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Rockport 01966
5 Shetland Road
Photo of 5 Shetland Road
Sold on Oct 6, 2008

1

Map

$1,079,000
● House - Off Market

5 Shetland Road

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,600 Ft²
$2,378,744
RealtyHop Estimate
99.06%
Since Nov 1, 2008
National-US
Primary Model

About This Property

Truly amazing one of a kind Nantucket style home in Rockport's South end abuts 10 acres of protected woodlands and offers beautiful views of the Atlantic Ocean and Straightsmouth Lighthouse.  Just some of the wonderful features include cherry floors, Rockport granite fireplace, audio system, media room, 4 zone heat and AC, master bedroom suite, Jacuzzi tub, steam shower and an incredible kitchen perfect for entertaining. This beautiful newly constructed home is waiting for your finishing touch.
Unit Size
3,600 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$332
Property Type
House
Property Taxes
$520
HOA Dues
-
Year Built
1930

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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 #70783782)

Price History

Date / Event Date Event Price
Oct 7, 2008 Sold
Premium
Sold
Jun 26, 2008 Listed $1,195,000
Listed
Dec 13, 2006 Sold
Premium
Sold
Jul 31, 2006 Listed by Sagan Harborside Sotheby's International Realty $699,000
Listed by Sagan Harborside Sotheby's International Realty
Rockport South Side. A charming shingle style rehabed jewel. NEEDS YOUR FINISHING. Gracious floor plan facing nature's preserve surrounded with fieldstone walls and nature plantings. Vaulted ceilings, breadboard, custom built in interior, 8 burner stove, wine cooler, etc. Master suite, sitting room Jacuz zi/steam. Seller requests pre-approval prior to first showing. THE PROPERTY WILL BE OPEN ON SATURDAY, OCTOBER 7TH FROM 10:00 AM TO 12 NOON. ALL ARE WELCOME.
Feb 16, 2001 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 180
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,098
  • Total Building Area: 2,829
  • Gross Building Area: 4,590
  • Building Area: 2,829
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,829
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKPORT
  • Land Acres: 0000000301
  • 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: 3479
  • District: 252
  • Parcel: ROCK M:26 B:92
  • Block: 92
  • Lot: 92
  • Municipality: ROCKPORT
  • Latitude: 42.6549
  • Longitude: -70.6003

    Address

  • Full Address: 5 Shetland Rd
  • Address - House Number: 5
  • Address - Street Name: Shetland
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1911
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $992,900

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,288,690
  • High Value: 1,512,970
  • Low Value: 1,064,409

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,179,200
  • Assessed Land Value: $480,700
  • Assessed Improvements Value: $698,500

    Sales

  • Current Sale Recording Date: May 29, 2013
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 07, 2008
  • Previous Sale Amount: $1,079,000
  • 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 Rockport

Stats & Trends

Median Asking:

$799,000

Sale Price/ft²

$578

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2065 ft²

Average Home Age

156.6 years

Currently For Sale

15 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 months ago
Data Source: MLS PIN, MLS# 70783782

Frequently Asked Questions

When was property at 5 Shetland Road built and last sold?
The property at 5 Shetland Road was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Shetland Road is $1,252,342.
What are some comparable homes to 5 Shetland Road?
There are currently no comparable homes to 5 Shetland Road.
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