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Essex 01966
6 Lowest Ln
Photo of 6 Lowest Ln
Sold on May 12, 2010

1

Map

$450,000
● House - Off Market

6 Lowest Ln

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,729 Ft²
$977,798
RealtyHop Estimate
110.32%
Since Jun 1, 2010
National-US
Primary Model

About This Property

Unique contemporary located on a quiet dead-end road within the trees and very private setting. Reverse floor plan designed to enjoy the landscaped Zen-like perennial gardens and Koi pond--perfect for entertaining. Natural light fills the open-concept living area featuring cathedral ceilings, hardwood floors, granite kitchen and brick hearth with pellet stove. So close to every Rockport amenity including beach, shopping, train, restaurants and Bearskin Neck. Spacious 2-car garage.
Unit Size
1,729 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$269
Property Type
House
Property Taxes
$321
HOA Dues
-
Year Built
1978

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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: 2 years ago (MLSPIN #70996435)

Price History

Date / Event Date Event Price
May 12, 2010 Sold
Premium
Sold
Nov 1, 2009 Listed $464,900
Listed
Feb 18, 2000 Sold
Premium
Sold
Jul 19, 1999 Listed $288,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • 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: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,454
  • Total Building Area: 1,297
  • Gross Building Area: 3,749
  • Building Area: 1,297
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,297
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000286
  • 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: R3

Geography

  • Account Number: 887
  • District: 252
  • Parcel: ROCK M:11 B:51A
  • Block: 51A
  • Lot: 51A
  • Municipality: ROCKPORT
  • Latitude: 42.6581
  • Longitude: -70.6276

    Address

  • Full Address: 6 Lowest Ln
  • Address - House Number: 6
  • Address - Street Name: Lowest
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rockport
  • Carrier Code: C007
  • 4-Digit Zip Code: 1472
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $597,200

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 737,394
  • High Value: 865,815
  • Low Value: 608,973

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $709,300
  • Assessed Land Value: $304,500
  • Assessed Improvements Value: $404,800

    Sales

  • Current Sale Recording Date: May 12, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Feb 18, 2000
  • Previous Sale Amount: $267,500
  • 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:

$699,900

Sale Price/ft²

$384

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2519 ft²

Average Home Age

73.7 years

Currently For Sale

1437 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: 2 years ago
Data Source: MLS PIN, MLS# 70996435

Frequently Asked Questions

When was property at 6 Lowest Lane built and last sold?
The property at 6 Lowest Lane was built in 1978 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 6 Lowest Lane is $473,507.
What are some comparable homes to 6 Lowest Lane?
There are currently no comparable homes to 6 Lowest Lane.
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