Milton Two-Family
For Sale
$999,900
Pending
6 Verndale Rd, Milton, MA 02186
Two-family home in Milton with updated systems and parking.
Property Size2,521 SF
Days on Market100
Property Features for 6 Verndale Rd
General Information
Standard status
Pending
Size
2,521 SF
Property subtype
Multi Family Home
Building Details
Year Built
1910
Listing Agency:
Coldwell Banker Realty - Dorchester
(617) 817-6602
Listed By:
Kerry Dowlin
(617) 817-6602
Source:
Alliancepartnersre
Added: Apr 23
Changed: Jul 10
Last Checked: Jul 23 at 7:07AM
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 Coldwell Banker Realty - Dorchester
Investment Insights
Based on property information with market context.
This two-family home in Milton presents an opportunity for either owner occupancy or investment. The first-floor apartment has been recently refinished, featuring fresh paint, hardwood floors, and a new kitchen. The upper duplex apartment includes four bedrooms spread across two levels, offering ample space or potential for additional rental income. The ground floor unit contains two bedrooms and a bonus sunroom adjacent to the living room, suitable for use as a home office. Each apartment is equipped with in-unit laundry. Additional features include off-street parking, updated systems, and newer back decks. The property size is 2521 square feet.
Key Highlights
- Turn‑key two‑family property suitable for homeownership or investment.
- Newly refinished first‑floor apartment with new kitchen and hardwood floors.
- Upper duplex with four bedrooms over two levels, offering ample space or rental income potential.
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 | $68.1k | $27.00 |
| − Vacancy | −$3.6k | −$1.41 |
| EGI | $64.5k | $25.59 |
| − OpEx | −$19.4k | −$7.68 |
| NOI | $45.2k | $17.91 |
2,521 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$645.1K
$564.5K – $752.7K
NOI $45,160 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$595.2K
$520.8K – $694.5K
NOI $41,667 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,470 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
Explore this area
Business Placement
Demographics for 02186, MA
28,637
Population
9,447
Households
3
Avg Household Size
41
Median Age
70%
College-Educated
96%
High-School Grad
13.7 sq mi
ZIP Area
2,090
Density / Sq Mi
$177,222
Median Household Income
$83,510
Median Earnings
$1,545
Median Rent
$896,500
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 - Two-family home in Milton with updated systems and parking.
Where is this duplex located?
The property is located at 6 Verndale Rd Milton, MA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Turn‑key two‑family property suitable for homeownership or investment.; Newly refinished first‑floor apartment with **new kitchen and hardwood floors.**; Upper duplex with **four bedrooms over two levels**, offering ample space or rental income potential.
