Duplex with Dual Home
New
For Sale
$1,250,000
20 Tidd Street, Swampscott, MA 01907
Flexible two-unit layout includes multiple kitchens, fireplaces, bedrooms, baths, and dedicated work areas.
Property Size2,568 SF
Price / SF$486.76
Days on Market5
Property Features for 20 Tidd Street
General Information
Standard status
Active
Size
2,568 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Amenities
fireplace
deck
in-home office
kitchenette
laundry room
handicap accessible
Building Details
Year Built
1970
Buildings
1
Listing Agency:
William Raveis R.E. & Home Services
Listed By:
Debra Goldberg
(603) 548-5315
Source:
Burkelordrealestate
Added: Aug 31
Changed: Sep 2
Last Checked: Sep 4 at 10:01AM
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 William Raveis R.E. & Home Services
Investment Insights
Based on property information with market context.
This 2,568-square-foot duplex, built in 1970, combines a primary residence with additional living and work areas. The main level includes a country kitchen with fireplace, dining room, living room, half bath, and deck access. Four bedrooms and two full baths are located upstairs. The lower level adds an open living area with fireplace, oversized bedroom, bathroom, kitchenette, and office space, with handicap accessibility. Additional office, kitchenette, and full bath areas are positioned off the first-floor back hall.
An oversized two-car garage includes a work area and lofted storage, while an adjoining laundry room adds practical utility. Two driveways accommodate 8-10 cars. The multi-level outdoor grounds provide space for gardening, entertaining, dining, and recreation. The property is located at 20 Tidd Street in Swampscott, Massachusetts.
An oversized two-car garage includes a work area and lofted storage, while an adjoining laundry room adds practical utility. Two driveways accommodate 8-10 cars. The multi-level outdoor grounds provide space for gardening, entertaining, dining, and recreation. The property is located at 20 Tidd Street in Swampscott, Massachusetts.
Key Highlights
- 2,568‑square‑foot duplex built in 1970
- Main residence includes 4 bedrooms, 2 full baths, dining room, living room, country kitchen, and deck
- Lower level has an open living area, fireplace, oversized bedroom, kitchenette, office, and handicap accessibility
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
$43,261
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
3.46%
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%
$865,220
$865.2K
Cap Rate 7%
$618,014
$618.0K
Cap Rate 9%
$480,678
$480.7K
Market Conditions
NOI Build-Up for 2,568 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
$64.7K $25.20/SF
− Vacancy
−$2.9K −$1.13/SF
EGI
$61.8K $24.07/SF
− OpEx
−$18.5K −$7.22/SF
NOI
$43.3K $16.85/SF
Area
Essex County, MA
Vacancy
4.50%
Lease Rate
$25.20 /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%
$865,220
Cap Rate 7%
$618,014
Cap Rate 9%
$480,678
Alternative Uses
Best Use
Multifamily LT 5
$618.0K
$540.8K – $721.0K
NOI $43,261 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$557.9K
$488.1K – $650.8K
NOI $39,050 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,417 @ 7.0% cap · market cap 8.51%
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
477
Businesses Nearby
Explore this area
Business Placement
Demographics for 01907, MA
15,148
Population
6,666
Households
2.3
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
3.0 sq mi
ZIP Area
5,049
Density / Sq Mi
$127,714
Median Household Income
$70,837
Median Earnings
$2,206
Median Rent
$690,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Flexible two-unit layout includes multiple kitchens, fireplaces, bedrooms, baths, and dedicated work areas.
Where is this duplex located?
The property is located at 20 Tidd Street Swampscott, MA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 2,568‑square‑foot duplex built in 1970; Main residence includes 4 bedrooms, 2 full baths, dining room, living room, country kitchen, and deck; Lower level has an open living area, fireplace, oversized bedroom, kitchenette, office, and handicap accessibility
