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Rockport 01966
56 Main Street
$175,000
● House - Off Market

56 Main Street

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
998 Ft²
$688,393
RealtyHop Estimate
272.10%
Since Dec 1, 1996
National-US
Primary Model

About This Property

ROCKPORT CENTRALLY LOCATED 2-3 BEDROOM COLONIAL WITHIN SIGHT OF BEACH.  WALK TO BEARSKIN NECK, HARBOR, TRANSPORTATION, ETC.  LOWER STREET LEVEL FAMILY ROOM OR GALLERY/IDEAL FOR ARTIST OR HOME OCCUPATION.
Unit Size
998 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$185
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1840

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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 years ago (MLSPIN #30074932)

Price History

Date / Event Date Event Price
Nov 1, 1996 Sold
Premium
Sold
Oct 25, 1995 Listed $185,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1840
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 798
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,688
  • Total Building Area: 1,596
  • Gross Building Area: 2,777
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 2092
  • District: 252
  • Parcel: ROCK M:18 B:403
  • Block: 403
  • Lot: 403
  • Municipality: ROCKPORT
  • Latitude: 42.6569
  • Longitude: -70.622

    Address

  • Full Address: 56 Main St
  • Address - House Number: 56
  • 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: $579,200

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 757,877
  • High Value: 919,503
  • Low Value: 596,252

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $687,900
  • Assessed Land Value: $311,700
  • Assessed Improvements Value: $376,200

    Sales

  • Current Sale Recording Date: Aug 04, 2015
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 520
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

1970 ft²

Average Home Age

139 years

Currently For Sale

20 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

Currently no nearby rentals
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30074932

Frequently Asked Questions

When was property at 56 Main Street built and last sold?
The property at 56 Main Street was built in 1840 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 56 Main Street is $208,214.
What are some comparable homes to 56 Main Street?
There are currently no comparable homes to 56 Main Street.
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