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Rockport 01966
8 Willow Lane
$490,000
● House - Off Market

8 Willow Lane

Rockport, MA 01966
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,172 Ft²
$582,682
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Fabulous Village location for this 'Fixer Upper' Cape style home just a short walk to the village shops, the Headlands, Yacht club & quaint coffee shops.  Located at the end of a private way, this property offers privacy, a level lot with seasonal ocean views, ample parking and even room to enlarge this home! Front entryway has closet & opens to Living room and Dining area & kitchen.   A half bath with laundry located on the  first floor plus a sunroom that could easy accommodate as a bedroom. Upper level offers 2 bedrooms w/closets & storage plus a full bath.This home is in need of cosmetic updates and being sold 'as is.'   Seller has not lived in property.
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$425
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72823902)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
Apr 30, 2021 Listed by Coldwell Banker Realty - Gloucester $498,000
Listed by Coldwell Banker Realty - Gloucester

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • 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: 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: 9,422
  • Total Building Area: 831
  • Gross Building Area: 1,172
  • Building Area: 831
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 831
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000216
  • 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: 2639
  • District: 252
  • Parcel: ROCK M:22 B:80
  • Block: 80
  • Lot: 80
  • Municipality: ROCKPORT
  • Latitude: 42.6556
  • Longitude: -70.6139

    Address

  • Full Address: 8 Willow Ln
  • Address - House Number: 8
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Rockport
  • Carrier Code: C004
  • 4-Digit Zip Code: 2162
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $431,900
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 597,454
  • High Value: 701,151
  • Low Value: 493,758

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,900
  • Assessed Land Value: $312,700
  • Assessed Improvements Value: $200,200

    Sales

  • Current Sale Contract Date: Jun 14, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20210614004260
  • Previous Sale Recording Date: May 08, 2009
  • 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

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Last Updated: 5 years ago
Data Source: MLS PIN, MLS# 72823902

Frequently Asked Questions

When was property at 8 Willow Lane built and last sold?
The property at 8 Willow Lane was built in 1900 and last sold on Jun 14, 2021 for $490,000.
How much is this home worth?
The estimated value of the home located at 8 Willow Lane is $0.
What are some comparable homes to 8 Willow Lane?
There are currently no comparable homes to 8 Willow Lane.
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