Duplex with Updated
For Sale
$695,000
10 Oak Avenue, Taunton, MA 02780
Residential Income, Taunton, MA
Property Size1,743 SF
Lot Size0.24 Acres
Price / SF$398.74
Days on Market146
Property Features for 10 Oak Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
URBRES
Bedrooms
7
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2
Parking
4
Directions
Oak Street to Oak Avenue. Please use personal GPS.
Standard status
Active
APN
M:77 L:9 U:,2979559
Size
1,743 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4716
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Elite · Keller Williams Realty
(508) 695-4545
Added: May 5
Changed: Sep 12
Last Checked: Sep 26 at 11:06PM
MLS# 73512555
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This two-family duplex contains 1,743 square feet on a 0.24-acre lot and was built in 1900. The first-floor residence includes four bedrooms, while the upper unit has three bedrooms, creating distinct layouts within the same building. A newly installed roof and additional exterior updates are in place. Municipal water, municipal sewer, and natural gas serve the property, which is zoned URBRES.
The property is located at 10 Oak Avenue in Taunton, near the new T station, major highway access, shopping, and local parks. A dog park is within walking distance. The two-unit configuration supports either owner occupancy with a separate residence or continued use as a residential income property.
The property is located at 10 Oak Avenue in Taunton, near the new T station, major highway access, shopping, and local parks. A dog park is within walking distance. The two-unit configuration supports either owner occupancy with a separate residence or continued use as a residential income property.
Key Highlights
- Two‑family duplex with 1,743 square feet of building area
- First‑floor unit includes 4 bedrooms; second‑floor unit includes 3 bedrooms
- Newly installed roof with 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
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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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide four bedrooms on the first floor and three bedrooms upstairs.
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 1,743 square feet of building area; First‑floor unit includes 4 bedrooms; second‑floor unit includes 3 bedrooms; Newly installed roof with additional exterior updates
