately Gambrel style home with wrap around porch has been meticulously renovated blending lovely period details with modern amenities for today's current life style.  Everything has been done so enjoy your new home by the Sea.
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$418
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1910

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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: 6 months ago (MLSPIN #72184910)

Price History

Date / Event Date Event Price
Jul 21, 2017 Sold
Premium
Sold
Jun 19, 2017 Listed by RE/MAX Advantage Real Estate $843,000
Listed by RE/MAX Advantage Real Estate
Apr 22, 2013 Sold
Premium
Sold
Nov 6, 2012 Listed by RE/MAX Advantage Real Estate $599,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,116
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,621
  • Total Building Area: 2,016
  • Gross Building Area: 4,178
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • 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: 3522
  • District: 252
  • Parcel: ROCK M:26 B:121
  • Block: 121
  • Lot: 121
  • Municipality: ROCKPORT
  • Latitude: 42.6575
  • Longitude: -70.6026

    Address

  • Full Address: 24 Marmion Way
  • Address - House Number: 24
  • Address - Street Name: Marmion
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rockport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1819
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $811,500

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,045,041
  • High Value: 1,226,917
  • Low Value: 863,164

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $963,800
  • Assessed Land Value: $454,300
  • Assessed Improvements Value: $509,500

    Sales

  • Current Sale Recording Date: Jul 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 263
  • Previous Sale Recording Date: Apr 22, 2013
  • Previous Sale Amount: $570,000
  • Previous Sale Document Type: O
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:

$815,000

Sale Price/ft²

$588

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2075 ft²

Average Home Age

142.1 years

Currently For Sale

17 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# 72184910

Frequently Asked Questions

When was property at 24 Marmion Way built and last sold?
The property at 24 Marmion Way was built in 1910 and last sold on Jan 1, 1970 for $910,000.
How much is this home worth?
The estimated value of the home located at 24 Marmion Way is $861,896.
What are some comparable homes to 24 Marmion Way?
There are currently no comparable homes to 24 Marmion Way.
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