69 Long Beach
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 30, 2015 | Sold | ||
| Sold | |||
| May 21, 2015 | Listed by Coldwell Banker Realty - Gloucester | $389,900 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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Start making treasured summertime memories with your family & friends right now! Picture perfect seasonal vacation home situated on Cape Ann's Long Beach in the beautiful seaside town of Rockport. This prime 2nd row property saves you HUNDREDS OF THOUSANDS compared to others along the same stretch of beach yet still offers an amazing experience. 3 Beds, 2 Full Baths, updated throughout with a newer roof, vinyl siding, screened porch w/double doors open up to LARGE composite deck with partial ocean view. Large bonus space in basement offers versatility and value. Want more? This home comes fully furnished! Just a few steps to the beach and only a few minutes drive to downtown Rockport for sightseeing, shopping and restaurants at Bearskin Neck and other points of interest. THIS is your best chance to take advantage of all that Rockport and Long Beach have to offer! Ditch Cape Cods traffic and come discover Cape Ann.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017