This expansive 2-family duplex boasts a prime location in a desirable Rockland neighborhood, bordering Norwell, Hanover, and close to Hingham. Ideal for investors or occupants seeking dual income, the property offers a vacant unit with 3 bedrooms and 1 bathroom, alongside a rented 5-bedroom, 1-bathroom, 3-floor townhouse-style unit fetching $3,740/month. With potential gross annual earnings of $84,000 when fully occupied, the property features hardwood flooring, freshly painted interiors, renovated bathrooms and kitchens, spacious layouts, garage parking, ample space for 10 additional cars, yard space, storage, and separate heating systems. Enjoy proximity to a golf course, easy highway access, shopping, and dining, making it a lucrative opportunity for owner-occupants or investors alike.
This home has been viewed 164 times
Last Checked: February 14th, 2025 at 5:19am (Source: MLS PIN #73208317)
Gross Income: $44,880
Gross Expenses: $9,948
Net Income Calc: $34,932
CAP Rate: 3.93%
Annual Expenses for 130 East Water St, Rockland MA 02370
Total Gross Expenses (Calculated)$9,948/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,948
Annual Income & Unit Breakdown for 130 East Water St, Rockland MA 02370
Total Gross Income (Calculated)$44,880
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$3,740
LeaseY
Bedrooms5
Bathrooms1 Full
Floor1
Levels in Unit3
HeatingNo
Rent Includes
General Information for 130 East Water St, Rockland MA 02370
Listing ID73208317
Property TypeMulti Family
Price$889,000 ($275.74/SqFt)
StyleMulti Family
CityRockland
CountyPlymouth
MLS Area
Neighborhood(s)
Approximate Living Area Total3,224 SqFt
Approximate Lot Size (Acres)0.25 acres
Total Parking12 (2 Garage)
Garage Parking2 / Detached
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningRESIDE
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 130 East Water St, Rockland MA 02370
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$44,880
Total Net Income By Broker$44,880
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%
Facilitator Compensation2%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 130 East Water St, Rockland MA 02370
Real Estate Taxes$9,948
Tax Year2023
Assessed Value$653,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$44,880
BostonRealEstate.com Gross Income
Total Net Income By Broker$44,880
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.93%
Location Information for 130 East Water St, Rockland MA 02370
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 130 East Water St, Rockland MA 02370