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Bristol 02790
573 Main Rd
$400,000
● House - Off Market

573 Main Rd

Westport, MA 02790
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$2,638
Est. Monthly

About This Property

Welcome to 573 Main Road - a place to make memories. Home is Historical and has been in the same family for 4 generations. Per the family the original home was built in 1833 by Benjamin Tripp Jr., however the farmhouse and barn was rebuilt in the 1940's after WW2. Home has had many updates since.  This February the cold snap effected the plumbing and heating systems.  Oil tank & boiler have been removed (no working water at this time) Electric is working fine.  House has an existing cesspool. Seller will be providing a septic design for a 3 bedroom. Time for  someone new to love the land and the home.  Property is surrounded by conservation land.  Being sold "as is, as seen".
Unit Size
1,260 Ft²
Days on Market
-
Land Size
1.42 acres
Price per sqft
$397
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1850

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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: 4 months ago (MLSPIN #73148274)

Price History

Date / Event Date Event Price
Jan 29, 2024 Sold
Premium
Sold
Dec 3, 2023 In contract -
In contract
Aug 14, 2023 Listed by Even Keel Realty, Inc. $500,000
Listed by Even Keel Realty, Inc.

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • 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: 198
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,725
  • Total Building Area: 1,260
  • Gross Building Area: 1,642
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001417
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Westport School District
  • School Tax School District: WESTPORT SD
  • Census Tract: 646103

Zoning

  • Zoning: HISTOR

Geography

  • Account Number: 5444
  • District: 334
  • Parcel: WPOR M:70 L:16
  • Lot: 16
  • Municipality: WESTPORT
  • Latitude: 41.5926
  • Longitude: -71.0906

    Address

  • Full Address: 573 Main Rd
  • Address - House Number: 573
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Westport
  • Carrier Code: R001
  • 4-Digit Zip Code: 4325
  • Zip Code: 02790

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $239,500

    Appraisal Valuation

  • Standard Deviation: 0.0891
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 484,919
  • High Value: 528,182
  • Low Value: 441,656

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $309,800
  • Assessed Land Value: $159,300
  • Assessed Improvements Value: $150,500

    Sales

  • Current Sale Contract Date: Jan 20, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1400
  • Previous Sale Recording Date: Jan 13, 2012
  • 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 Bristol

Stats & Trends

Median Asking:

$549,900

Sale Price/ft²

$309

Below Asking

0.01%

Average Days on Market

59

Average Home Size

2278 ft²

Average Home Age

71.1 years

Currently For Sale

1128 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 months ago
Data Source: MLS PIN, MLS# 73148274

Frequently Asked Questions

When was property at 573 Main Road built and last sold?
The property at 573 Main Road was built in 1850 and last sold on Jan 20, 2024 for $400,000.
How much is this home worth?
The estimated value of the home located at 573 Main Road is $492,900.
What are some comparable homes to 573 Main Road?
There are currently no comparable homes to 573 Main Road.
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