$189,000
●
Condo -
Off Market
8 Dock Square #3
Rockport, MA 01966
1 Bed
1 Bath
530 Ft²
$335,313
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model
About This Property
WAKE UP AND SMELL THE COFFEE! - Walk out the door to
one of Rockport's many coffee and pastry shops. Take a
stroll on Bearskin Neck and treat yourself to an ice cream at
Molly's. This one bedroom condo with wide pine floors and 2
fireplaces has lots of charm.. It's the perfect weekend get
away or year round Rockport retreat with wonderful views of the
Motif. You won't get any closer to the beaches, shops, and
restaurants. The Shalin Liu Performance Center is steps away.
This new listing is the ideal affordable way to own
that special vacation spot in town and bring lots of fun into your
life.
Unit Size
530 Ft²
Days on Market
-
Land Size
-
Price per sqft
$357
Property Type
Condo
Property Taxes
$95
HOA Dues
$174
Year Built
2008
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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: 5 years ago (MLSPIN #71919072)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jun 12, 2017 | Listed by Coldwell Banker Residential Brokerage - Gloucester | $229,000 | |
| Listed by Coldwell Banker Residential Brokerage - Gloucester | |||
| | |||
|
Picture Perfect views of Motif #1 from this darling 1 bedroom condo in the heart of Dock Square! Be in the middle of it all, yet feel the privacy & seclusion of this 2nd level condo with 2 fireplaces, exposed beams, wide pine floors and a newer kitchen boasting stainless steel appliances. Tucked away in the back is a garden patio area ideal for grilling and entertaining friends.This year round condo offers easy access to the best Rockport has to offer- crystal clear beaches, shopping on Bear Skin Neck, restaurants & art galleries galore. Attend a performance at the Shalin Liu Center, stroll the side streets or simply gaze out your window and relish in the bustling activity of Dock Square from season to season.Where else can you get this close to downtown Rockport and with a very affordable Condo Fee of $148.per month? See it today!
| |||
| Nov 23, 2015 | Sold | ||
| Sold | |||
| Oct 14, 2015 | Listed by Coldwell Banker Realty - Gloucester | $189,000 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
Property Highlights
Fireplace
Interior Details
Level: Second
Features: Flooring - Hardwood
Features: Bathroom - Full
Level: Second
Features: Flooring - Hardwood
Level: Second
Level: Second
Features: Flooring - Hardwood
Features: No
Full Bathrooms: 1
Appliances: Range, Dishwasher, Microwave, Refrigerator, Utility Connections for Electric Range, Utility Connections for Electric Oven
Flooring Type: Pine
Laundry Features: Off-Site
Rooms: 3
Has Fireplace
Fireplace Features: Living Room, Master Bedroom
Fireplaces: 2
Basement: Y
Exterior Details
Entry Level: 2
Year Built Source: Owner
Year Built Details: Approximate
PropertySubType: Condominium
Building Name: 8 Dock Square Condominium Complex
Structure Type: Low-Rise
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: GD
Parcel Number: 4761565
Water Source: Public
Financial Details
Tax Assessed Value: $103,900
Tax Annual Amount: $1,144
Utilities Details
Utilities: for Electric Range, for Electric Oven
Cooling Type: None
Heating Type: Baseboard, Hot Water, Propane
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Association Fee Frequency: Monthly
HOA Fee: $174
Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2017
|
1 Bed
|
1 Bath
|
530 ft²
|
$229,000
1 Bed
1 Bath
530 ft²
|
$220,000
-3.93%
09/15/2017
|
Mary Matthews
Coldwell Banker Realty - Gloucester
| |
|
08/19/2016
|
Studio
|
2 Bath
|
661 ft²
|
$248,000
Studio
2 Bath
661 ft²
|
$244,900
-1.25%
10/28/2016
|
Paula Murphy
Coldwell Banker Realty - Gloucester
| |
|
10/14/2015
|
1 Bed
|
1 Bath
|
530 ft²
|
$189,000
1 Bed
1 Bath
530 ft²
|
$189,000
11/23/2015
|
Mary Matthews
Coldwell Banker Realty - Gloucester
| |
|
01/16/1998
| |
Loft
|
1 Bath
|
2000 ft²
|
$210,000
Loft
1 Bath
2000 ft²
|
$180,000
-14.29%
07/31/1998
|
Dennis McManus
McManus Real Estate Company
|
Building Info
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