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Duplex Property with 2008 Addition
For Sale
$869,000

24 Mayflower Drive, Plymouth, MA 02360

Residential Income, Plymouth, MA

Property Size3,450 SF
Lot Size0.43 Acres
Price / SF$251.88
Days on Market63

Property Features for 24 Mayflower Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R25
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 2
Parking 16
Directions use gps
Standard status Active
APN 1124234
Size 3,450 SF
Lot size 0.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7911

Amenities

beach access

Building Details

Year built 1958
Floors in Building 4
Number of units 2
Listing Agency: Keller Williams South Watuppa · Keller Williams Realty
Listed By: Clifford Ponte · License #9554597
Added: Aug 5 Changed: Oct 5 Last Checked: Oct 6 at 6:06AM
MLS# 73559897

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.

Investment Insights

Based on property information with market context.

This duplex property offers 3,450 square feet on a 0.4258-acre lot. Built in 1958, the layout includes five bedrooms and three bathrooms, with an addition completed alongside home upgrades in 2008. The configuration supports separate or multigenerational living arrangements as described in the property information.

The property is located in Plymouth, Massachusetts, and carries R25 zoning. Beach access is included, and no HOA fee applies. A new septic system is planned for installation at closing.

Key Highlights

  • 3,450‑square‑foot duplex property on a 0.4258‑acre lot
  • Five bedrooms and three bathrooms
  • Addition and home upgrades completed in 2008

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,306
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,166,120 $1.2M
Cap Rate 7%
$832,943 $832.9K
Cap Rate 9%
$647,844 $647.8K
Market Conditions
NOI Build-Up for 3,450 SF
Gross rent
$88.0K $25.50/SF
− Vacancy
−$4.7K −$1.36/SF
EGI
$83.3K $24.14/SF
− OpEx
−$25.0K −$7.24/SF
NOI
$58.3K $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 Rate 5%
$1,166,120
Cap Rate 7%
$832,943
Cap Rate 9%
$647,844

Alternative Uses

Best Use
Multifamily LT 5
$832.9K
$728.8K – $971.8K (±1% cap)
NOI $58,306 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$767.7K
$671.7K – $895.6K (±1% cap)
NOI $53,737 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$2.04M
$1.79M – $2.38M (±1% cap)
NOI $142,967 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Bakery Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - The property includes a renovated addition, three bathrooms, and no HOA fee.
Where is this duplex located?
The property is located at 24 Mayflower Drive Plymouth, MA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 3,450‑square‑foot duplex property on a 0.4258‑acre lot; Five bedrooms and three bathrooms; Addition and home upgrades completed in 2008
More about this property
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