Stoughton Condo with Office
For Sale
$244,900
Pending
10 Porter St #C, Stoughton, MA 02072
Luxurious condo with modern design and dedicated office area.
Property Size1,237 SF
Days on Market123
Property Features for 10 Porter St #C
General Information
Standard status
Pending
Size
1,237 SF
Property subtype
Commercial
Zoning
CBD, Legal Conforming
Taxes and HOA fees
Annual Taxes
$5,859
Building Details
Building Size
1,237 SF
Year Built
2006
Listing Agency:
Century 21 Limitless
(508) 726-3492
Listed By:
Kyle Seyboth · License #32535
(508) 726-3492
Source:
Thefirmreg
Added: Apr 26
Changed: Aug 25
Last Checked: Aug 24 at 1:11PM
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 Limitless
Investment Insights
Based on property information with market context.
This meticulously designed condo in Stoughton offers contemporary living. The first-level residence features one bedroom and one bathroom. The kitchen includes granite countertops, a stylish bar stool counter, and a bright backsplash. The dining room features benches integrated into the wall. The master bedroom offers a spacious closet area and built-in storage cabinets. A dedicated small business office area is available for professionals looking to work from home or run a small business. One pet 50 pounds or under is allowed per unit. The bike score is 30, indicating it is somewhat bikeable, and the walk score is 0, indicating it is car-dependent.
Key Highlights
- Luxurious, contemporary condo with modern fixtures and sleek appliances.
- Dedicated small business office area, ideal for working from home.
- First‑level unit for easy access.
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
$11,949
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
4.88%
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%
$238,980
$239.0K
Cap Rate 7%
$170,700
$170.7K
Cap Rate 9%
$132,767
$132.8K
Market Conditions
NOI Build-Up for 1,237 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
$20.8K $16.80/SF
− Vacancy
−$1.7K −$1.34/SF
EGI
$19.1K $15.46/SF
− OpEx
−$7.2K −$5.80/SF
NOI
$11.9K $9.66/SF
Area
Norfolk County, MA
Vacancy
8.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
37.50%
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%
$238,980
Cap Rate 7%
$170,700
Cap Rate 9%
$132,767
Alternative Uses
Best Use
Office B
$387.8K
$339.3K – $452.4K
NOI $27,144 @ 7.0% cap · market cap 11.08%
Second Best
Mixed Use
$170.7K
$149.4K – $199.2K
NOI $11,949 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$732.3K
$640.8K – $854.4K
NOI $51,261 @ 7.0% cap · market cap 20.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
854
Businesses Nearby
Explore this area
Business Placement
Demographics for 02072, MA
29,281
Population
11,346
Households
2.6
Avg Household Size
44
Median Age
41%
College-Educated
91%
High-School Grad
16.1 sq mi
ZIP Area
1,819
Density / Sq Mi
$104,164
Median Household Income
$55,250
Median Earnings
$1,993
Median Rent
$496,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Live-work space - Luxurious condo with modern design and dedicated office area.
Where is this live-work space located?
The property is located at 10 Porter St #C Stoughton, MA.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: Luxurious, contemporary condo with modern fixtures and sleek appliances.; Dedicated small business office area, ideal for working from home.; First‑level unit for easy access.
