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Rockport 01966
4 Wharf Road
$797,000
● House - Off Market

4 Wharf Road

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,409 Ft²
$1,254,056
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Rockport - Panoramic views of Sandy Bay & Town from this totally renovated 3 BR, 2 1/2 Bath Colonial. Just move right in and enjoy the summer perched high above Granite Pier. Beautifully landscaped grounds & patio for outdoor living with a million dollar view! Walking distance to town, beaches & quarries. Priced to sell!
Unit Size
1,409 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$588
Property Type
House
Property Taxes
$547
HOA Dues
-
Year Built
1870

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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 #72333163)

Price History

Date / Event Date Event Price
Aug 1, 2018 Sold
Premium
Sold
May 24, 2018 Listed by Olson Real Estate $829,000
Listed by Olson Real Estate
May 29, 2013 Sold
Premium
Sold
Nov 21, 2012 Sold
Premium
Sold
Jun 8, 2012 Listed by Olson Real Estate $575,000
Listed by Olson Real Estate

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 6,242
  • Total Building Area: 1,409
  • Gross Building Area: 2,680
  • Building Area: 1,409
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,409
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • 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: RA

Geography

  • Account Number: 1546
  • District: 252
  • Parcel: ROCK M:17 B:26
  • Block: 26
  • Lot: 26
  • Municipality: ROCKPORT
  • Latitude: 42.6675
  • Longitude: -70.6242

    Address

  • Full Address: 4 Wharf Rd
  • Address - House Number: 4
  • Address - Street Name: Wharf
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C001
  • 4-Digit Zip Code: 1334
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $930,600

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 933,301
  • High Value: 1,134,773
  • Low Value: 731,830

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,105,200
  • Assessed Land Value: $642,800
  • Assessed Improvements Value: $462,400

    Sales

  • Current Sale Recording Date: Aug 01, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180801004020
  • Previous Sale Recording Date: May 29, 2013
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: UNK
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

2065 ft²

Average Home Age

156.6 years

Currently For Sale

15 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# 72333163

Frequently Asked Questions

When was property at 4 Wharf Road built and last sold?
The property at 4 Wharf Road was built in 1870 and last sold on Jan 1, 1970 for $797,000.
How much is this home worth?
The estimated value of the home located at 4 Wharf Road is $823,298.
What are some comparable homes to 4 Wharf Road?
There are currently no comparable homes to 4 Wharf Road.
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