$699,000
●
Condo -
Off Market
2 Long Beach #2D
Rockport, MA 01966
3 Beds
2 Baths
1,096 Ft²
$3,666
Est. Monthly
5.61%
Cap Rate
About This Property
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.
Unit Size
1,096 Ft²
Days on Market
-
Land Size
-
Price per sqft
$638
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 #73263840)
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 | |||
| 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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