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Essex 01966
3 Highland Road
$285,000
● House - Off Market

3 Highland Road

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$942,729
RealtyHop Estimate
214.35%
Since Oct 1, 1999
National-US
Primary Model

About This Property

PRIVATE, WOODED 1.5A W/POND & BABBLING BROOK. FIREPLACED LIVING ROOM, WONDERFUL FAMILY ROOM-DETACHED 2 CAR GARAGE W/FINISHED LOFT-WORKSPACE-GREAT FOR HOME OFFICE, HORSES, ABUTS WOODLANDS AND TRAILS-BEAUTIFUL NATURAL SETTING.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$187
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
2022

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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 #30307988)

Price History

Date / Event Date Event Price
Sep 30, 1999 Sold
Premium
Sold
Apr 7, 1999 Listed $299,900
Listed

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • 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: 16,701
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,152
  • Gross Building Area: 2,304
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000383
  • 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: 60
  • District: 252
  • Parcel: ROCK M:2 B:2A
  • Block: 2A
  • Municipality: ROCKPORT
  • Latitude: 42.679
  • Longitude: -70.6353

    Address

  • Full Address: 3 Highland Rd
  • Address - House Number: 3
  • Address - Street Name: Highland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C001
  • 4-Digit Zip Code: 1216
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $550,200

    Appraisal Valuation

  • Standard Deviation: 0.1254
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 86
  • Final Value: 573,962
  • High Value: 645,953
  • Low Value: 501,972

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $653,500
  • Assessed Land Value: $225,200
  • Assessed Improvements Value: $428,300
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

2520 ft²

Average Home Age

73.7 years

Currently For Sale

1438 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: 4 years ago
Data Source: MLS PIN, MLS# 30307988

Frequently Asked Questions

When was property at 3 Highland Road built and last sold?
The property at 3 Highland Road was built in 2022 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Highland Road is $0.
What are some comparable homes to 3 Highland Road?
There are currently no comparable homes to 3 Highland Road.
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