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Two-Family Residential Income Property

3 Boyden Street Extension Webster, MA 01570

3 Boyden Street Extension, Webster, MA, 01570
$479,000
For Sale
$479,000

Two separate units each with private deck access, plus basement laundry and off-street parking.

Property Size2,756 SF
Price / SF$173.80
Days on Market77

Property Features for 3 Boyden Street Extension

General Information

Standard status
Active
Size
2,756 SF
Property subtype
Multi-Family

Building Details

Year Built
1900
Listing agency Carey Giampa, LLC/Seabrook Beach
Listed by Chris Bernier
Source Churchillprop
Added: May 7 Updated: Jul 22 at 5:20AM Checked: Jul 22 at 5:20AM

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 Carey Giampa, LLC/Seabrook Beach


Investment Insights

Based on property information with market context.

This two-family residential income property offers two separate units with spacious, functional layouts. Unit 1 features hardwood floors throughout, two bedrooms, a full bathroom, a large living room, and potential for an office. Unit 2 includes another layout with an additional room that is currently being used as a bedroom. Laundry is conveniently located in the basement, and the property provides plenty of off-street parking.

Both units have their own private decks that connect to a shared yard area, providing outdoor space for each tenant while maintaining common outdoor access. The property also benefits from easy access to major routes and nearby shopping, dining, and everyday conveniences.

Overall, the configuration supports either long-term rental use or owner-occupancy with a separate second unit.

Key Highlights

  • Two‑family home built in 1900 with two separate units
  • Unit 1 features hardwood floors, two bedrooms, a full bath, a large living room, and potential for an office
  • Unit 2 offers a different layout with two bedrooms plus an additional room currently used as a bedroom

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 7.78%
Second Best
Apartment 5plus
$463.2K
$405.3K – $540.4K (±1% cap)
NOI $32,422 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$941.1K
$823.5K – $1.10M (±1% cap)
NOI $65,879 @ 7.0% cap · market cap 13.75%
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 separate units each with private deck access, plus basement laundry and off-street parking.
Where is this duplex located?
The property is located at 3 Boyden Street Extension Webster, MA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Two‑family home built in 1900 with two separate units; Unit 1 features hardwood floors, two bedrooms, a full bath, a large living room, and potential for an office; Unit 2 offers a different layout with two bedrooms plus an additional room currently used as a bedroom
Contact an agent
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