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Rockport 01966
54-R Main St
$185,000
● House - Off Market

54-R Main St

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,034 Ft²
$383,435
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

1850 Colonial 5 Room 2 bedroom 1 1/2 bath, Is in the Broadway Historical District. In need of total rehab or maybe a teardown. Failed Title V cesspool. Located in the center of town, walk to downtown shops, Front Beach, Bear Skin Neck and the Shalin Liu Performance Center. Being sold in an"as is" condition.Easement restriction for utilities. Subject to a license to sell by Probate Court. Property has no town water and sewer.Do not go on property without broker. Do not walk on abutters driveway.
Unit Size
1,034 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$169
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1850

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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: 5 years ago (MLSPIN #71237929)

Price History

Date / Event Date Event Price
Jul 15, 2011 Sold
Premium
Sold
May 11, 2011 Listed by Home Port Realty Associates, LLC $175,000
Listed by Home Port Realty Associates, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • 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: 8
  • Basement Area: 442
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,759
  • Total Building Area: 1,214
  • Gross Building Area: 1,814
  • Building Area: 1,214
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,214
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000132
  • 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: 2098
  • Parcel: ROCK M:0018 B:0000 L:0409
  • Block: 409
  • Lot: 409
  • Municipality: ROCKPORT
  • Latitude: 42.6568
  • Longitude: -70.6216

    Address

  • Full Address: 54r Main St
  • Address - House Number: 54r
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: Rockport
  • Carrier Code: C007
  • 4-Digit Zip Code: 1555
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $326,900
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2579
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 63
  • Final Value: 530,112
  • High Value: 666,876
  • Low Value: 393,348

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $388,200
  • Assessed Land Value: $279,400
  • Assessed Improvements Value: $108,800

    Sales

  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 180905002490
  • Previous Sale Recording Date: Jul 15, 2011
  • Previous Sale Amount: $185,000
  • 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:

$807,450

Sale Price/ft²

$589

Below Asking

0.03%

Average Days on Market

56

Average Home Size

2144 ft²

Average Home Age

139.9 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 71237929

Frequently Asked Questions

When was property at 54 Main Street built and last sold?
The property at 54 Main Street was built in 1850 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 54 Main Street is $0.
What are some comparable homes to 54 Main Street?
There are currently no comparable homes to 54 Main Street.
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