Two-Family Residential
For Sale
$775,000
210 Court St, Plymouth, MA 02360
Well-maintained two-family property with HVAC systems about 6 years old, parking for 6 cars, and a large yard.
Property Size2,215 SF
Price / SF$349.89
Days on Market51
Property Features for 210 Court St
General Information
Standard status
Active
Size
2,215 SF
Total Parking Spaces
6
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Building Size
2,215 SF
Year Built
1900
Listing Agency:
Ryan Realty Group LLC
Listed By:
Patrick Ryan · License #9564942
(774) 283-1355
Source:
Iverty
Added: Jul 16
Changed: Sep 3
Last Checked: Sep 2 at 5:54PM
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 Ryan Realty Group LLC
Investment Insights
Based on property information with market context.
This well-cared-for two-family (duplex) home is presented in strong condition and “shows very well,” with heating and cooling systems reported as approximately 6 years old. The property also offers parking for up to 6 cars and a large yard suited to outdoor use.
Located at 210 Court St in Plymouth, MA 02360, the home is described as minutes’ walk to historic downtown, the waterfront, and local parks.
As a residential income property, it provides a practical two-unit setup alongside on-site parking and outdoor space, with the most recent mechanical updates identified as being roughly 6 years old.
Located at 210 Court St in Plymouth, MA 02360, the home is described as minutes’ walk to historic downtown, the waterfront, and local parks.
As a residential income property, it provides a practical two-unit setup alongside on-site parking and outdoor space, with the most recent mechanical updates identified as being roughly 6 years old.
Key Highlights
- Two‑family property built in 1900
- Heating and cooling systems are about 6 years old
- Parking for 6 cars
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
$37,434
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
4.83%
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%
$748,680
$748.7K
Cap Rate 7%
$534,771
$534.8K
Cap Rate 9%
$415,933
$415.9K
Market Conditions
NOI Build-Up for 2,215 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
$56.5K $25.50/SF
− Vacancy
−$3.0K −$1.36/SF
EGI
$53.5K $24.14/SF
− OpEx
−$16.0K −$7.24/SF
NOI
$37.4K $16.90/SF
Area
Plymouth County, MA
Vacancy
5.32%
Lease Rate
$25.50 /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%
$748,680
Cap Rate 7%
$534,771
Cap Rate 9%
$415,933
Alternative Uses
Best Use
Multifamily LT 5
$534.8K
$467.9K – $623.9K
NOI $37,434 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$492.9K
$431.3K – $575.0K
NOI $34,501 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,789 @ 7.0% cap · market cap 11.84%
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
824
Businesses Nearby
Explore this area
Business Placement
Demographics for 02360, MA
61,134
Population
28,598
Households
2.1
Avg Household Size
47
Median Age
45%
College-Educated
96%
High-School Grad
96.4 sq mi
ZIP Area
634
Density / Sq Mi
$111,975
Median Household Income
$55,595
Median Earnings
$1,831
Median Rent
$494,700
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 - Well-maintained two-family property with HVAC systems about 6 years old, parking for 6 cars, and a large yard.
Where is this duplex located?
The property is located at 210 Court St Plymouth, MA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Two‑family property built in 1900; Heating and cooling systems are about 6 years old; Parking for 6 cars
