Two-Family
New
For Sale
$469,000
14 Prospect St, Webster, MA 01570
Two residential units sit within reach of downtown Webster and everyday services.
Property Size2,832 SF
Price / SF$165.61
Days on Market6
Property Features for 14 Prospect St
General Information
Standard status
Active
Size
2,832 SF
Property subtype
2 Family - 2 Units Up/Down
Additional Details
Multifamily Units
2
Building Details
Building Size
2,832 SF
Year Built
1900
Listing Agency:
IVerty Realty, LLC
Listed By:
Mela Dieujuste · License #452508574
(413) 786-0584
Source:
Iverty
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 28 at 7:54AM
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 IVerty Realty, LLC
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Investment Insights
Based on property information with market context.
This two-family residential property contains 2,832 square feet and dates to 1900. Its duplex configuration places two households within one building.
The property is in Webster, near downtown, shopping, restaurants, schools, and major commuter routes.
The property is in Webster, near downtown, shopping, restaurants, schools, and major commuter routes.
Key Highlights
- Two‑family duplex configuration
- 2,832 square feet of building area
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,282
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,640
$765.6K
Cap Rate 7%
$546,886
$546.9K
Cap Rate 9%
$425,356
$425.4K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$56.1K $19.80/SF
− Vacancy
−$1.4K −$0.49/SF
EGI
$54.7K $19.31/SF
− OpEx
−$16.4K −$5.79/SF
NOI
$38.3K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,640
Cap Rate 7%
$546,886
Cap Rate 9%
$425,356
Alternative Uses
Best Use
Multifamily LT 5
$546.9K
$478.5K – $638.0K
NOI $38,282 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$475.9K
$416.5K – $555.3K
NOI $33,316 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$967.1K
$846.2K – $1.13M
NOI $67,696 @ 7.0% cap · market cap 14.43%
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
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Explore this area
Business Placement
Demographics for 01570, MA
17,776
Population
8,211
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
1,434
Density / Sq Mi
$68,934
Median Household Income
$43,595
Median Earnings
$1,135
Median Rent
$339,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units sit within reach of downtown Webster and everyday services.
Where is this duplex located?
The property is located at 14 Prospect St Webster, MA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: Two‑family duplex configuration; 2,832 square feet of building area; Built in 1900
