Updated
New
For Sale
$799,900
10 Wilkins Place, Brockton, MA 02301
Both residences have central air, and the property includes new heating and electrical systems.
Property Size2,699 SF
Price / SF$296.37
Days on Market7
Property Features for 10 Wilkins Place
General Information
Standard status
Active
Size
2,699 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Building Details
Year Built
1890
Buildings
1
Listing Agency:
Fast Plus Realty,Inc.
Listed By:
Nadege Cadet · License #449597900
(857) 261-4458
Source:
Rosenrealty
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 24 at 9:32PM
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 Fast Plus Realty,Inc.
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Investment Insights
Based on property information with market context.
Built in 1890, this duplex contains two residential units. The second-floor unit extends into the attic, adding living space. Updated interiors, central air, and new heating and electrical systems are among the property’s features.
The property is in Brockton, near shopping, dining, and transportation options.
The property is in Brockton, near shopping, dining, and transportation options.
Key Highlights
- Two residential units
- Attic space extends the second‑floor unit
- Central air
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,550
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,000
$931.0K
Cap Rate 7%
$665,000
$665.0K
Cap Rate 9%
$517,222
$517.2K
Market Conditions
NOI Build-Up for 2,699 SF
Gross rent
$69.6K $25.80/SF
− Vacancy
−$3.1K −$1.16/SF
EGI
$66.5K $24.64/SF
− OpEx
−$20.0K −$7.39/SF
NOI
$46.6K $17.25/SF
Area
Brockton, MA
Vacancy
4.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$931,000
Cap Rate 7%
$665,000
Cap Rate 9%
$517,222
Alternative Uses
Best Use
Multifamily LT 5
$665.0K
$581.9K – $775.8K
NOI $46,550 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$588.6K
$515.1K – $686.8K
NOI $41,205 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,857 @ 7.0% cap · market cap 11.23%
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
635
Businesses Nearby
Explore this area
Business Placement
Demographics for 02301, MA
69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have central air, and the property includes new heating and electrical systems.
Where is this duplex located?
The property is located at 10 Wilkins Place Brockton, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two residential units; Attic space extends the second‑floor unit; Central air
