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Rockport 01966
7 Normanstone Drive
$500,000
● House - Off Market

7 Normanstone Drive

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,600 Ft²
$1,430,734
RealtyHop Estimate
160.61%
Since Apr 1, 2002
National-US
Primary Model

About This Property

WONDERFUL CONTEMPORARY IN DESIRABLE SOUTH END LOCATION. LOVELY YARD WITH MATURE PLANTINGS NEAR GOLF CLUB AND BEACH
Unit Size
2,600 Ft²
Days on Market
-
Land Size
1.06 acres
Price per sqft
$211
Property Type
House
Property Taxes
$279
HOA Dues
-
Year Built
1969

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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 #30562619)

Price History

Date / Event Date Event Price
May 1, 2008 Sold
Premium
Sold
Jan 26, 2008 Listed by Holly C & Co. Fine Homes $725,000
Listed by Holly C & Co. Fine Homes
Mar 27, 2002 Sold
Premium
Sold
Nov 21, 2001 Listed by Holly C & Co. Fine Homes $549,000
Listed by Holly C & Co. Fine Homes

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 752
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,498
  • Total Building Area: 1,984
  • Gross Building Area: 4,194
  • Building Area: 1,984
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,984
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000562
  • 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: R1

Geography

  • Account Number: 3591
  • District: 252
  • Parcel: ROCK M:27 B:27H
  • Block: 27H
  • Lot: 27H
  • Municipality: ROCKPORT
  • Latitude: 42.6494
  • Longitude: -70.6007

    Address

  • Full Address: 7 Normanstone Dr
  • Address - House Number: 7
  • Address - Street Name: Normanstone
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Rockport
  • Carrier Code: C005
  • 4-Digit Zip Code: 1910
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,900

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 1,061,503
  • High Value: 1,246,244
  • Low Value: 876,762

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $992,700
  • Assessed Land Value: $491,400
  • Assessed Improvements Value: $501,300

    Sales

  • Current Sale Recording Date: Jun 24, 2014
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 62400298
  • Previous Sale Recording Date: May 01, 2008
  • Previous Sale Amount: $705,000
  • 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:

$799,000

Sale Price/ft²

$574

Below Asking

0.03%

Average Days on Market

55

Average Home Size

1937 ft²

Average Home Age

131.4 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 years ago
Data Source: MLS PIN, MLS# 30562619

Frequently Asked Questions

When was property at 7 Normanstone Drive built and last sold?
The property at 7 Normanstone Drive was built in 1969 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Normanstone Drive is $0.
What are some comparable homes to 7 Normanstone Drive?
There are currently no comparable homes to 7 Normanstone Drive.
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