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Essex 01966
58 Phillips Ave
$219,000
● House - Off Market

58 Phillips Ave

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$736,010
RealtyHop Estimate
236.08%
Since Dec 1, 1998
National-US
Primary Model

About This Property

ROCKPORT - 2 BEDROOM RANCH WITH BREEZEWAY AND ATTACHED GARAGE ON WOODED LOT IN PIGEON COVE.  GREAT LOCATION ON QUIET SEASIDE STREET.  TOWN WATER & SEWER.
Unit Size
1,032 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$212
Property Type
House
Property Taxes
$245
HOA Dues
-
Year Built
1953

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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 #30261807)

Price History

Date / Event Date Event Price
Sep 18, 2020 Sold
Premium
Sold
Aug 27, 2001 Sold
Premium
Sold
Jun 19, 2001 Listed $399,000
Listed
GREAT SPOT....WONDERFUL TWO BEDROOM, GOOD SIZE LIVING WITH FIREPLACE,BREEZEWAY AND ONE CAR GARAGE...GREAT FOR YEARROUND OR SEASONAL LIVING...
Oct 5, 1999 Sold
Premium
Sold
Aug 17, 1999 Listed $295,000
Listed
2 BEDROOM HOME ON PHILLIPS AVE - GREAT LOCATION ACROSS FROM OCEAN
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1997
  • 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: 0
  • Building Style: 11
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,959
  • Total Building Area: 1,032
  • Gross Building Area: 2,483
  • Building Area: 1,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,032
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000343
  • 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: 220102

Zoning

  • Zoning: R1

Geography

  • Account Number: 1380
  • District: 252
  • Parcel: ROCK M:15 B:105
  • Block: 105
  • Lot: 105
  • Municipality: ROCKPORT
  • Latitude: 42.6838
  • Longitude: -70.6233

    Address

  • Full Address: 58 Phillips Ave
  • Address - House Number: 58
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Rockport
  • Carrier Code: C003
  • 4-Digit Zip Code: 1143
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $585,000

    Appraisal Valuation

  • Standard Deviation: 0.1658
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 742,483
  • High Value: 865,682
  • Low Value: 619,285

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $694,800
  • Assessed Land Value: $460,000
  • Assessed Improvements Value: $234,800

    Sales

  • Current Sale Contract Date: Sep 15, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200918003730
  • Previous Sale Recording Date: May 03, 2018
  • 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 Essex

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2541 ft²

Average Home Age

72.9 years

Currently For Sale

1497 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30261807

Frequently Asked Questions

When was property at 58 Phillips Avenue built and last sold?
The property at 58 Phillips Avenue was built in 1953 and last sold on Sep 15, 2020 for $527,000.
How much is this home worth?
The estimated value of the home located at 58 Phillips Avenue is $403,942.
What are some comparable homes to 58 Phillips Avenue?
There are currently no comparable homes to 58 Phillips Avenue.
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