Renovated Three-Family
New
For Sale
$950,000
10 Stuart Street, Hyannis, MA 02601
Multi-Family, Hyannis, MA
Property Size1,656 SF
Lot Size0.13 Acres
Price / SF$573.67
Days on Market3
Property Features for 10 Stuart Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
DN
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 1, Basement
Parking
8
Parking features
Off Street
Exterior features
Private Yard
Fencing
Fenced
Basement
Partial
Appliances
Water Heater, Gas Range, Refrigerator
Elementary school district
Barnstable
Middle school district
Barnstable
High school district
Barnstable
Directions
STUAT ST IS OFF OF SPRING ST
Subdivision
Barnstable
Standard status
Active
APN
HYAN M:0327 B:0043 L:0000
Size
1,656 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3389
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1930
Floors in Building
1
Number of units
3
Flooring type
Laminate, Hardwood
Building materials
Vinyl Siding, Clapboard
Roof type
Shingle, Asphalt
Listing Agency:
Mega Realty Services, Inc.
(508) 665-4004
Listed By:
Mario A Neno · License #449519705
(978) 201-9691
Added: Sep 13
Changed: Sep 15
Last Checked: Sep 15 at 3:06PM
MLS# 22604606
Copyright © 2026 Cape Cod & Islands Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-family triplex in Hyannis offers 1,656 square feet on a 0.13-acre lot. The property was completely renovated in 2025 and includes updated entry porches, low-maintenance landscaping, a fenced private yard, and pea-stone off-street parking for 8 cars. Vinyl siding and clapboard, laminate and hardwood flooring, forced-air natural-gas heat, and a shingle and asphalt roof are among the existing improvements.
The property is positioned on a private road near Main Street, the hospital, Hyannis Harbor, and ferries to Nantucket. Public water and public sewer serve the property. The building dates to 1930 and includes three bathrooms, six bedrooms, a basement, a gas range, a refrigerator, and a water heater. The sale is offered as a bundle with a single-family property identified as MLS22604599.
The property is positioned on a private road near Main Street, the hospital, Hyannis Harbor, and ferries to Nantucket. Public water and public sewer serve the property. The building dates to 1930 and includes three bathrooms, six bedrooms, a basement, a gas range, a refrigerator, and a water heater. The sale is offered as a bundle with a single-family property identified as MLS22604599.
Key Highlights
- Three‑family triplex completely renovated in 2025
- 1,656 square feet on a 0.13‑acre lot
- Off‑street pea‑stone parking for 8 cars
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
$36,915
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
3.89%
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%
$738,300
$738.3K
Cap Rate 7%
$527,357
$527.4K
Cap Rate 9%
$410,167
$410.2K
Market Conditions
NOI Build-Up for 1,656 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
$54.6K $33.00/SF
− Vacancy
−$1.9K −$1.16/SF
EGI
$52.7K $31.85/SF
− OpEx
−$15.8K −$9.55/SF
NOI
$36.9K $22.29/SF
Area
Barnstable County, MA
Vacancy
3.50%
Lease Rate
$33.00 /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%
$738,300
Cap Rate 7%
$527,357
Cap Rate 9%
$410,167
Alternative Uses
Best Use
Multifamily LT 5
$527.4K
$461.4K – $615.3K
NOI $36,915 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$474.0K
$414.8K – $553.1K
NOI $33,183 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$674.8K
$590.5K – $787.3K
NOI $47,238 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,032
Businesses Nearby
Explore this area
Business Placement
Demographics for 02601, MA
16,487
Population
9,077
Households
1.8
Avg Household Size
43
Median Age
28%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$62,989
Median Household Income
$36,183
Median Earnings
$1,629
Median Rent
$408,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family property with updated porches, off-street parking, public utilities, and a private yard near Hyannis amenities.
Where is this triplex located?
The property is located at 10 Stuart Street Hyannis, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑family triplex completely renovated in 2025; 1,656 square feet on a 0.13‑acre lot; Off‑street pea‑stone parking for 8 cars
