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Bristol 02790
40 R Perseverance Lane
$335,000
● House - Off Market

40 R Perseverance Lane

Westport, MA 02790
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$587,186
RealtyHop Estimate
68.25%
Since Jan 1, 2017
National-US
Primary Model

About This Property

The stunning Cape Cod-style home with many original features intact, is perfect for today's modern living. This charming 2,000 square foot home, which includes 3 bedrooms and 2 full bathrooms, sits on an estate-like 3.6 acres. Located in the scenic West Branch section of South Westport. This sought after property is located just minutes from Adamsville, Rhode Island and simultaneously Westport Massachusetts restaurants, marinas of charming Westport Harbor; Central Village, as well as from the beaches and miles of hiking trails.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
3.60 acres
Price per sqft
$175
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 years ago (MLSPIN #72077259)

Price History

Date / Event Date Event Price
Dec 16, 2016 Sold
Premium
Sold
Oct 5, 2016 Listed by Right Choice Real Estate $349,000
Listed by Right Choice Real Estate
Nov 7, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 4
  • 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: 8
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 156,816
  • Total Building Area: 2,016
  • Gross Building Area: 3,224
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003600
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646104

Zoning

  • Zoning: R1

Geography

  • Account Number: 6271
  • Parcel: WPOR M:84 L:26J
  • Lot: 26J
  • Municipality: WESTPORT
  • Latitude: 41.5447
  • Longitude: -71.1016

    Address

  • Full Address: 40r Perseverance Ln
  • Address - House Number: 40r
  • Address - Street Name: Perseverance
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Westport
  • Carrier Code: R004
  • 4-Digit Zip Code: 5012
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $426,500

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 624,028
  • High Value: 728,966
  • Low Value: 519,089

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $551,700
  • Assessed Land Value: $325,400
  • Assessed Improvements Value: $226,300

    Sales

  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 31029
  • Previous Sale Recording Date: Nov 07, 2013
  • Previous Sale Document Type: 27
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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.02%

Average Days on Market

59

Average Home Size

2267 ft²

Average Home Age

69.5 years

Currently For Sale

1147 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: 5 years ago
Data Source: MLS PIN, MLS# 72077259

Frequently Asked Questions

When was property at 40R Perseverance Lane built and last sold?
The property at 40R Perseverance Lane was built in 1975 and last sold on Jan 1, 1970 for $335,000.
How much is this home worth?
The estimated value of the home located at 40R Perseverance Lane is $0.
What are some comparable homes to 40R Perseverance Lane?
There are currently no comparable homes to 40R Perseverance Lane.
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