Side-by-Side Duplex with Rear
For Sale
$779,000
19-21 Bursley Road, Weymouth, MA 02191
Two-unit residential property with separate entrances, driveways, and basement laundry and storage.
Property Size1,664 SF
Price / SF$468.15
Days on Market166
Property Features for 19-21 Bursley Road
General Information
Standard status
Active
Size
1,664 SF
Total Parking Spaces
4
Property subtype
Multi-family / 2 Family - 2 Units Side by Side
Zoning
R-2
Net Operating Income
$60,000
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,552
Amenities
rear decks
common yard
laundry
storage
City/Town Sewer, Public
No
Tile
2.0
Full
Living Room, Dining Room, Kitchen, Laundry Room
2
2.00
Fenced/Enclosed, Fenced
Shingle
Fenced Yard, Deck
1 to 2 Mile To Beach
Deck
Building Details
Year Built
1943
Listing Agency:
Keller Williams Realty
(781) 843-3200
Listed By:
Jing Zheng · License #9528954
(781) 843-3200
Source:
Compass
Added: Mar 19
Changed: Aug 30
Last Checked: Aug 30 at 8:33AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This side-by-side duplex contains 1664 square feet across two levels in each unit, with two bedrooms, living and dining areas, kitchens, hardwood floors, large windows, and full basements. Each residence has its own front entry, driveway, rear deck, and access to a shared fenced yard. The property was built in 1943 and received a new roof in 2023. Unit 21 includes upgraded electric service, a renewed kitchen, refreshed ceilings, and second-floor ceiling fans; Unit 19 has a newer furnace.
The property is near MBTA bus routes, Weymouth Landing Commuter Rail, a public beach, a state park, Hingham Shipyard commuter boat service to Boston, shops, markets, and restaurants. Zoning is R-2.
The property is near MBTA bus routes, Weymouth Landing Commuter Rail, a public beach, a state park, Hingham Shipyard commuter boat service to Boston, shops, markets, and restaurants. Zoning is R-2.
Key Highlights
- 1664 SF side‑by‑side duplex built in 1943
- Two bedrooms and two levels of living space in each unit
- Independent driveways, front entrances, and rear decks
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
$29,808
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
3.83%
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%
$596,160
$596.2K
Cap Rate 7%
$425,829
$425.8K
Cap Rate 9%
$331,200
$331.2K
Market Conditions
NOI Build-Up for 1,664 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
$44.9K $27.00/SF
− Vacancy
−$2.3K −$1.41/SF
EGI
$42.6K $25.59/SF
− OpEx
−$12.8K −$7.68/SF
NOI
$29.8K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /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%
$596,160
Cap Rate 7%
$425,829
Cap Rate 9%
$331,200
Alternative Uses
Best Use
Multifamily LT 5
$425.8K
$372.6K – $496.8K
NOI $29,808 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$392.9K
$343.8K – $458.4K
NOI $27,503 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$985.1K
$862.0K – $1.15M
NOI $68,956 @ 7.0% cap · market cap 8.85%
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
304
Businesses Nearby
Explore this area
Business Placement
Demographics for 02191, MA
8,271
Population
3,704
Households
2.2
Avg Household Size
48
Median Age
43%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,595
Density / Sq Mi
$116,496
Median Household Income
$67,043
Median Earnings
$1,833
Median Rent
$492,200
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 - Two-unit residential property with separate entrances, driveways, and basement laundry and storage.
Where is this duplex located?
The property is located at 19-21 Bursley Road Weymouth, MA.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: 1664 SF side‑by‑side duplex built in 1943; Two bedrooms and two levels of living space in each unit; Independent driveways, front entrances, and rear decks
