Renovated Duplex with Walk-Out
22-24 Wildwood Path West Yarmouth, MA 02673
22-24 Wildwood Path, West Yarmouth, MA, 02673
$819,500
For Sale
$819,500
Renovated duplex offers two 2-bedroom units with finished walk-out basements, balconies, and off-street parking.
Property Size2,300 SF
Lot Size0.21 Acres
Price / SF$356.30
Days on Market194
Property Features for 22-24 Wildwood Path
General Information
- Standard status
- Active
- Size
- 2,300 SF
- Lot size
- 0.21 Acres
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1960
Listing agency
Margo & Company
(774) 836-2367
Listed by
Lucas Vieira · License #9573896
(774) 836-2367
Source
Compass
Added: Jan 10 Updated: Jul 22 at 6:16PM Checked: Jul 22 at 6:16PM
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 Margo & Company
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate units, each with 2 bedrooms, 1 full bathroom, and 1 half bathroom, supported by functional layouts. Both units also feature finished walk-out basements that add additional usable space, such as an office or playroom. Renovations completed in 2018 include new flooring, cabinetry, granite countertops, tile showers, and replacement windows. Heating and cooling in the basements are supported by mini split AC/heater systems.
The property is situated on a quiet side street in West Yarmouth and includes exterior wood siding with four balconies and off-street parking. The 9,147 sq ft lot abuts a scenic cranberry bog, creating a peaceful natural setting. Conveniently located near shopping, dining, medical facilities, golf courses, the Cape Cod Rail Trail, and Nantucket Sound beaches roughly 1–2 miles away.
Both units are currently tenant-at-will occupied and generate monthly rent of $2,500 and $2,700, supporting immediate income potential. The configuration allows for an owner-occupant to live in one unit while renting the other, or maintaining income from both units.
The property is situated on a quiet side street in West Yarmouth and includes exterior wood siding with four balconies and off-street parking. The 9,147 sq ft lot abuts a scenic cranberry bog, creating a peaceful natural setting. Conveniently located near shopping, dining, medical facilities, golf courses, the Cape Cod Rail Trail, and Nantucket Sound beaches roughly 1–2 miles away.
Both units are currently tenant-at-will occupied and generate monthly rent of $2,500 and $2,700, supporting immediate income potential. The configuration allows for an owner-occupant to live in one unit while renting the other, or maintaining income from both units.
Key Highlights
- Renovated 1960 duplex in West Yarmouth with approximately 2,300 sq ft of above‑grade living space (basements not included)
- Two 2‑bedroom units: each has 1 full bath and 1 half bath, plus finished walk‑out basements for office/playroom space
- Tenant‑at‑will income: $2,500/month and $2,700/month from the two units
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 | $75.9k | $33.00 |
| − Vacancy | −$2.7k | −$1.16 |
| EGI | $73.2k | $31.85 |
| − OpEx | −$22.0k | −$9.55 |
| NOI | $51.3k | $22.29 |
2,300 SF · lease $33.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$732.4K
$640.9K – $854.5K
NOI $51,270 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$658.4K
$576.1K – $768.1K
NOI $46,088 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$937.3K
$820.1K – $1.09M
NOI $65,609 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Renovated duplex offers two 2-bedroom units with finished walk-out basements, balconies, and off-street parking.
Where is this duplex located?
The property is located at 22-24 Wildwood Path West Yarmouth, MA.
What is the asking price?
The asking price for this property is $819,500.
What are key features of this property?
This property features: Renovated 1960 duplex in West Yarmouth with approximately 2,300 sq ft of above‑grade living space (basements not included); Two 2‑bedroom units: each has 1 full bath and 1 half bath, plus finished walk‑out basements for office/playroom space; Tenant‑at‑will income: $2,500/month and $2,700/month from the two units
