Two-Unit Duplex with
New
For Sale
$990,000
12 Magoni Ter, Plymouth, MA 02360
Each residence includes three legal bedrooms, a full kitchen, and private laundry.
Property Size2,913 SF
Days on Market3
Property Features for 12 Magoni Ter
General Information
Standard status
Active
Size
2,913 SF
Total Parking Spaces
8
Property subtype
Multifamily
Taxes and HOA fees
Annual Taxes
$6,246
Building Details
Building Size
2,913 SF
Year Built
1900
Listing Agency:
Conway - Hanover
(781) 534-2635
Listed By:
Brittany Cogliano
Source:
Classifiedrealtygroup
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 22 at 4:04AM
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 Conway - Hanover
Investment Insights
Based on property information with market context.
This two-family property contains two separate residences, each with three legal bedrooms, a full kitchen, generous room sizes, and its own laundry. Supporting space includes a partially finished basement and a fully insulated attic currently used as an additional room. A detached outbuilding provides extra storage or space for another use, subject to buyer due diligence and required approvals.
The property has town water and sewer. Improvements include boilers replaced in 2020, a roof approximately 7 years old, and many windows replaced approximately 5 years ago. An oversized driveway accommodates approximately 8–10 vehicles. The property is located just off Route 3A, with access to Downtown Plymouth, the waterfront, restaurants, shopping, transportation, and area amenities. Lead compliance documentation is available.
The property has town water and sewer. Improvements include boilers replaced in 2020, a roof approximately 7 years old, and many windows replaced approximately 5 years ago. An oversized driveway accommodates approximately 8–10 vehicles. The property is located just off Route 3A, with access to Downtown Plymouth, the waterfront, restaurants, shopping, transportation, and area amenities. Lead compliance documentation is available.
Key Highlights
- Two separate units, each with 3 legal bedrooms, a full kitchen, and private laundry
- Detached outbuilding with potential for an ADU, office, studio, or storage, subject to approvals
- Boilers replaced in 2020
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
$49,231
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
4.97%
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%
$984,620
$984.6K
Cap Rate 7%
$703,300
$703.3K
Cap Rate 9%
$547,011
$547.0K
Market Conditions
NOI Build-Up for 2,913 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
$74.3K $25.50/SF
− Vacancy
−$4.0K −$1.36/SF
EGI
$70.3K $24.14/SF
− OpEx
−$21.1K −$7.24/SF
NOI
$49.2K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /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%
$984,620
Cap Rate 7%
$703,300
Cap Rate 9%
$547,011
Alternative Uses
Best Use
Multifamily LT 5
$703.3K
$615.4K – $820.5K
NOI $49,231 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$648.2K
$567.2K – $756.2K
NOI $45,373 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,714 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 02360, MA
61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes three legal bedrooms, a full kitchen, and private laundry.
Where is this duplex located?
The property is located at 12 Magoni Ter Plymouth, MA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Two separate units, each with 3 legal bedrooms, a full kitchen, and private laundry; Detached outbuilding with potential for an ADU, office, studio, or storage, subject to approvals; Boilers replaced in 2020
