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Two-Family Residential Income Property

3 Boyden St Extension Webster, MA 01570

3 Boyden St Extension, Webster, MA, 01570
$499,000
For Sale
$499,000

Two-unit duplex with two bedrooms per unit, private decks, basement laundry, and off-street parking.

Property Size2,756 SF
Price / SF$181.06
Days on Market76

Property Features for 3 Boyden St Extension

General Information

Standard status
Active
Size
2,756 SF
Property subtype
Multi-family / 2 Family - 2 Units Up/Down

Building Details

Year Built
1900
Listing agency Lamacchia Realty, Inc.
Listed by Liz Puchala · License #9556344
Source Compass
Added: May 7 Updated: Jul 21 at 5:21AM Checked: Jul 21 at 5:21AM

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 Lamacchia Realty, Inc.


Investment Insights

Based on property information with market context.

This two-family residential income property features two separate units, each offering two bedrooms and a full bathroom. Both units include spacious living rooms, and the layouts provide flexibility for an office, additional living space, or another bedroom. Unit 1 includes hardwood floors throughout. The property also offers on-site laundry facilities in the basement, along with off-street parking. Outdoor space is supported by private decks for each unit that lead to a shared yard.

The property is located in Webster with easy access to major routes and nearby everyday conveniences, including shopping and dining.

The overall configuration supports either rental operations or owner-occupancy, with each unit having its own deck and independent interior space alongside shared outdoor yard access.

Key Highlights

  • Two‑family duplex with 2 bedrooms and 1 full bathroom in each unit (2 total full baths, 2 total baths)
  • Unit 1 features hardwood flooring throughout; interior includes living room, dining room, kitchen, and an office/den
  • Basement offers full, unfinished space with interior access and laundry hookups (gas dryer hookup, washer hookup)

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 $54.6k $19.80
− Vacancy −$1.3k −$0.49
EGI $53.2k $19.31
− OpEx −$16.0k −$5.79
NOI $37.3k $13.52
2,756 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$532.2K
$465.7K – $620.9K (±1% cap)
NOI $37,255 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$463.2K
$405.3K – $540.4K (±1% cap)
NOI $32,422 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$941.1K
$823.5K – $1.10M (±1% cap)
NOI $65,879 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Dental Office (Bike/Boat/Book/etc) Store HVAC Service Locksmith Bakery Pharmacy Catering Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with two bedrooms per unit, private decks, basement laundry, and off-street parking.
Where is this duplex located?
The property is located at 3 Boyden St Extension Webster, MA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two‑family duplex with 2 bedrooms and 1 full bathroom in each unit (2 total full baths, 2 total baths); Unit 1 features hardwood flooring throughout; interior includes living room, dining room, kitchen, and an office/den; Basement offers full, unfinished space with interior access and laundry hookups (gas dryer hookup, washer hookup)
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