Two-Family Residential Income
For Sale
$459,999
Pending
30 Linwood St, Webster, MA 01570
Updated two-family home with two 2-bedroom units, each with a full bath, plus renovated kitchens and updated bathrooms.
Property Size2,360 SF
Days on Market122
Property Features for 30 Linwood St
General Information
Standard status
Pending
Size
2,360 SF
Total Parking Spaces
2
Property subtype
Multi Family
Additional Details
Business Included
Yes
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1940
Listing Agency:
Byrnes Real Estate Group LLC
(833) 429-7637
Listed By:
Erika Ramsland · License #9575002
(413) 544-8256
Source:
Lockandkeyre
Added: May 6
Changed: Aug 23
Last Checked: Aug 17 at 3:00AM
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 Byrnes Real Estate Group LLC
Investment Insights
Based on property information with market context.
This updated two-family residential income property features two units, each offering two bedrooms and one full bathroom. The kitchens have been completely renovated with modern finishes, and the bathrooms have been tastefully updated throughout.
The home includes a two-car garage and an additional storage shed, providing extra space for vehicles, tools, and equipment. Set on a larger lot, the property also offers outdoor space with a backyard.
Conveniently located near major highways, including Interstate 395, and close to shopping amenities, this property is offered as a turnkey option for either investment or owner-occupancy.
The home includes a two-car garage and an additional storage shed, providing extra space for vehicles, tools, and equipment. Set on a larger lot, the property also offers outdoor space with a backyard.
Conveniently located near major highways, including Interstate 395, and close to shopping amenities, this property is offered as a turnkey option for either investment or owner-occupancy.
Key Highlights
- Updated two‑family home with two 2‑bedroom units, each with 1 full bathroom
- Renovated kitchens and tastefully updated bathrooms in both units
- Hardwood flooring and interior living, dining, and kitchen areas
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
$31,902
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
6.94%
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%
$638,040
$638.0K
Cap Rate 7%
$455,743
$455.7K
Cap Rate 9%
$354,467
$354.5K
Market Conditions
NOI Build-Up for 2,360 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
$46.7K $19.80/SF
− Vacancy
−$1.2K −$0.49/SF
EGI
$45.6K $19.31/SF
− OpEx
−$13.7K −$5.79/SF
NOI
$31.9K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /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%
$638,040
Cap Rate 7%
$455,743
Cap Rate 9%
$354,467
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.8K – $531.7K
NOI $31,902 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$396.6K
$347.0K – $462.7K
NOI $27,763 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$805.9K
$705.2K – $940.2K
NOI $56,413 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
Explore this area
Business Placement
Demographics for 01570, MA
17,776
Population
8,211
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
1,434
Density / Sq Mi
$68,934
Median Household Income
$43,595
Median Earnings
$1,135
Median Rent
$339,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Updated two-family home with two 2-bedroom units, each with a full bath, plus renovated kitchens and updated bathrooms.
Where is this duplex located?
The property is located at 30 Linwood St Webster, MA.
What is the asking price?
The asking price for this property is $459,999.
What are key features of this property?
This property features: Updated two‑family home with two 2‑bedroom units, each with 1 full bathroom; Renovated kitchens and tastefully updated bathrooms in both units; Hardwood flooring and interior living, dining, and kitchen areas
