Duplex with Two-Car
318-320 Spring St, Rockland, MA 02370
For Sale
New
$750,000
Residential Income, Rockland, MA
Property Size3,197 SF
Lot Size1.66 Acres
Price / SF$234.59
Days on Market3
Property Features for 318-320 Spring St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Fireplace
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Realty
Listed By:
Scott Morris
(508) 238-5000
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 9 at 7:06AM
MLS# 73599963
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.
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Investment Insights
Based on property information with market context.
This duplex contains 3,197 square feet of living area across two stories. Built in 1992, it has two full bathrooms, two half bathrooms, a fireplace, and a two-car garage. The property occupies 1.66 acres in Rockland, Massachusetts, at 318-320 Spring St.
Key Highlights
- 3,197 square feet of living area
- 1.66‑acre property
- Two‑story layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,031
Cap Rate
7.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,080,620
$1.1M
Cap Rate 7%
$771,871
$771.9K
Cap Rate 9%
$600,344
$600.3K
Market Conditions
NOI Build-Up for 3,197 SF
Gross rent
$81.5K $25.50/SF
− Vacancy
−$4.3K −$1.36/SF
EGI
$77.2K $24.14/SF
− OpEx
−$23.2K −$7.24/SF
NOI
$54.0K $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%
$1,080,620
Cap Rate 7%
$771,871
Cap Rate 9%
$600,344
Alternative Uses
Best Use
Multifamily LT 5
$771.9K
$675.4K – $900.5K
NOI $54,031 @ 7.0% cap · market cap 7.20%
Second Best
Apartment 5plus
$711.4K
$622.5K – $829.9K
NOI $49,796 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$1.89M
$1.66M – $2.21M
NOI $132,483 @ 7.0% cap · market cap 17.66%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
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Business Placement
Demographics for 02370, MA
17,803
Population
7,046
Households
2.5
Avg Household Size
43
Median Age
34%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
1,780
Density / Sq Mi
$101,475
Median Household Income
$59,489
Median Earnings
$1,497
Median Rent
$452,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Plymouth County, MA
Properties on Market for Duplexes in Plymouth County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Set on a 1.66-acre parcel, the two-story residence includes a fireplace and four bathrooms.
Where is this duplex located?
The property is located at 318-320 Spring St Rockland, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,197 square feet of living area; 1.66‑acre property; Two‑story layout
