Two-Family Home with Finished
For Sale
$828,000
14-16 Moore St, Quincy, MA 02169
Move-in and rental-ready two-family residence with efficient gas heat, finished basement, and a low-maintenance paved yard.
Property Size2,754 SF
Price / SF$300.65
Days on Market84
Property Features for 14-16 Moore St
General Information
Standard status
Active
Size
2,754 SF
Total Parking Spaces
6
Property subtype
Multi-Family
Zoning
PUDRES
Net Operating Income
$64,812
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,616
Building Details
Building Size
2,754 SF
Year Built
1930
Stories
4
Tenancy
Multi
Listing Agency:
Stephen Cefalo Real Estate
(833) 668-4649
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: Jun 12
Changed: Sep 3
Last Checked: Jul 13 at 4:51AM
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 Stephen Cefalo Real Estate
Investment Insights
Based on property information with market context.
This two-family home offers a practical, well-proportioned layout in each unit, supported by an efficient gas heating system. The property includes a walk-up attic and a finished basement, creating flexible space that can serve storage, a home office, or additional living/recreation needs, subject to local regulations. Outside, the yard is paved and designed for low maintenance.
The home is described as being in the heart of town, with public transportation within a short walk. It is also presented as only minutes from Stop & Shop and nearby restaurants and everyday amenities, supporting day-to-day convenience for tenants or an owner-occupant.
For buyers looking to own a straightforward rental property, the configuration and ready-to-occupy condition may fit investors seeking an income-oriented asset. Owner-occupants may also value the two-family structure for multi-generational living or the ability to offset housing costs with a separate unit, while the attic and finished basement add additional usable space. As always, any use of the flexible areas for additional income would be subject to local regulations.
The home is described as being in the heart of town, with public transportation within a short walk. It is also presented as only minutes from Stop & Shop and nearby restaurants and everyday amenities, supporting day-to-day convenience for tenants or an owner-occupant.
For buyers looking to own a straightforward rental property, the configuration and ready-to-occupy condition may fit investors seeking an income-oriented asset. Owner-occupants may also value the two-family structure for multi-generational living or the ability to offset housing costs with a separate unit, while the attic and finished basement add additional usable space. As always, any use of the flexible areas for additional income would be subject to local regulations.
Key Highlights
- Two‑family residence built in 1930 with efficient gas heating
- Move‑in and rental‑ready property with spacious, well‑proportioned rooms
- Finished basement adds extra usable space for recreation or a home office
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
$46,504
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
5.62%
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%
$930,080
$930.1K
Cap Rate 7%
$664,343
$664.3K
Cap Rate 9%
$516,711
$516.7K
Market Conditions
NOI Build-Up for 2,754 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
$71.1K $25.80/SF
− Vacancy
−$4.6K −$1.68/SF
EGI
$66.4K $24.12/SF
− OpEx
−$19.9K −$7.24/SF
NOI
$46.5K $16.89/SF
Area
Quincy, MA
Vacancy
6.50%
Lease Rate
$25.80 /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%
$930,080
Cap Rate 7%
$664,343
Cap Rate 9%
$516,711
Alternative Uses
Best Use
Multifamily LT 5
$664.3K
$581.3K – $775.1K
NOI $46,504 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$610.2K
$533.9K – $711.9K
NOI $42,715 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,950 @ 7.0% cap · market cap 13.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
Explore this area
Business Placement
Demographics for 02169, MA
62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
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 - Move-in and rental-ready two-family residence with efficient gas heat, finished basement, and a low-maintenance paved yard.
Where is this duplex located?
The property is located at 14-16 Moore St Quincy, MA.
What is the asking price?
The asking price for this property is $828,000.
What are key features of this property?
This property features: Two‑family residence built in 1930 with efficient gas heating; Move‑in and rental‑ready property with spacious, well‑proportioned rooms; Finished basement adds extra usable space for recreation or a home office
