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Rockport 01966
6 Spring Lane
Photo of 6 Spring Lane
Sold on Mar 15, 2006

1

Map

$499,900
● House - Off Market

6 Spring Lane

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,350 Ft²
$845,652
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model

About This Property

This Antique Reproduction Post & Beam sits high allowing for cooling Ocean breezes in the summer. The Rumford Fireplace allows for minimal loss of heated room air! Rough hewn & smooth wide pine floors set the tone of warmth throughout the home. The doors have been reclaimed, the beams are pegged, and there are storage areas in the eaves. An oversized 2 car garage with a full loft will make a terrific home office, studio, guest suite or...explore the possibilities!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$370
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1987

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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 #70321883)

Price History

Date / Event Date Event Price
Mar 15, 2006 Sold
Premium
Sold
Jan 27, 2006 Listed $499,900
Listed
Jul 31, 2003 Sold
Premium
Sold
Jun 3, 2003 Listed $499,000
Listed

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 675
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,311
  • Total Building Area: 1,350
  • Gross Building Area: 2,341
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAROLD M HOBBS
  • Land Acres: 0000000237
  • 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: 3021
  • District: 252
  • Parcel: ROCK M:23 B:53
  • Block: 53
  • Lot: 53
  • Municipality: ROCKPORT
  • Latitude: 42.653
  • Longitude: -70.6164

    Address

  • Full Address: 6 Spring Ln
  • Address - House Number: 6
  • Address - Street Name: Spring
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rockport
  • Carrier Code: C004
  • 4-Digit Zip Code: 2137
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $567,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 708,566
  • High Value: 820,487
  • Low Value: 596,645

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $674,100
  • Assessed Land Value: $303,200
  • Assessed Improvements Value: $370,900

    Sales

  • Current Sale Recording Date: Mar 15, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Amount: $490,000
  • 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 Rockport

Stats & Trends

Median Asking:

$798,000

Sale Price/ft²

$574

Below Asking

0.03%

Average Days on Market

56

Average Home Size

1980 ft²

Average Home Age

127.8 years

Currently For Sale

16 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 months ago
Data Source: MLS PIN, MLS# 70321883

Frequently Asked Questions

When was property at 6 Spring Lane built and last sold?
The property at 6 Spring Lane was built in 1987 and last sold on Jan 1, 1970 for $499,900.
How much is this home worth?
The estimated value of the home located at 6 Spring Lane is $517,901.
What are some comparable homes to 6 Spring Lane?
There are currently no comparable homes to 6 Spring Lane.
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