Duplex with New
For Sale
$695,000
10 Oak Avenue, Taunton, MA 02780
Two-family property with municipal utilities, natural gas service, and access to transit, shopping, highways, and parks.
Property Size1,743 SF
Days on Market109
Property Features for 10 Oak Avenue
General Information
Standard status
Active
Size
1,743 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 4BR, 1 x 3BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,716
Building Details
Building Size
1,743 SF
Year Built
1900
Buildings
1
Listing Agency:
Keller Williams Elite
(508) 695-4545
Listed By:
Daniel Mansour Barbour · License #449537458
Source:
Allisonmazer
Added: May 5
Changed: Aug 17
Last Checked: Aug 20 at 12:41PM
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 Keller Williams Elite
Investment Insights
Based on property information with market context.
This 1900-built duplex contains two separate residential units with a flexible layout suited to either owner occupancy or rental use. The first-floor residence provides four bedrooms, while the second-floor unit includes three bedrooms, giving the property substantial living space across both levels. A newly installed roof and additional exterior improvements are in place.
The property is served by municipal water and sewer along with natural gas. Its Taunton setting offers proximity to the new T station, major highway access, shopping, and local parks. A dog park is also within walking distance, adding a nearby recreational amenity to the surrounding area.
The property is served by municipal water and sewer along with natural gas. Its Taunton setting offers proximity to the new T station, major highway access, shopping, and local parks. A dog park is also within walking distance, adding a nearby recreational amenity to the surrounding area.
Key Highlights
- Two‑family duplex with separate first- and second‑floor residences
- First‑floor unit includes 4 bedrooms; second‑floor unit includes 3 bedrooms
- Newly installed roof plus additional exterior updates
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
$31,149
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
4.48%
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%
$622,980
$623.0K
Cap Rate 7%
$444,986
$445.0K
Cap Rate 9%
$346,100
$346.1K
Market Conditions
NOI Build-Up for 1,743 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
$48.1K $27.60/SF
− Vacancy
−$3.6K −$2.07/SF
EGI
$44.5K $25.53/SF
− OpEx
−$13.3K −$7.66/SF
NOI
$31.1K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /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%
$622,980
Cap Rate 7%
$444,986
Cap Rate 9%
$346,100
Alternative Uses
Best Use
Multifamily LT 5
$445.0K
$389.4K – $519.2K
NOI $31,149 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$413.5K
$361.9K – $482.5K
NOI $28,948 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.06M
$928.8K – $1.24M
NOI $74,302 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with municipal utilities, natural gas service, and access to transit, shopping, highways, and parks.
Where is this duplex located?
The property is located at 10 Oak Avenue Taunton, MA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Two‑family duplex with separate first- and second‑floor residences; First‑floor unit includes 4 bedrooms; second‑floor unit includes 3 bedrooms; Newly installed roof plus additional exterior updates
