Property profile

34 Mt Pleasant St Rockport, MA 01966

OFF-MARKET
Other commercial real estate
Property ID
US38-1223761
3,208 SF Built 1832
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Located in Rockport, Massachusetts (Essex County), this property was renovated and historically operated as a fully automated six-room inn. The inn configuration includes six guest rooms, each with a sitting area and an en-suite bathroom, along with shared amenities that include a living room and an outdoor patio. The property sits near Bearskin Neck shopping district, Shalin Liu Performance Center, Old Garden Beach, and The Headlands oceanside park, and provides ample off-street parking. A separate owner’s unit is included, with space that can function as an additional unit (potential seventh unit) and comprises a kitchen/dining area, living room, den, bedroom, one and a half bathrooms, a laundry area, and a private fenced yard. The building also includes a third-floor area that could be renovated to create additional guest rooms, depending on configuration needs.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1832
Total area 3,208 SF
Zoning code R3
APN ROCK M:22 B:1 L:66
UPID US38-1223761

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

34 Mt Pleasant St Rockport, MA 01966-1713
Rockport metro Census 220101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.00M
Comparable Approach Comparable
$806k
Blend (final) Blend
$1.05M

Owner & transaction history

since 2021
Last sale
$825,000
7 recorded transactions
2026
Price N/A
2021
$825,000
2015
$630,000
2013
$1
2010
$610,000
2001
$545,000
1998
$530,000

Zoning & alternative use

R3 · Rockport, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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