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2-Unit Duplex with Garage
For Sale
$850,000

11 & 11A Gate Way Street, South Yarmouth, MA 02664

Multi-Family, South Yarmouth, MA

Property Size1,896 SF
Lot Size0.23 Acres
Price / SF$448.31
Days on Market62

Property Features for 11 & 11A Gate Way Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description RES
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2
Parking 3
Parking features Driveway, Open
Patio and Porch features Patio, Porch
Exterior features Private Yard
Fireplace 1
Appliances Water Heater, Gas Range, Electric Range, Dishwasher, Microwave, Refrigerator
Subdivision Gateway Isles
Elementary school district Dennis-Yarmouth
Middle school district Dennis-Yarmouth
High school district Dennis-Yarmouth
Directions RTE 28 to Seaview to right on Gate Way. property is on the left.
Standard status Active
APN YARM M:0025 B:0004 L:0000
Size 1,896 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4151

Utilities

Sewer type Septic Tank
Heating system Forced Air, Natural Gas
Water source Public

Amenities

laundry
wood-burning fireplace
attached garage

Building Details

Year built 1971
Floors in Building 1
Number of units 2
Flooring type Carpet, Tile, Hardwood
Building materials Vinyl Siding, Clapboard
Roof type Asphalt
Listing Agency: Keller Williams Realty
Listed By: Scott Zaino Group
Added: Aug 10 Changed: Oct 7 Last Checked: Oct 10 at 6:06AM
MLS# 22603870

Copyright © 2026 Cape Cod & Islands Association of REALTORS®, 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 1,896-square-foot duplex contains two separate residences, each with two bedrooms and a full bathroom. Both include laundry and natural-gas forced-air heat. One residence has hardwood flooring, an open kitchen and dining area, a family room with a wood-burning fireplace, and an attached garage. The other features an oversized kitchen and a bright family room. The property also has a patio, porch, private yard, and driveway parking.

Set on a 0.23-acre lot in South Yarmouth, the property is 0.3 miles from four warm-water beaches along Nantucket Sound. Built in 1971, it is served by public water and a septic system. The two-residence configuration supports separate household use or rental of one or both units.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 full bath
  • 1,896 square feet on a 0.23‑acre lot
  • One residence includes a wood‑burning fireplace and attached garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,265
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,300 $845.3K
Cap Rate 7%
$603,786 $603.8K
Cap Rate 9%
$469,611 $469.6K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$62.6K $33.00/SF
− Vacancy
−$2.2K −$1.16/SF
EGI
$60.4K $31.85/SF
− OpEx
−$18.1K −$9.55/SF
NOI
$42.3K $22.29/SF
Area
Barnstable County, MA
Vacancy
3.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,300
Cap Rate 7%
$603,786
Cap Rate 9%
$469,611

Alternative Uses

Best Use
Multifamily LT 5
$603.8K
$528.3K – $704.4K (±1% cap)
NOI $42,265 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$542.8K
$474.9K – $633.2K (±1% cap)
NOI $37,993 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$772.6K
$676.1K – $901.4K (±1% cap)
NOI $54,084 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Building Supply Auto Repair Shop Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

Demographics for 02664, MA

9,935
Population
7,185
Households
1.4
Avg Household Size
55
Median Age
38%
College-Educated
95%
High-School Grad
7.0 sq mi
ZIP Area
1,419
Density / Sq Mi
$78,796
Median Household Income
$43,285
Median Earnings
$1,692
Median Rent
$479,400
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide four bedrooms, two full baths, laundry, and natural-gas forced-air heat.
Where is this duplex located?
The property is located at 11 & 11A Gate Way Street South Yarmouth, MA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bath; 1,896 square feet on a 0.23‑acre lot; One residence includes a wood‑burning fireplace and attached garage
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