15 Linwood Place
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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Price Decreased |
$799,000
↓ $100K
(11.1%) | |
| Price Decreased | |||
| Nov 8, 2024 | Listed by Churchill Properties | $899,000 | |
| Listed by Churchill Properties | |||
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Welcome to the island of Gloucester and Rockport. Rare Lanesville offering. Idyllic seaside cottage in private woodsy location with views of the ocean. 2 minute walk to Plum Cove Beach. Dead end street. Move-in condition. Big deck, beautiful big lawn bordered by perennial garden. Ancient rhododendrons insure privacy. Open floor plan. Big 1/2 acre lot with potential for expansion. 4 miles to 128. 4.5 miles to downtown Rockport . 1/2 mile to the Village at Lanesville.
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| May 28, 2009 | Sold | ||
| Sold | |||
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