$429,000
●
Condo -
Off Market
5 Rowe Point #5A
Rockport, MA 01966
3 Beds
4 Baths,
1
Half Bath
2,353 Ft²
$1,542,384
RealtyHop Estimate
259.53%
Since Oct 1, 1997
National-US
Primary Model
About This Property
ROCKPORT OCEANFRONT TOWNHOUSE,SPECT.VIEW & SETTING OVERLOOKING BAY
AND VILLAGE 3BED RMS, 3 1/2 BATHS 3 DECKS 1 GAR FIREPLACE,MOD APPL.
KITCHEN DINING ROOM AND STUDY
Unit Size
2,353 Ft²
Days on Market
-
Land Size
-
Price per sqft
$182
Property Type
Condo
Property Taxes
$510
HOA Dues
$1,642
Year Built
1984
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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 years ago (MLSPIN #30166031)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 1997 | Sold | ||
| Sold | |||
| May 28, 1997 | Listed | $429,000 | |
| Listed | |||
Property Highlights
Air Conditioning
Interior Details
Level: First
Level: Second
Level: Second
Level: First
Level: Second
Level: First
Level: Third
Level: First
Features: Yes
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Bathroom, Den, Central Vacuum
Appliances: Range, Dishwasher, Disposal, Trash Compactor, Microwave, Refrigerator, Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Wood, Tile, Vinyl, Carpet
Laundry Features: Second Floor, Washer Hookup
Rooms: 7
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Has Garage
Garage Spaces: 1
Exterior Details
Entry Level: 1
Security Features: Security System
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: Rowe Estates
Structure Type: Townhouse
Stories (Total): 3
Building Area Units: Square Feet
Window Features: Insulated Windows
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: None
Lot Size Units: Acres
Zoning: RES A
Water Source: Public, City/Town Water, City/Town Sewer
Financial Details
Tax Map Number: 17
Tax Assessed Value: $426,300
Tax Annual Amount: $6,121
Utilities Details
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Cooling Type: Central Air, Heat Pump
Heating Type: Central, Heat Pump, Individual
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
HOA Fee: $1,642
Community Features: Public Transportation, Shopping, Walk/Jog Trails
Complex is Completed
Management: Owner Association
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/18/2004
|
3 Bed
|
3 Bath
|
2371 ft²
|
$919,000
3 Bed
3 Bath
2371 ft²
|
$870,000
-5.33%
09/28/2004
|
Robert Carver
Carlson GMAC Real Estate
| |
|
05/28/1997
|
3 Bed
|
4 Bath
|
2353 ft²
|
$429,000
3 Bed
4 Bath
2353 ft²
|
$429,000
09/05/1997
|
Michael Beaton
Churchill Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017