42 Bearskin Neck
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 |
|---|---|---|---|
| Jun 25, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| Apr 15, 2025 | Listed | $875,000 | |
| Listed | |||
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Live the dream of owning a piece of Rockport's iconic Bearskin Neck. This quintessential Rockport property has 1 residential unit and 1 commercial unit. Located in the heart of Rockport's shopping district with a central location to capitalize on the bustling tourist foot traffic. Each unit has robust income with a 3 yr lease on the commercial property, and very busy short term rental calendar in the residential space. Commercial space is currently occupied by a successful long term business. Residential space is a 3 bedroom,1 bath apartment with updated kitchen and bathroom with views of the iconic Motif. The central location is perfect for exploring the beautiful town of Rockport with beaches, restaurants, Shalin Liu Performance Center, shops and art galleries, all within minutes of your front door. This property allows you the flexibility of keeping this an investment property, or creating your own use of the space in short term (residential) and long term timeframes (both units).
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| Aug 13, 2009 | Sold | ||
| Sold | |||
| May 7, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017