Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18 Aldrich Rd Bridgewater, MA 02324

    Sponsored
    For Sale
    $699,990

    MULTI_FAMILY - Bridgewater, MA

    Property size:
    2,023 SF
    Lot size:
    2.00 Acres
    Days on Market:
    65
    Last Refresh:
    Feb 19 at 8:06 pm

    Property Features for 18 Aldrich Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Reb
    Rooms
    Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 6, Bathroom 1
    Bedrooms
    6
    Bathrooms
    2
    APN
    929066
    Parking
    6
    Size
    2,023 SF
    Lot size
    2.00 Acres

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    2

    We can help!

    Listing Contact
    Grace Sheehan

    Showcase R P LLC Dba Keller Williams Realty (781) 843-3200

    Listing agent Steve Zeboski

    Listing date Dec 17, 2025

    MLS# 73436148 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Duplex on Two Acres

    This newly renovated two-family property is situated on two acres of land in a vibrant college community. Located close to shopping, the commuter rail, Route 18, and Bridgewater State University, the property offers convenient access to local amenities. Each unit features three bedrooms and one bathroom, a family room, and an eat-in kitchen. Note that one of the bedrooms in unit #2 does not have a closet. The property includes separate electric meters and heating utilities for each unit. Recent upgrades include mini-split heat and AC systems, new kitchens, new appliances, updated bathrooms, new floors, new windows, and new electrical wiring throughout the house. A new septic system has been installed. The roof is approximately 15 years old. Laundry hookups are located in the separate basement. Ample parking is available. The property is suitable for owner occupancy with rental potential or as a rental property. The potential market rent is $6,500+ per month. The property size is 2,023 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bridgewater
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.989658
    Latitude
    41.996511

    Nearby Similar for Sale

    • $925,000
      2,812 SF

      Bridgewater Multi-Family Investment Opportunity

      Value-add three-family property near Bridgewater State University and downtown.
      47 Hale St, Bridgewater, MA 02324
      View Details
    • $499,900
      1,636 SF

      Bridgewater Multi-Family Home For Sale

      Three-unit residential income property in Bridgewater, Massachusetts.
      12 Perkins St, Bridgewater, MA 02324
      View Details
    • $524,900
      3,260 SF

      Mixed-Use Property in Bridgewater, MA

      Mixed-use property with restaurant and apartment near Bridgewater State.
      128 Broad St, Bridgewater, MA 02324
      View Details
    • Contact for pricing

      Updated Multi-Unit Property on Acreage

      Well-maintained multi-unit property with updates and a large barn.
      86 Wall St, Bridgewater, MA 02324
      View Details
    • Contact for pricing

      Well-Maintained Two-Family with Garage

      Two-family property with oversized garage and finished storage space.
      464-466 Main St, Bridgewater, MA 02324
      View Details
    • $629,000

      Split Level Duplex Near BSU

      Split level duplex near BSU, ideal for investors or owner-occupants.
      465-475 Laurel St, Bridgewater, MA 02324
      View Details
    • Contact for pricing

      Four-Unit Multifamily Near University

      Four-unit multifamily property near Bridgewater State University and Commuter Rail.
      484-486 Main St, Bridgewater, MA 02324
      View Details
    • Contact for pricing

      Bridgewater Two-Family with Barn

      Two-family property near Bridgewater State University with barn.
      130 Maple Ave, Bridgewater, MA 02324
      View Details
    • Contact for pricing

      Unique Bridgewater Four-Family Property

      Well-maintained four-family property with separate utilities and unique apartments.
      74 Mount Prospect St, Bridgewater, MA 02324
      View Details
    • Contact for pricing

      Spacious Two-Family Home Near Center

      7-bedroom two-family home on half-acre lot near Bridgewater Center.
      116 Center St, Bridgewater, MA 02324
      View Details
    • Contact for pricing
      1,011 SF

      Bridgewater Condo with Utilities Included

      Two-bedroom condo in desirable location with included utilities.
      220 Bedford St, Bridgewater, MA 02324
      View Details
    • $2,000,000
      2.50 Acres

      Thriving Junkyard & Auto Business

      Bridgewater, MA: Turnkey Junkyard Operation
      Confidential Way, Bridgewater, MA 02333
      View Details

    FAQs

    What type of property is this?
    Duplex - Newly renovated duplex in a vibrant college community.
    Where is this duplex located?
    The property is located at 18 Aldrich Rd Bridgewater, MA.
    What is the asking price?
    The asking price for this property is $699,990.
    What are key features of this property?
    This property features: - Potential rental income of $6,500+ per month.; - **Newly renovated 2-family property with new kitchens, bathrooms, appliances, floors, windows, and electrical wiring.**; - Two acres of land in a vibrant college community near shopping, commuter rail, RT 18, and Bridgewater State University.
    (781) 843-3200
    Request Owner's contact information
    18 Aldrich Rd Bridgewater, MA 02324
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18 Aldrich Rd
    Bridgewater, MA 02324
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18 Aldrich Rd Bridgewater, MA 02324
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Grace Sheehan
    (781) 843-3200
    Learn more
    Google sign-in failed. Please try again or use another login method.