Duplex with Three-Lot
131 State Rd, Dartmouth, MA 02747
For Sale
New
$675,000
Two three-bedroom units feature separate front porches, a full basement with laundry, and a walk-up attic.
Property Size2,438 SF
Price / SF$276.87
Days on Market5
Property Features for 131 State Rd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
front porches
laundry
attic
backyard
Rain Gutters
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Gold Star Realty
Listed By:
Jose Freitas · License #3152694
(508) 509-3014
Source:
Berettarealty
Added: Nov 3
Last Checked: Nov 7 at 4:46AM
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 Gold Star Realty
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Investment Insights
Based on property information with market context.
This 1920 duplex contains two residential units, each with three bedrooms. The property includes a full basement with laundry, a walk-up attic, and two front porches. Vinyl siding and windows, baseboard heating, and a recently replaced roof are also noted. The building measures 2,438 square feet, and the property is zoned SRA.
The three lots are held under one deed and extend from Route 6 to Robert Street, with approximately 100 feet of frontage on Robert Street. A paved driveway and additional off-street parking are provided, with the rear parking area reached from a side-street entrance. The parcel also has a backyard; any potential additional improvements would be subject to town-permitted uses.
The three lots are held under one deed and extend from Route 6 to Robert Street, with approximately 100 feet of frontage on Robert Street. A paved driveway and additional off-street parking are provided, with the rear parking area reached from a side-street entrance. The parcel also has a backyard; any potential additional improvements would be subject to town-permitted uses.
Key Highlights
- Two three‑bedroom units in a 2,438‑square‑foot duplex
- Three lots under one deed extend from Route 6 to Robert Street
- Approximately 100 feet of frontage on Robert Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,569
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$871,380
$871.4K
Cap Rate 7%
$622,414
$622.4K
Cap Rate 9%
$484,100
$484.1K
Market Conditions
NOI Build-Up for 2,438 SF
Gross rent
$67.3K $27.60/SF
− Vacancy
−$5.0K −$2.07/SF
EGI
$62.2K $25.53/SF
− OpEx
−$18.7K −$7.66/SF
NOI
$43.6K $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 Rate 5%
$871,380
Cap Rate 7%
$622,414
Cap Rate 9%
$484,100
Alternative Uses
Best Use
Multifamily LT 5
$622.4K
$544.6K – $726.2K
NOI $43,569 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$578.4K
$506.1K – $674.9K
NOI $40,491 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M
NOI $103,929 @ 7.0% cap · market cap 15.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
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Business Placement
Demographics for 02747, MA
22,326
Population
7,339
Households
3
Avg Household Size
40
Median Age
33%
College-Educated
85%
High-School Grad
41.0 sq mi
ZIP Area
545
Density / Sq Mi
$97,665
Median Household Income
$41,015
Median Earnings
$1,384
Median Rent
$460,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bristol County, MA
Properties on Market for Duplexes in Bristol County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units feature separate front porches, a full basement with laundry, and a walk-up attic.
Where is this duplex located?
The property is located at 131 State Rd Dartmouth, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two three‑bedroom units in a 2,438‑square‑foot duplex; Three lots under one deed extend from Route 6 to Robert Street; Approximately 100 feet of frontage on Robert Street
