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Essex 01966
6 Drumlin
$410,000
● House - Off Market

6 Drumlin

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,416 Ft²
$846,963
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Rockport- Contemporary Ranch set on a beautiful serene 1/2 acre lot. 7 rooms, 2 baths, 3 BR's, LR/DR combination with a granite fireplace, den & 1 car garage.  Enjoy the rustic appeal or a great opportunity to be creative and update this unique property.
Unit Size
1,416 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$307
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938

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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 months ago (MLSPIN #71536570)

Price History

Date / Event Date Event Price
Sep 26, 2013 Sold
Premium
Sold
Jun 5, 2013 Listed by Coldwell Banker Residential Brokerage - Gloucester $435,000
Listed by Coldwell Banker Residential Brokerage - Gloucester

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 6
  • Roof Cover Type: 8
  • 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: 22,564
  • Total Building Area: 1,442
  • Gross Building Area: 1,971
  • Building Area: 1,442
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,442
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000518
  • 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: RA

Geography

  • Account Number: 766
  • District: 252
  • Parcel: ROCK M:10 B:101A
  • Block: 101A
  • Lot: 101A
  • Municipality: ROCKPORT
  • Latitude: 42.6705
  • Longitude: -70.6269

    Address

  • Full Address: 6 Drumlin Rd
  • Address - House Number: 6
  • Address - Street Name: Drumlin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Rockport
  • Carrier Code: C001
  • 4-Digit Zip Code: 1305
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $556,600
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 78
  • Final Value: 687,526
  • High Value: 802,762
  • Low Value: 572,291

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $661,000
  • Assessed Land Value: $353,000
  • Assessed Improvements Value: $308,000

    Sales

  • Current Sale Recording Date: Sep 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 259

    Financing

  • First Mortgage Financing Type: UNK
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

2570 ft²

Average Home Age

73.4 years

Currently For Sale

1447 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71536570

Frequently Asked Questions

When was property at 6 Drumlin Road built and last sold?
The property at 6 Drumlin Road was built in 1938 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 6 Drumlin Road is $444,271.
What are some comparable homes to 6 Drumlin Road?
There are currently no comparable homes to 6 Drumlin Road.
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