Duplex with Finished
For Sale
$710,000
Pending
12 James St, Taunton, MA 02780
Two three-bedroom units offer separate utilities, generous living areas, and distinct outdoor features.
Property Size2,854 SF
Days on Market134
Property Features for 12 James St
General Information
Standard status
Pending
Size
2,854 SF
Total Parking Spaces
6
Property subtype
Multi-Family
Zoning
URBRES
Units
Unit Mix
2 x 3BR/1BA
Multifamily Units
2
Amenities
sunken sunroom
private balcony
finished basement
bar
pool table
fully fenced yard
sheds
Building Details
Building Size
2,854 SF
Year Built
1910
Buildings
1
Stories
2
Listing Agency:
Keller Williams Elite
(508) 695-4545
Listed By:
Tiffany Weigold · License #9566928
Source:
Cjbarrett
Added: Apr 20
Changed: Aug 30
Last Checked: Aug 30 at 1:02PM
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 Keller Williams Elite
Investment Insights
Based on property information with market context.
This two-family property at 12 James St includes two spacious units, each arranged with 3 bedrooms, 1 full bath, and expansive living areas with double parlors. Unit 1 adds a sunken sunroom and mini split, while Unit 2 includes a private balcony. Separate utilities serve each residence.
The finished basement expands the property’s usable space with a full bath, bar, pool table, and substantial storage. Exterior features include a fully fenced yard, driveway access with off-street parking, and two storage sheds. Built in 1910 and zoned URBRES, the property combines a two-unit layout with additional finished and outdoor areas in Taunton, Massachusetts.
The finished basement expands the property’s usable space with a full bath, bar, pool table, and substantial storage. Exterior features include a fully fenced yard, driveway access with off-street parking, and two storage sheds. Built in 1910 and zoned URBRES, the property combines a two-unit layout with additional finished and outdoor areas in Taunton, Massachusetts.
Key Highlights
- Two‑unit property with 3 bedrooms and 1 full bath in each residence
- Finished basement includes a full bath, bar, pool table, and abundant storage
- Separate utilities serve the two residential units
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
$51,004
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
7.18%
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%
$1,020,080
$1.0M
Cap Rate 7%
$728,629
$728.6K
Cap Rate 9%
$566,711
$566.7K
Market Conditions
NOI Build-Up for 2,854 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
$78.8K $27.60/SF
− Vacancy
−$5.9K −$2.07/SF
EGI
$72.9K $25.53/SF
− OpEx
−$21.9K −$7.66/SF
NOI
$51.0K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
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%
$1,020,080
Cap Rate 7%
$728,629
Cap Rate 9%
$566,711
Alternative Uses
Best Use
Multifamily LT 5
$728.6K
$637.6K – $850.1K
NOI $51,004 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$677.1K
$592.5K – $790.0K
NOI $47,400 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$1.74M
$1.52M – $2.03M
NOI $121,663 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Market
Vacancy Rate% for Multifamily 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?
Duplex - Two three-bedroom units offer separate utilities, generous living areas, and distinct outdoor features.
Where is this duplex located?
The property is located at 12 James St Taunton, MA.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Two‑unit property with 3 bedrooms and 1 full bath in each residence; Finished basement includes a full bath, bar, pool table, and abundant storage; Separate utilities serve the two residential units
