$780,000
●
Condo -
Off Market
2 Long Beach #2D
Rockport, MA 01966
3 Beds
2 Baths
$4,064
Est. Monthly
4.46%
Cap Rate
About This Property
Town of Rockport just announced NEW TEN YEAR LEASE JANUARY 2024!
Beachfront property on Long Beach in Rockport, MA. This condo
consists of a two-bedroom, one-bathroom unit plus a separate studio
with strong AIRBNB history. Continue to rent out studio for
additional income or use the two bedroom for yourself and have
guests visit in the studio! Both spaces boast breathtaking
ocean views and direct access to the beach, offering the perfect
combination of relaxation and adventure. With modern finishes and
amenities, this property ensures your stay is as comfortable as it
is unforgettable. Opportunity to enjoy next summer on
picturesque Long Beach in Rockport, MA, the North Shore's best kept
secret beach getaway.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$234
HOA Dues
-
Year Built
1906
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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: 3 years ago (MLSPIN #73179251)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2024 | No longer available | - | |
| No longer available | |||
| Jul 12, 2024 | Listed by J. Barrett & Company | $699,000 | |
| Listed by J. Barrett & Company | |||
| | |||
|
Seize this rare opportunity to make the most of summer on coveted Long Beach! This beachfront condo offers an unparalleled escape with its two-bedroom, one-bathroom unit and separate studio. Enjoy breathtaking ocean views and direct beach access from both spaces. Perfect for personal retreats and hosting guests, this property boasts modern finishes and amenities for a comfortable and unforgettable stay. This is your chance to experience the magic of Long Beach, Rockport – the North Shore's hidden gem.
| |||
| Apr 9, 2024 | Relisted | $780,000 | |
| Relisted | |||
| Apr 2, 2024 | No longer available | - | |
| No longer available | |||
| Mar 5, 2024 | Relisted | $795,000 | |
| Relisted | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Interior Details
Level: Second
Level: Third
Level: Second
Level: Third
Level: Second
Level: Second
Full Bathrooms: 2
Appliances: Dishwasher, Microwave, Range, Washer, Dryer
Flooring Type: Tile, Hardwood
Laundry Features: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Rooms: 6
Has Fireplace
Fireplaces: 1
Basement: N
Parking Details
Parking Features: Assigned
Exterior Details
Entry Level: 2
Year Built Source: Public Records
Year Built Details: Renovated Since
PropertySubType: Condominium
Building Name: Cape Hedge Llc
Structure Type: Garden
Stories (Total): 2
Building Area Units: Square Feet
Construction Materials: Frame
Patio and Porch Features: Deck
Lead Paint: Unknown
Lot Size Units: Acres
Zoning: RA
Water Source: Public
Financial Details
Tax Assessed Value: $1,081,400
Tax Annual Amount: $2,804
Utilities Details
Utilities: for Gas Range, for Electric Dryer, Washer Hookup
Cooling Type: Window Unit(s)
Heating Type: Electric Baseboard
Sewer : Public Sewer
Location Details
Complex is Completed
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2024
|
3 Bed
|
2 Bath
|
1096 ft²
|
$699,000
3 Bed
2 Bath
1096 ft²
|
-
-
|
Jackelyn Enslow
J. Barrett & Company
| |
|
11/09/2023
|
3 Bed
|
2 Bath
|
-
|
$795,000
3 Bed
2 Bath
|
-
-
|
Jackelyn Enslow
J. Barrett & Company
| |
|
05/03/2023
|
2 Bed
|
1 Bath
|
760 ft²
|
$525,000
2 Bed
1 Bath
760 ft²
|
$525,000
06/22/2023
|
Jackelyn Enslow
J. Barrett & Company
| |
|
05/03/2023
|
2 Bed
|
1 Bath
|
760 ft²
|
$525,000
2 Bed
1 Bath
760 ft²
|
$525,000
06/22/2023
|
Jackelyn Enslow
J. Barrett & Company
| |
|
09/01/2021
|
1 Bed
|
1 Bath
|
420 ft²
|
$321,888
1 Bed
1 Bath
420 ft²
|
$321,888
09/24/2021
|
Tsakirgis Team
RE/MAX Property Shoppe, Inc.
| |
|
10/03/2020
|
1 Bed
|
1 Bath
|
420 ft²
|
$338,900
1 Bed
1 Bath
420 ft²
|
-
-
|
Joyce E. Sullivan
Kinlin Grover GMAC Real Estate
| |
|
06/27/2006
|
Studio
|
1 Bath
|
420 ft²
|
$195,000
Studio
1 Bath
420 ft²
|
$170,000
-12.82%
09/15/2006
|
Gail Guittarr
J. Barrett & Company
| |
|
06/24/2004
|
1 Bed
|
1 Bath
|
500 ft²
|
$265,000
1 Bed
1 Bath
500 ft²
|
$265,000
07/16/2004
|
Helen Smith Harber
RE/MAX At The Coast
| |
|
04/30/2003
| |
8 Bed
|
8 Bath
|
3284 ft²
|
$800,000
8 Bed
8 Bath
3284 ft²
|
$625,000
-21.88%
01/14/2004
|
Helen Smith Harber
Beaton Real Estate
|
Building Info
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