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Rockport 01966
9 Richards Ave
$725,000
● House - Off Market

9 Richards Ave

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,186 Ft²
$3,960
Est. Monthly

About This Property

Within walking distance to Old Garden Beach, this contemporary energy efficient home has many outstanding features, the fireplace living room is surrounded by an updated cook's kitchen, dining room, and a bedroom suite that includes a large cedar lined sauna and jacuzzi.  The second floor has two bedrooms, a reading room, full bath and excellent closet storage.  Gorgeous landscaping features a Gazebo , mature plantings and a quiet wooded setting.
Unit Size
3,186 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$228
Property Type
House
Property Taxes
$399
HOA Dues
-
Year Built
1930

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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: 11 months ago (MLSPIN #71128859)

Price History

Date / Event Date Event Price
Sep 8, 2014 Sold
Premium
Sold
May 2, 2013 Listed by Coldwell Banker Realty - Gloucester $599,000
Listed by Coldwell Banker Realty - Gloucester
Tranquility--This .46 acre property off Marmion Way near Old Garden Beach, offers a custom contemporary with open space living, a kitchen with a view, sunny solarium, a gorgeous fireplace with thermal energy storage, skylights, cathedral ceilings, banks of windows, a sauna, and a two car garage. If you like privacy, gardens, a screened gazebo, a fish pond, stone walls, and decks surrounded by conservation land, you'll love this!
Aug 27, 2010 Listed by Beaton Real Estate $725,000
Listed by Beaton Real Estate

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • 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: 19,850
  • Total Building Area: 3,165
  • Gross Building Area: 4,533
  • Building Area: 3,165
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 3,165
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000456
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Rockport School District
  • School Tax School District: ROCKPORT SD
  • Census Tract: 220101

Zoning

  • Zoning: R1

Geography

  • Account Number: 3515
  • District: 252
  • Parcel: ROCK M:26 B:117A
  • Block: 117A
  • Lot: 117A
  • Municipality: ROCKPORT
  • Latitude: 42.6564
  • Longitude: -70.6022

    Address

  • Full Address: 9 Richards Ave
  • Address - House Number: 9
  • Address - Street Name: Richards
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Rockport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1811
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $667,500

    Appraisal Valuation

  • Standard Deviation: 0.1642
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 79
  • Final Value: 996,754
  • High Value: 1,160,469
  • Low Value: 833,040

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $792,700
  • Assessed Land Value: $442,800
  • Assessed Improvements Value: $349,900

    Sales

  • Current Sale Recording Date: Sep 08, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 90800238
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:

$799,450

Sale Price/ft²

$581

Below Asking

0.03%

Average Days on Market

55

Average Home Size

2004 ft²

Average Home Age

160.3 years

Currently For Sale

15 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: 11 months ago
Data Source: MLS PIN, MLS# 71128859

Frequently Asked Questions

When was property at 9 Richard's Avenue built and last sold?
The property at 9 Richard's Avenue was built in 1930 and last sold on Jan 1, 1970 for $560,000.
How much is this home worth?
The estimated value of the home located at 9 Richard's Avenue is $656,483.
What are some comparable homes to 9 Richard's Avenue?
There are currently no comparable homes to 9 Richard's Avenue.
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