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Rockport 01966
49 Thatcher Road
$435,000
● House - Off Market

49 Thatcher Road

Rockport, MA 01966
bedrooms
1 Bed
bathrooms
2 Baths, 1 Half Bath
square feet
1,744 Ft²
$1,032,984
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Upon entering this home you are drawn up into the open living area with its vaulted ceilings and toward the wall of windows facing the ocean inviting you to step out on the deck and enjoy the salt air. House is close to beaches and made for entertaining.  Small easy-to-care for yard, fireplaced living room, fireplaced family room in lower level, and plenty of storage space for kayaks, etc. complete the package. Well cared for property. Could use some updating but has good potential.
Unit Size
1,744 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$275
Property Type
House
Property Taxes
$291
HOA Dues
-
Year Built
1950

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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 months ago (MLSPIN #71397889)

Price History

Date / Event Date Event Price
Aug 30, 2012 Sold
Premium
Sold
Jun 16, 2012 Listed by RE/MAX Advantage Real Estate $480,000
Listed by RE/MAX Advantage Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,214
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,001
  • Total Building Area: 1,326
  • Gross Building Area: 3,097
  • Building Area: 1,326
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKPORT
  • Land Acres: 0000000276
  • 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: R1

Geography

  • Account Number: 3690
  • District: 252
  • Parcel: ROCK M:28 B:50
  • Block: 50
  • Lot: 50
  • Municipality: ROCKPORT
  • Latitude: 42.6379
  • Longitude: -70.6054

    Address

  • Full Address: 49 Thatcher Rd
  • Address - House Number: 49
  • Address - Street Name: Thatcher
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C005
  • 4-Digit Zip Code: 2214
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $629,100

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 847,596
  • High Value: 982,615
  • Low Value: 712,577

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $747,100
  • Assessed Land Value: $334,600
  • Assessed Improvements Value: $412,500

    Sales

  • Current Sale Recording Date: Aug 30, 2012
  • Current Sale Price:
    Premium
  • Current 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:

$798,500

Sale Price/ft²

$576

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1980 ft²

Average Home Age

127.8 years

Currently For Sale

16 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 months ago
Data Source: MLS PIN, MLS# 71397889

Frequently Asked Questions

When was property at 49 Thatcher Road built and last sold?
The property at 49 Thatcher Road was built in 1950 and last sold on Jan 1, 1970 for $435,000.
How much is this home worth?
The estimated value of the home located at 49 Thatcher Road is $500,357.
What are some comparable homes to 49 Thatcher Road?
There are currently no comparable homes to 49 Thatcher Road.
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