End-Unit Residential
New
For Sale
$539,000
1284 County Street, Attleboro, MA 02703
Three-bedroom condominium with a two-car garage, gas fireplace, laundry, and landscaped patio space.
Property Size1,780 SF
Price / SF$302.81
Days on Market5
Property Features for 1284 County Street
General Information
Standard status
Active
Size
1,780 SF
Total Parking Spaces
2
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
gas fireplace
patio
laundry
Microwave
ENERGY STAR Qualified Refrigerator
ENERGY STAR Qualified Dryer
ENERGY STAR Qualified Dishwasher
Central Air
1 Fireplace
Tile
Hardwood
Central, Forced Air, Natural Gas
3.0 Stories
$6,353 Taxes
Public
Built in 2007
Building Details
Year Built
2007
Listing Agency:
Charlesgate Realty Group LLC
(617) 587-0100
Listed By:
Marie Moore Shapiro
Source:
Donahuere
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 23 at 2:23AM
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 Charlesgate Realty Group LLC
Investment Insights
Based on property information with market context.
This end-unit townhouse condominium at 1284 County Street includes 1,780 square feet of living area and was built in 2007. The main level combines the living room, kitchen, dining area, and a half bath with laundry. A gas fireplace serves as a focal point in the living area, while the dining space connects with the outdoor patio.
The upper floor contains three bedrooms and two full bathrooms. Exterior features include a private patio with landscaping, and the property includes a large two-car garage. The residence is identified as a residential income property and is located in Attleboro, Massachusetts.
The upper floor contains three bedrooms and two full bathrooms. Exterior features include a private patio with landscaping, and the property includes a large two-car garage. The residence is identified as a residential income property and is located in Attleboro, Massachusetts.
Key Highlights
- 1,780‑square‑foot end‑unit townhouse condominium
- Built in 2007
- Large two‑car garage
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
$29,563
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
5.48%
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%
$591,260
$591.3K
Cap Rate 7%
$422,329
$422.3K
Cap Rate 9%
$328,478
$328.5K
Market Conditions
NOI Build-Up for 1,780 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
$57.7K $32.40/SF
− Vacancy
−$3.9K −$2.20/SF
EGI
$53.8K $30.20/SF
− OpEx
−$24.2K −$13.59/SF
NOI
$29.6K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
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%
$591,260
Cap Rate 7%
$422,329
Cap Rate 9%
$328,478
Alternative Uses
Best Use
Apartment 5plus
$422.3K
$369.5K – $492.7K
NOI $29,563 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$948.5K – $1.26M
NOI $75,879 @ 7.0% cap · market cap 14.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 02703, MA
46,389
Population
19,014
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
90%
High-School Grad
26.8 sq mi
ZIP Area
1,731
Density / Sq Mi
$93,352
Median Household Income
$51,637
Median Earnings
$1,446
Median Rent
$409,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom condominium with a two-car garage, gas fireplace, laundry, and landscaped patio space.
Where is this residential income property located?
The property is located at 1284 County Street Attleboro, MA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 1,780‑square‑foot end‑unit townhouse condominium; Built in 2007; Large two‑car garage
