Duplex with Private
New
For Sale
$745,000
1-3 Lafayette Court, Plymouth, MA 02360
Two distinct floor plans include partially finished lower levels and rear off-street parking.
Property Size2,464 SF
Price / SF$302.35
Days on Market5
Property Features for 1-3 Lafayette Court
General Information
Standard status
Active
Size
2,464 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
Century 21 Tassinari & Assoc.
Listed By:
Danielle Raye Provo
(508) 728-5024
Source:
Lindorealtygroup
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:22PM
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 Century 21 Tassinari & Assoc.
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Investment Insights
Based on property information with market context.
This 2,464-square-foot duplex, built in 1900, contains two residences with private patios and off-street parking behind the building. The first unit has an open kitchen and living area, a first-floor bathroom, three second-floor bedrooms, and a partially finished basement. The second offers a kitchen connected to the living room, a ground-floor room suited to office or bedroom use, two more bedrooms and a full bathroom upstairs, plus partially finished lower-level space.
The property is minutes from downtown Plymouth and the waterfront, with schools, playgrounds, shops, restaurants, and expressway access also nearby.
The property is minutes from downtown Plymouth and the waterfront, with schools, playgrounds, shops, restaurants, and expressway access also nearby.
Key Highlights
- Two‑unit property with private patios and rear off‑street parking
- 2,464 square feet; built in 1900
- First residence has three second‑floor bedrooms and a partially finished lower level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,643
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,860
$832.9K
Cap Rate 7%
$594,900
$594.9K
Cap Rate 9%
$462,700
$462.7K
Market Conditions
NOI Build-Up for 2,464 SF
Gross rent
$62.8K $25.50/SF
− Vacancy
−$3.3K −$1.36/SF
EGI
$59.5K $24.14/SF
− OpEx
−$17.8K −$7.24/SF
NOI
$41.6K $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%
$832,860
Cap Rate 7%
$594,900
Cap Rate 9%
$462,700
Alternative Uses
Best Use
Multifamily LT 5
$594.9K
$520.5K – $694.1K
NOI $41,643 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$548.3K
$479.7K – $639.7K
NOI $38,379 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,108 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
Demographics for 02360, MA
61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
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 distinct floor plans include partially finished lower levels and rear off-street parking.
Where is this duplex located?
The property is located at 1-3 Lafayette Court Plymouth, MA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Two‑unit property with private patios and rear off‑street parking; 2,464 square feet; built in 1900; First residence has three second‑floor bedrooms and a partially finished lower level
