Updated Side-by-Side
For Sale
$749,900
Pending
50 Linden Park, Rockland, MA 02370
Two-unit property with upgraded kitchens, refreshed systems, central air, and dedicated off-street parking.
Property Size2,010 SF
Days on Market48
Property Features for 50 Linden Park
General Information
Standard status
Pending
Size
2,010 SF
Total Parking Spaces
6
Property subtype
Investment
Units
Unit Mix
1 x 4BR, 1 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,248
Amenities
central air conditioning
deck
yard
Building Details
Building Size
2,010 SF
Year Built
1900
Buildings
1
Stories
4
Units
2
Listing Agency:
(617) 821-6330
Listed By:
James Sweeney
(617) 821-6330
Source:
Elliman
Added: Jul 16
Changed: Aug 29
Last Checked: Aug 31 at 4:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of James Sweeney
Investment Insights
Based on property information with market context.
This side-by-side duplex, built in 1900, includes two separate residences with four bedrooms in one unit and three bedrooms in the other. Both units feature newer kitchens with granite countertops, vinyl windows, gas-fired forced-hot-air heat, updated electrical and plumbing, newer roof and vinyl siding, and refreshed gutters. Unit 2 has full central air conditioning, while Unit 1 has central air conditioning on the first floor.
Exterior features include a large rear yard, a rear deck stained this year, Trex decking at the front, and six off-street parking spaces. The property is located on Linden Park in Rockland, with a Walk Score of 62 and a Bike Score of 43.
Exterior features include a large rear yard, a rear deck stained this year, Trex decking at the front, and six off-street parking spaces. The property is located on Linden Park in Rockland, with a Walk Score of 62 and a Bike Score of 43.
Key Highlights
- Side‑by‑side duplex with 4BR and 3BR units
- Six off‑street parking spaces
- Newer kitchens with granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,970
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$679,400
$679.4K
Cap Rate 7%
$485,286
$485.3K
Cap Rate 9%
$377,444
$377.4K
Market Conditions
NOI Build-Up for 2,010 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.3K $25.50/SF
− Vacancy
−$2.7K −$1.36/SF
EGI
$48.5K $24.14/SF
− OpEx
−$14.6K −$7.24/SF
NOI
$34.0K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$679,400
Cap Rate 7%
$485,286
Cap Rate 9%
$377,444
Alternative Uses
Best Use
Multifamily LT 5
$485.3K
$424.6K – $566.2K
NOI $33,970 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$447.3K
$391.4K – $521.8K
NOI $31,308 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,294 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Explore this area
Business Placement
Demographics for 02370, MA
17,803
Population
7,046
Households
2.5
Avg Household Size
43
Median Age
34%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,780
Density / Sq Mi
$101,475
Median Household Income
$59,489
Median Earnings
$1,497
Median Rent
$452,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with upgraded kitchens, refreshed systems, central air, and dedicated off-street parking.
Where is this duplex located?
The property is located at 50 Linden Park Rockland, MA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 4BR and 3BR units; Six off‑street parking spaces; Newer kitchens with granite countertops
