Two-Bedroom Duplex with
For Sale
$558,000
Pending
2 Carlisle Rd, Bedford, MA 01730
Three-level duplex with an updated kitchen, dedicated office, and partially finished lower-level rooms.
Property Size1,631 SF
Days on Market12
Property Features for 2 Carlisle Rd
General Information
Standard status
Pending
Size
1,631 SF
Property subtype
Apartment
Amenities
fireplace
Range
Dishwasher
Disposal
Microwave
Refrigerator
Washer
Dryer
Window Unit(s)
1 Fireplace
Tile
Hardwood
Flooring - Hardwood
Flooring - Wall to Wall Carpet
Baseboard, Natural Gas
3.0 Stories
$4,917 Taxes
Public
Built in 1946
Building Details
Year Built
1946
Buildings
1
Stories
3
Listing Agency:
Compass
(617) 206-3333
Listed By:
Team Suzanne and Company
Source:
Donahuere
Added: Jul 29
Changed: Aug 8
Last Checked: Aug 6 at 3:28AM
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 Compass
Investment Insights
Based on property information with market context.
This 1946-built duplex offers approximately 1,631 square feet arranged over three levels. The two-bedroom, 1.5-bath layout includes an eat-in kitchen renovated in 2016, a main-level half bath, and connected dining and living areas with a fireplace. Two bedrooms, a full bathroom, office space, and substantial closet storage occupy the upper floor.
The partially finished lower level expands the usable layout with a recreation room and an additional bonus room. The property is located at 2 Carlisle Rd in Bedford, Massachusetts, providing a residential setting for an owner-occupant or income-property buyer.
The partially finished lower level expands the usable layout with a recreation room and an additional bonus room. The property is located at 2 Carlisle Rd in Bedford, Massachusetts, providing a residential setting for an owner-occupant or income-property buyer.
Key Highlights
- Approximately 1,631 square feet across three levels
- Two‑bedroom, 1.5‑bath duplex layout
- Eat‑in kitchen updated in 2016
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
$34,513
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
6.19%
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%
$690,260
$690.3K
Cap Rate 7%
$493,043
$493.0K
Cap Rate 9%
$383,478
$383.5K
Market Conditions
NOI Build-Up for 1,631 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
$51.9K $31.80/SF
− Vacancy
−$2.6K −$1.57/SF
EGI
$49.3K $30.23/SF
− OpEx
−$14.8K −$9.07/SF
NOI
$34.5K $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%
$690,260
Cap Rate 7%
$493,043
Cap Rate 9%
$383,478
Alternative Uses
Best Use
Multifamily LT 5
$493.0K
$431.4K – $575.2K
NOI $34,513 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$463.6K
$405.6K – $540.9K
NOI $32,451 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$965.5K
$844.9K – $1.13M
NOI $67,588 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 01730, MA
14,566
Population
5,970
Households
2.4
Avg Household Size
45
Median Age
69%
College-Educated
96%
High-School Grad
12.4 sq mi
ZIP Area
1,175
Density / Sq Mi
$158,286
Median Household Income
$88,504
Median Earnings
$2,430
Median Rent
$878,200
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 - Three-level duplex with an updated kitchen, dedicated office, and partially finished lower-level rooms.
Where is this duplex located?
The property is located at 2 Carlisle Rd Bedford, MA.
What is the asking price?
The asking price for this property is $558,000.
What are key features of this property?
This property features: Approximately 1,631 square feet across three levels; Two‑bedroom, 1.5‑bath duplex layout; Eat‑in kitchen updated in 2016
