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Rockport 01966
5 Francis Way
Photo of 5 Francis Way
Sold on Aug 24, 2011

1

Map

$598,500
● House - Off Market

5 Francis Way

Rockport, MA 01966
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,909 Ft²
$1,416,267
RealtyHop Estimate
121.64%
Since Sep 1, 2011
National-US
Primary Model

About This Property

Custom built contemporary cape offers an open floor plan for today's living, quality workmanship throughout, first floor master bedroom suite, Rockport granite fireplace, hardwoods and ceramic tile floors, a heated two car garage with inside stairs down to plenty of dry storage space, and back stairs leading up to a studio/office, central air--all privately set on a wooded lot at end of street, yet still in town.  First showing to be Sunday OPEN HOUSE - May 22 at 1:00 pm to 2:30.
Unit Size
2,909 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$220
Property Type
House
Property Taxes
$541
HOA Dues
-
Year Built
1999

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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 months ago (MLSPIN #71234577)

Price History

Date / Event Date Event Price
Aug 24, 2011 Sold
Premium
Sold
May 18, 2011 Listed by Beaton Real Estate $639,000
Listed by Beaton Real Estate
May 11, 2010 Listed by Beaton Real Estate $620,000
Listed by Beaton Real Estate
WHAT A BUY--NEW PRICE--WAY BELOW ASSESSMENT--A pretty, custom built contemporary cape offers an open floor plan for today's living, quality workmanship throughout (McNiff builder), first floor master bedroom suite, Rockport granite fireplace, hardwoods and ceramic tile floors, a heated two car garage with inside stairs down to plenty of dry storage space, and back stairs leading up to a studio/office--all privately set on a wooded lot at end of street, yet still in town.

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 25,500
  • Total Building Area: 2,940
  • Gross Building Area: 7,162
  • Building Area: 2,940
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,940
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHARLES C & MARY A FRANCIS
  • Land Acres: 0000000585
  • 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: 2372
  • District: 252
  • Parcel: ROCK M:19 B:82B
  • Block: 82B
  • Lot: 82B
  • Municipality: ROCKPORT
  • Latitude: 42.6528
  • Longitude: -70.6199

    Address

  • Full Address: 5 Francis Way
  • Address - House Number: 5
  • Address - Street Name: Francis
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rockport
  • Carrier Code: C002
  • 4-Digit Zip Code: 2161
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $920,100

    Appraisal Valuation

  • Standard Deviation: 0.1593
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,172,010
  • High Value: 1,358,805
  • Low Value: 985,214

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,092,700
  • Assessed Land Value: $322,700
  • Assessed Improvements Value: $770,000

    Sales

  • Current Sale Recording Date: Aug 24, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27

    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

2002 ft²

Average Home Age

152.9 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71234577

Frequently Asked Questions

When was property at 5 Francis Way built and last sold?
The property at 5 Francis Way was built in 1999 and last sold on Jan 1, 1970 for $598,500.
How much is this home worth?
The estimated value of the home located at 5 Francis Way is $698,764.
What are some comparable homes to 5 Francis Way?
There are currently no comparable homes to 5 Francis Way.
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