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Rockport 01966
4 Ridgewood Rd
$450,000
● House - Off Market

4 Ridgewood Rd

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,037 Ft²
$616,382
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Peaceful get-a-way near Cape Hedge and Long Beach! Cape style home with potential to expand offers attached garage, screened breezeway/porch, spacious living room and dining area with hardwood floors, first floor bedroom , large 2nd floor bedroom. New roof in 2016 and newer furnace, hot water and electrical. Quiet end street and seasonal ocean views.
Unit Size
1,037 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$434
Property Type
House
Property Taxes
$318
HOA Dues
-
Year Built
1955

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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 #72687588)

Price History

Date / Event Date Event Price
Nov 24, 2020 Sold
Premium
Sold
Aug 19, 2020 Sold
Premium
Sold
Jul 8, 2020 Listed by Churchill Properties $450,000
Listed by Churchill Properties

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 192
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,406
  • Total Building Area: 998
  • Gross Building Area: 2,352
  • Building Area: 998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000239
  • 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: RA

Geography

  • Account Number: 3147
  • District: 252
  • Parcel: ROCK M:24 B:50
  • Block: 50
  • Lot: 50
  • Municipality: ROCKPORT
  • Latitude: 42.6372
  • Longitude: -70.6088

    Address

  • Full Address: 4 Ridgewood Rd
  • Address - House Number: 4
  • Address - Street Name: Ridgewood
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C005
  • 4-Digit Zip Code: 2207
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $379,900

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 548,020
  • High Value: 638,952
  • Low Value: 457,089

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,200
  • Assessed Land Value: $244,600
  • Assessed Improvements Value: $206,600

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20201124006720
  • Previous Sale Recording Date: Aug 19, 2020
  • Previous Sale Contract Date: Jul 14, 2020
  • Previous Sale Amount: $450,000
  • 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:

$799,450

Sale Price/ft²

$581

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2131 ft²

Average Home Age

134.8 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: 5 months ago
Data Source: MLS PIN, MLS# 72687588

Frequently Asked Questions

When was property at 4 Ridgewood Road built and last sold?
The property at 4 Ridgewood Road was built in 1955 and last sold on Nov 24, 2020 for $460,000.
How much is this home worth?
The estimated value of the home located at 4 Ridgewood Road is $458,802.
What are some comparable homes to 4 Ridgewood Road?
There are currently no comparable homes to 4 Ridgewood Road.
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