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Rockport 01966
5 Lamb Hts
$325,000
● House - Off Market

5 Lamb Hts

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,220 Ft²
$619,388
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

Well-maintained, single-owner Cape waiting to become a star-studded beauty. A cozy three-bedroom home in a lovely location abutting South Woods, town conservation land with walking/hiking trails. A first-floor bedroom offers the option of single-floor living. This charmer with mostly hardwood floors has a cheery kitchen and a good-size living area plus a full walk-out basement and four off-street parking spaces.
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$286
Property Type
House
Property Taxes
$244
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 #71817273)

Price History

Date / Event Date Event Price
Sep 15, 2015 Sold
Premium
Sold
Apr 14, 2015 Listed by J. Barrett & Company $349,000
Listed by J. Barrett & Company

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 860
  • 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: 1,220
  • Gross Building Area: 2,672
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,220
  • 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: 220101

Zoning

  • Zoning: R3

Geography

  • Account Number: 2305
  • District: 252
  • Parcel: ROCK M:19 B:30
  • Block: 30
  • Lot: 30
  • Municipality: ROCKPORT
  • Latitude: 42.6461
  • Longitude: -70.6271

    Address

  • Full Address: 5 Lamb Hts
  • Address - House Number: 5
  • Address - Street Name: Lamb
  • Address - Suffix Type: Hts
  • State: MA
  • City Name: Rockport
  • Carrier Code: C002
  • 4-Digit Zip Code: 2005
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $448,300

    Appraisal Valuation

  • Standard Deviation: 0.185
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 625,866
  • High Value: 777,785
  • Low Value: 473,946

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $532,400
  • Assessed Land Value: $220,500
  • Assessed Improvements Value: $311,900

    Sales

  • Current Sale Recording Date: Sep 15, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 612
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

$574

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1937 ft²

Average Home Age

131.4 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# 71817273

Frequently Asked Questions

When was property at 5 Lamb Heights built and last sold?
The property at 5 Lamb Heights was built in 1950 and last sold on Jan 1, 1970 for $325,000.
How much is this home worth?
The estimated value of the home located at 5 Lamb Heights is $367,910.
What are some comparable homes to 5 Lamb Heights?
There are currently no comparable homes to 5 Lamb Heights.
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