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Rockport 01966
92 Marmion Way
$725,000
● House - Off Market

92 Marmion Way

Rockport, MA 01966
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,326 Ft²
$1,022,403
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Abutting conservation land on one of the prettiest streets in Rockport sits this wonderful 3 bedroom ,3 full bath home waiting for its next chapter to begin. Plenty of space, nice flowing floorplan with generous room sizes, Living, dining and family rooms on the first floor along with an eat-in kitchen. Separate laundry room with sink, storage and full bath ,with an office or study give many possibilities for use on the 1st floor.  Upstairs there are 3 bedrooms and 2 full baths including a sunny master suite. The basement is heated and dry, waiting for your input. But the crown jewel of this property is the yard, private, serene, easy direct access to wildlife preserve, peeks of the water, very short stroll down to Straitsmouth Landing, walk to town, restaurants, train,   Shalin Liu
Unit Size
2,326 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$301
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1978

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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: 6 months ago (MLSPIN #72589620)

Price History

Date / Event Date Event Price
Feb 15, 2024 Sold
Premium
Sold
Dec 6, 2019 Sold
Premium
Sold
Nov 7, 2019 Listed by J. Barrett & Company $699,000
Listed by J. Barrett & Company
May 17, 1999 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,456
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,326
  • Gross Building Area: 4,042
  • Building Area: 2,326
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,326
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • 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: 3483
  • District: 252
  • Parcel: ROCK M:26 B:96
  • Block: 96
  • Lot: 96
  • Municipality: ROCKPORT
  • Latitude: 42.654
  • Longitude: -70.5989

    Address

  • Full Address: 92 Marmion Way
  • Address - House Number: 92
  • Address - Street Name: Marmion
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Rockport
  • Carrier Code: C008
  • 4-Digit Zip Code: 1926
  • Zip Code: 01966

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $757,500

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 993,558
  • High Value: 1,151,113
  • Low Value: 836,002

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $899,600
  • Assessed Land Value: $464,500
  • Assessed Improvements Value: $435,100

    Sales

  • Current Sale Contract Date: Feb 15, 2024
  • Current Sale Recording Date: Feb 15, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20240215001500
  • Previous Sale Recording Date: Dec 06, 2019
  • Previous Sale Contract Date: Dec 05, 2019
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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:

$815,000

Sale Price/ft²

$588

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2075 ft²

Average Home Age

142.1 years

Currently For Sale

17 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

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72589620

Frequently Asked Questions

When was property at 92 Marmion Way built and last sold?
The property at 92 Marmion Way was built in 1978 and last sold on Feb 15, 2024 for $700,000.
How much is this home worth?
The estimated value of the home located at 92 Marmion Way is $748,528.
What are some comparable homes to 92 Marmion Way?
There are currently no comparable homes to 92 Marmion Way.
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