Renovated Duplex with Open
For Sale
$799,900
17 Mason St, Hudson, MA 01749
Two-family property with an upper level offering up to four bedrooms and connected living spaces.
Property Size2,878 SF
Days on Market42
Property Features for 17 Mason St
General Information
Standard status
Active
Size
2,878 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$10,162
Building Details
Building Size
2,878 SF
Year Built
1910
Stories
3
Units
2
Listing Agency:
Coldwell Banker Real Estate LLC
(508) 935-5064
Listed By:
Tony Cabral · License #88960
(508) 935-5064
Source:
Elliman
Added: Jul 21
Changed: Aug 31
Last Checked: Aug 30 at 5:44PM
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 Real Estate LLC
Investment Insights
Based on property information with market context.
This two-family duplex was built in 1910 and has been redone for a new owner. The second floor includes up to 4 bedrooms, plus a large kitchen, dining room, and living room organized around an open layout.
Located at 17 Mason St in Hudson, Massachusetts, the property sits on a side street and is associated with monthly income. Walk Score is 79, while Bike Score is 68, placing the property in a very walkable and bikeable setting.
Located at 17 Mason St in Hudson, Massachusetts, the property sits on a side street and is associated with monthly income. Walk Score is 79, while Bike Score is 68, placing the property in a very walkable and bikeable setting.
Key Highlights
- Two‑family duplex built in 1910
- Second floor offers up to 4 bedrooms
- Large kitchen, dining room, and living room on the upper level
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
$60,900
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
7.61%
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%
$1,218,000
$1.2M
Cap Rate 7%
$870,000
$870.0K
Cap Rate 9%
$676,667
$676.7K
Market Conditions
NOI Build-Up for 2,878 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
$91.5K $31.80/SF
− Vacancy
−$4.5K −$1.57/SF
EGI
$87.0K $30.23/SF
− OpEx
−$26.1K −$9.07/SF
NOI
$60.9K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /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%
$1,218,000
Cap Rate 7%
$870,000
Cap Rate 9%
$676,667
Alternative Uses
Best Use
Multifamily LT 5
$870.0K
$761.3K – $1.02M
NOI $60,900 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$818.0K
$715.8K – $954.4K
NOI $57,262 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,264 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 01749, MA
20,092
Population
8,560
Households
2.3
Avg Household Size
43
Median Age
47%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
1,747
Density / Sq Mi
$107,202
Median Household Income
$60,908
Median Earnings
$1,416
Median Rent
$480,300
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 property with an upper level offering up to four bedrooms and connected living spaces.
Where is this duplex located?
The property is located at 17 Mason St Hudson, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Two‑family duplex built in 1910; Second floor offers up to 4 bedrooms; Large kitchen, dining room, and living room on the upper level
