NOT LISTED FOR SALE

3 Sunset Ln Rockport, MA 01966

7 Beds
6 Baths
2,706 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: February 1, 2022

Last sale price $900,000 $333 Per Sq Ft

3 Days on Market

About This Home

As of February 2022

Great investment property potential. 5 unit building in Rockport offers a 3-bedroom split-level apartment and 4 adjacent 1-bedroom apartments 2 up and 2 down. Larger unit has garage and private deck while the 2 room units have shared balcony or patio space. The beautiful, wooded back yard is perfect for each unit to have some space to enjoy. The property also has a great side yard that easily could be exclusive to split-level. Ample off-street parking allows for 1 car for each 1 bedroom and up to 3 cars for the 3-bedroom. All units have separate utilities. Convenient location to shops, beaches, restaurants, transportation and more! First showings at Open House Saturday December 18th from 11-1.

Last Agent to Sell the Property

Alison Brigham

J. Barrett & Company Listed on: 12/16/2021

Last Buyer's Agent

Gillian Harnish Bouchie

Engel & Volkers By the Sea

Engel & Volkers By the Sea

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 10,019

Parking

  • 1

Additional Features

  • Property has 2 Levels
  • 5 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Main St. to Wildon Heights, Right onto Sunset.
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Appliances: Unit 2(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater, Utility Connections for Electric Range
  • Has Basement: Partially Finished, Garage Access
  • MAIN LO: AN6181
  • MAIN SO: AN4733
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Vinyl,Carpet,Varies Per Unit,Laminate,Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen,Family Room)
  • Stories: 7

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Property Condition: Unit 3 Remodeled
  • Disclosures: Agent Is Related To Seller
  • Lot Features: Wooded
  • Patio And Porch Features: Deck - Wood
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 6

Utilities

  • Heating: Unit 1(Oil), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Bike Path, Public School
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Annual Water Sewer Expense: 3145

Lot Info

  • LOT SIZE: 10019
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10018.8
  • Zoning: R

Multi Family

  • LEVELS 1: 2
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 1
  • Annual Gross Income: 68600
  • Insurance Expense: 3002
  • Property Net Operating Income: 63275
  • Number Of Units Total: 5
  • Annual Operating Expense: 6925
  • Total Actual Rent: 5050

Tax Info

  • Tax Annual Amount: 6853.06
  • Tax Book Number: 32935
  • Tax Year: 2021
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2022 02/01/22 Sold $900,000 -4.2% $333 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $939,900 -- $347 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,997 $912,900 $232,300 $680,600
2024 $7,341 $871,800 $222,200 $649,600
2023 $6,906 $732,300 $211,600 $520,700
2022 $7,242 $737,500 $214,800 $522,700
2021 $6,853 $703,600 $204,500 $499,100
2020 $6,647 $658,100 $184,500 $473,600
2019 $6,063 $614,900 $179,700 $435,200
2018 $6,213 $614,500 $189,700 $424,800
2017 $5,907 $523,700 $172,000 $351,700
2016 $5,640 $501,300 $149,600 $351,700
2015 $5,042 $458,400 $149,600 $308,800
2014 $5,262 $466,900 $149,600 $317,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72928170

MLS Property Information Network (MLS PIN)
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