Two-Family Residential Income
103 Cote Rd Monson, MA 01057
103 Cote Rd, Monson, MA, 01057
$300,000
For Sale
$300,000
Two units share the same floor plan, with basement space and separate utilities for each unit.
Property Size1,728 SF
Price / SF$173.61
Days on Market67
Property Features for 103 Cote Rd
General Information
- Standard status
- Active
- Size
- 1,728 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1968
Listing agency
Tammy Arute
(860) 916-0303
Listed by
Jordan Healy
(413) 717-0635
Source
Lockandkeyre
Added: May 17 Updated: Jul 21 at 7:56PM Checked: Jul 22 at 5:00AM
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 Tammy Arute
Investment Insights
Based on property information with market context.
This two-family home features two units that offer the same floor plan. Each unit includes space in the basement and has separate utilities.
Tenants are currently month to month. Please allow 24 hours’ notice for showings.
The property is presented for sale as a residential income duplex.
Tenants are currently month to month. Please allow 24 hours’ notice for showings.
The property is presented for sale as a residential income duplex.
Key Highlights
- Two‑family home built in 1968
- Both units share the same floor plan
- Each unit has basement space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.2k | $19.80 |
| − Vacancy | −$1.9k | −$1.09 |
| EGI | $32.3k | $18.71 |
| − OpEx | −$9.7k | −$5.61 |
| NOI | $22.6k | $13.10 |
1,728 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$323.3K
$282.9K – $377.2K
NOI $22,633 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$299.6K
$262.2K – $349.6K
NOI $20,975 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$1.07M
$931.9K – $1.24M
NOI $74,550 @ 7.0% cap · market cap 24.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two units share the same floor plan, with basement space and separate utilities for each unit.
Where is this duplex located?
The property is located at 103 Cote Rd Monson, MA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two‑family home built in 1968; Both units share the same floor plan; Each unit has basement space
