Norton Multi-Family Home For
21 Cobb St, Norton, MA 02766
- Added:
- May 23, 2026
- Days on Market:
- 46
- Last Refresh:
- Jul 7 at 6:06 pm
Property Features for 21 Cobb St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R60
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
- Parking
- 8
- Standard status
- Pending
- APN
- M:10 P:24803,2922048
- Size
- 3,000 SF
- Lot size
- 0.83 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6277
Building Details
- Year built
- 1974
- Floors in Building
- 4
- Number of units
- 2
Listing office Keller Williams Elite 25 Messenger Street, 2nd Floor, Plainville, MA (508) 695-4545
Listing date May 23, 2026
MLS# 73523246
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1974‑built multi‑family home at 21 Cobb St in Norton
- 6 bedrooms and 4 bathrooms across 1,418 sq. ft. of living space
- Functional layout with multiple options for extended family or tenant configurations
- Owner‑occupied setup with ability to generate rental income from additional units
Overview
Located in Norton, this multi-family home at 21 Cobb St offers a total of 6 bedrooms and 4 bathrooms across 1,418 sq. ft. of living space. Situated on a 0.83-acre lot, the property offers a functional layout with options for extended family or tenant configurations. The property is suitable for an investor or a buyer looking to live in one unit while generating rental income from the others to offset the mortgage. Residents will enjoy easy access to local amenities, schools, highways, and commuter options. The property contains 3,000 square feet and is zoned R60.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.8k | $27.60 |
| − Vacancy | −$6.2k | −$2.07 |
| EGI | $76.6k | $25.53 |
| − OpEx | −$23.0k | −$7.66 |
| NOI | $53.6k | $17.87 |
3,000 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$765.9K
$670.2K – $893.6K
NOI $53,613 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$711.8K
$622.8K – $830.4K
NOI $49,825 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,886 @ 7.0% cap · market cap 17.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Norton
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.186967
- Latitude
- 41.988346
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Multi-family home in Norton with income potential.
Where is this duplex located?
The property is located at 21 Cobb St Norton, MA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 1974‑built multi‑family home at 21 Cobb St in Norton; 6 bedrooms and 4 bathrooms across 1,418 sq. ft. of living space; Functional layout with multiple options for extended family or tenant configurations
