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 Market94
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
Listed By:
James Sweeney
(617) 821-6330
Source:
Elliman
Added: Jul 16
Changed: Oct 8
Last Checked: Oct 16 at 10:42AM
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
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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 / Yr
$33,970
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
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
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 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.
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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
