Victorian Quadplex with Owner’s
For Sale
$1,200,000
19 Elm, Taunton, MA 02780
Historic-district property combines a two-level owner’s residence with three separately entered apartment-style units and parking.
Property Size5,551 SF
Days on Market8
Property Features for 19 Elm
General Information
Standard status
Active
Size
5,551 SF
Total Parking Spaces
10
Property subtype
Multifamily
Taxes and HOA fees
Annual Taxes
$9,687
Building Details
Building Size
5,551 SF
Year Built
1900
Listing Agency:
Lamacchia Realty, Inc.
(508) 677-3629
Listed By:
Joshua Frias · License #9570256
Source:
Classifiedrealtygroup
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 11 at 5:15AM
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 Lamacchia Realty, Inc.
Investment Insights
Based on property information with market context.
Built in 1900, this Victorian multifamily property offers nearly 6,000 square feet arranged across distinct residential components. One side contains a two-level owner’s quarters with tall ceilings and expansive living space. The opposite side includes three single-level apartment-style units, each supported by a separate entrance configuration.
Located at 19 Elm in Taunton’s Historic District, the property also provides parking. The combination of an owner-occupied residence, three additional apartment-style units, and separate access creates a clearly divided four-unit layout within a substantial historic home.
Located at 19 Elm in Taunton’s Historic District, the property also provides parking. The combination of an owner-occupied residence, three additional apartment-style units, and separate access creates a clearly divided four-unit layout within a substantial historic home.
Key Highlights
- Nearly 6,000 square feet of residential space
- Built in 1900 with Victorian architectural character
- Two‑level owner’s quarters with tall ceilings and spacious living area
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
$99,202
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
8.27%
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%
$1,984,040
$2.0M
Cap Rate 7%
$1,417,171
$1.4M
Cap Rate 9%
$1,102,244
$1.1M
Market Conditions
NOI Build-Up for 5,551 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
$153.2K $27.60/SF
− Vacancy
−$11.5K −$2.07/SF
EGI
$141.7K $25.53/SF
− OpEx
−$42.5K −$7.66/SF
NOI
$99.2K $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 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%
$1,984,040
Cap Rate 7%
$1,417,171
Cap Rate 9%
$1,102,244
Alternative Uses
Best Use
Multifamily LT 5
$1.42M
$1.24M – $1.65M
NOI $99,202 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$1.32M
$1.15M – $1.54M
NOI $92,192 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$3.38M
$2.96M – $3.94M
NOI $236,632 @ 7.0% cap · market cap 19.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,165
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
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?
Quadplex - Historic-district property combines a two-level owner’s residence with three separately entered apartment-style units and parking.
Where is this quadplex located?
The property is located at 19 Elm Taunton, MA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Nearly 6,000 square feet of residential space; Built in 1900 with Victorian architectural character; Two‑level owner’s quarters with tall ceilings and spacious living area
