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Rockport 01966
3 Prospect Street
$579,000
● House - Off Market

3 Prospect Street

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,400 Ft²
$1,246,469
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

QUALITY NEW CONSTRUCTION - 3 BR CAPE WITH ATTACHED GARAGE - SUPER LOCATION - WALKING DISTANCE TO TOWN (HARBOR, SHOPS, BEACH, NEW PERFORMANCE CENTER.  ONE FLOOR LIVING IF DESIRED - MASTER ON FIRST
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

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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 #71426561)

Price History

Date / Event Date Event Price
Dec 12, 2012 Sold
Premium
Sold
Aug 23, 2012 Listed by J. Barrett & Company $579,000
Listed by J. Barrett & Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 1,260
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,514
  • Total Building Area: 2,616
  • Gross Building Area: 4,706
  • Building Area: 2,616
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,616
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KENNETH F MACDOWELL
  • Land Acres: 0000000218
  • 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: R3

Geography

  • Account Number: 2605
  • District: 252
  • Parcel: ROCK M:22 B:47
  • Block: 47
  • Lot: 47
  • Municipality: ROCKPORT
  • Latitude: 42.6544
  • Longitude: -70.6122

    Address

  • Full Address: 3 Prospect St
  • Address - House Number: 3
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rockport
  • Carrier Code: C004
  • 4-Digit Zip Code: 2131
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $813,000

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,096,086
  • High Value: 1,269,217
  • Low Value: 922,954

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $965,500
  • Assessed Land Value: $312,800
  • Assessed Improvements Value: $652,700

    Sales

  • Current Sale Recording Date: Jan 12, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 238
  • Previous Sale Recording Date: Dec 12, 2012
  • Previous Sale Amount: $165,000
  • 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71426561

Frequently Asked Questions

When was property at 3 Prospect Street built and last sold?
The property at 3 Prospect Street was built in 2013 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Prospect Street is $598,933.
What are some comparable homes to 3 Prospect Street?
There are currently no comparable homes to 3 Prospect Street.
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