123 Main Street #2
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2024 | Listed | $375,000 | |
| Listed | |||
Property Highlights
123 Main Street #2, Rockport, MA, 01966
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
11/16/2020
| |
6 Bed
|
4 Bath
|
2136 ft²
|
$725,000
6 Bed
4 Bath
2136 ft²
|
$750,000
+3.45%
12/18/2020
|
Ann, Rick & Chris Gloucester Group
J. Barrett & Company
| |
|
07/19/2011
| |
6 Bed
|
4 Bath
|
2136 ft²
|
$499,000
6 Bed
4 Bath
2136 ft²
|
$475,000
-4.81%
05/07/2012
|
-
|
Elizabeth Pool
RE/MAX Advantage Real Estate
|
|
01/26/2003
| |
6 Bed
|
-
|
2350 ft²
|
$529,000
6 Bed
-
2350 ft²
|
$518,000
-2.08%
03/21/2003
|
-
|
Edith Tupper
RE/MAX At The Coast
|
|
04/08/1998
| |
6 Bed
|
-
|
2350 ft²
|
$249,000
6 Bed
-
2350 ft²
|
$249,000
08/21/1998
|
-
|
Carole Dangerfield
RE/MAX At The Coast
|
Building Info
