Duplex with Detached
2048 Somerset Ave, Dighton, MA 02715
For Sale
New
$349,000
The two-family property includes a detached garage and requires a new septic system.
Property Size1,760 SF
Price / SF$198.30
Days on Market4
Property Features for 2048 Somerset Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Property Condition
Severity
Evidence
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
LPT Realty - Home & Key Group
(877) 366-2213
Listed By:
Elizabeth Moses
(508) 801-8268
Source:
Isosrealty
Added: Nov 11
Last Checked: Nov 13 at 1:48AM
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 LPT Realty - Home & Key Group
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains 1,760 square feet and includes a detached garage. The roof is approximately one year old. A new septic system is needed. The property is zoned R2.
Key Highlights
- Two‑family duplex with 1,760 square feet
- Detached garage on the property
- Roof is approximately one year old
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,453
Cap Rate
9.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,060
$629.1K
Cap Rate 7%
$449,329
$449.3K
Cap Rate 9%
$349,478
$349.5K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$48.6K $27.60/SF
− Vacancy
−$3.6K −$2.07/SF
EGI
$44.9K $25.53/SF
− OpEx
−$13.5K −$7.66/SF
NOI
$31.5K $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 Rate 5%
$629,060
Cap Rate 7%
$449,329
Cap Rate 9%
$349,478
Alternative Uses
Best Use
Multifamily LT 5
$449.3K
$393.2K – $524.2K
NOI $31,453 @ 7.0% cap · market cap 9.01%
Second Best
Apartment 5plus
$417.6K
$365.4K – $487.2K
NOI $29,231 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$1.07M
$937.8K – $1.25M
NOI $75,027 @ 7.0% cap · market cap 21.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
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Business Placement
Demographics for 02715, MA
4,036
Population
1,573
Households
2.6
Avg Household Size
40
Median Age
38%
College-Educated
96%
High-School Grad
11.2 sq mi
ZIP Area
360
Density / Sq Mi
$137,500
Median Household Income
$69,492
Median Earnings
$1,349
Median Rent
$479,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Bristol County, MA
Properties on Market for Duplexes in Bristol County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family property includes a detached garage and requires a new septic system.
Where is this duplex located?
The property is located at 2048 Somerset Ave Dighton, MA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Two‑family duplex with 1,760 square feet; Detached garage on the property; Roof is approximately one year old
