Well-Maintained Two-Family
21 Emerald Avenue Webster, MA 01570
21 Emerald Avenue, Webster, MA, 01570
$519,900
For Sale
$519,900
Two spacious 3BD units each offer off-street parking and in-unit laundry hookups.
Property Size2,896 SF
Price / SF$179.52
Days on Market8
Property Features for 21 Emerald Avenue
General Information
- Standard status
- Active
- Size
- 2,896 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1919
Listing agency
D & R Realty
(617) 714-5674
Listed by
Danielle Freudenthal · License #9568420
(617) 714-5674
Source
Compass
Added: Jul 15 Updated: Jul 21 at 1:23PM Checked: Jul 21 at 1:23PM
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 D & R Realty
Investment Insights
Based on property information with market context.
This well maintained two-family residence features two spacious 3-bedroom layouts. Unit 1 includes a renovated kitchen with granite countertops, a butcher block island, and stainless steel appliances, along with an open living/dining arrangement and a large bath with a tub/shower combination. Unit 1 also has dedicated laundry hookups in the basement. Unit 2 offers hardwood flooring, spacious living and dining rooms, and a large kitchen with white shaker cabinets, a stainless steel refrigerator and dishwasher, plus pantry space with additional shelving and sink. Unit 2 includes in unit washer and dryer hookups and a bright, dedicated sunroom at the front of the home.
Outside, the property has a large fully fenced backyard and dedicated off-street parking in both the front and rear for each unit. The home has numerous updates and capital improvements completed over the years.
With two separate 3BD units and dedicated parking, this property is positioned for both owner-occupants and investors seeking a move-in ready residential income asset.
Outside, the property has a large fully fenced backyard and dedicated off-street parking in both the front and rear for each unit. The home has numerous updates and capital improvements completed over the years.
With two separate 3BD units and dedicated parking, this property is positioned for both owner-occupants and investors seeking a move-in ready residential income asset.
Key Highlights
- Two‑family home built in 1919 with two 3BD units
- Unit 1 includes a renovated kitchen with granite countertops, butcher block island, and stainless steel appliances
- Unit 2 features hardwood floors and a dedicated front sunroom, plus a large kitchen with white shaker cabinets and stainless steel dishwasher and refrigerator
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 | $57.3k | $19.80 |
| − Vacancy | −$1.4k | −$0.49 |
| EGI | $55.9k | $19.31 |
| − OpEx | −$16.8k | −$5.79 |
| NOI | $39.1k | $13.52 |
2,896 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$559.2K
$489.3K – $652.5K
NOI $39,147 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$486.7K
$425.9K – $567.8K
NOI $34,068 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$988.9K
$865.3K – $1.15M
NOI $69,226 @ 7.0% cap · market cap 13.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two spacious 3BD units each offer off-street parking and in-unit laundry hookups.
Where is this duplex located?
The property is located at 21 Emerald Avenue Webster, MA.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two‑family home built in 1919 with two 3BD units; Unit 1 includes a renovated kitchen with granite countertops, butcher block island, and stainless steel appliances; Unit 2 features hardwood floors and a dedicated front sunroom, plus a large kitchen with white shaker cabinets and stainless steel dishwasher and refrigerator
