Two-Unit Duplex with In-Ground
New
For Sale
$799,000
11 Summit Road, Southborough, MA 01772
Two attached living areas offer a separate one-bedroom apartment alongside a larger residence.
Property Size2,586 SF
Lot Size1.40 Acres
Price / SF$308.97
Days on Market6
Property Features for 11 Summit Road
General Information
Standard status
Active
Size
2,586 SF
Lot size
1.40 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 4BR+office, 2.5BA, 1 x 1BR, 1BA
Multifamily Units
2
Additional Details
Road Access
Yes
Amenities
composite deck
in-ground pool
Building Details
Year Built
1967
Buildings
1
Listing Agency:
Annie Pfaff, Gibson Sotheby's International Realty
Listed By:
Team Blue
(978) 658-8828
Source:
Northofbostonhome
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 5 at 7:07PM
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 Annie Pfaff, Gibson Sotheby's International Realty
Investment Insights
Based on property information with market context.
This duplex contains 2,586 square feet across two attached living spaces on a 1.4-acre lot. The main residence has four bedrooms, an office, 2.5 baths, an eat-in kitchen, formal dining room, separate family and living rooms, and a primary suite. A dedicated first-floor laundry room also serves as a pantry. The second unit provides one bedroom, one bath, an eat-in kitchenette, and a living room.
A composite deck overlooks the in-ground pool. Built in 1967, the property is zoned RA and is located on Summit Road in Southborough, with access to schools noted as nearby in the listing information.
A composite deck overlooks the in-ground pool. Built in 1967, the property is zoned RA and is located on Summit Road in Southborough, with access to schools noted as nearby in the listing information.
Key Highlights
- Two attached units: a four‑bedroom residence with office and a one‑bedroom apartment
- 2,586 square feet of combined living area
- 1.4‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,957
Cap Rate
4.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,140
$699.1K
Cap Rate 7%
$499,386
$499.4K
Cap Rate 9%
$388,411
$388.4K
Market Conditions
NOI Build-Up for 2,586 SF
Gross rent
$51.2K $19.80/SF
− Vacancy
−$1.3K −$0.49/SF
EGI
$49.9K $19.31/SF
− OpEx
−$15.0K −$5.79/SF
NOI
$35.0K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,140
Cap Rate 7%
$499,386
Cap Rate 9%
$388,411
Alternative Uses
Best Use
Multifamily LT 5
$499.4K
$437.0K – $582.6K
NOI $34,957 @ 7.0% cap · market cap 4.38%
Second Best
Apartment 5plus
$434.6K
$380.3K – $507.0K
NOI $30,422 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$883.1K
$772.7K – $1.03M
NOI $61,816 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 01772, MA
10,017
Population
3,571
Households
2.8
Avg Household Size
43
Median Age
75%
College-Educated
98%
High-School Grad
13.6 sq mi
ZIP Area
737
Density / Sq Mi
$196,680
Median Household Income
$97,457
Median Earnings
$2,425
Median Rent
$816,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two attached living areas offer a separate one-bedroom apartment alongside a larger residence.
Where is this duplex located?
The property is located at 11 Summit Road Southborough, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two attached units: a four‑bedroom residence with office and a one‑bedroom apartment; 2,586 square feet of combined living area; 1.4‑acre lot
