Five-Bedroom Multifamily
35 Godfrey St, Taunton, MA 02780
For Sale
$599,900
Pending
Vacant delivery combines flexible interior space with a finished lower-level room, full bath, and private outdoor amenities.
Property Size1,898 SF
Days on Market55
Property Features for 35 Godfrey St
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
hardwood flooring
private yard
wrap-around deck
fire pit
pool
finished basement room
Building Details
Building Size
Year Built
Listing Agency:
Neighbors Realty Group, LLC
Listed By:
Diana Ferreira · License #9518910
(508) 345-7377
Source:
Paulgrover
Added: Sep 16
Changed: Nov 5
Last Checked: Nov 8 at 2:36PM
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 Neighbors Realty Group, LLC
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Investment Insights
Based on property information with market context.
Built in 1945, this multifamily property offers five bedrooms across a residential layout with hardwood flooring on the first level. The basement adds a finished room and another full bathroom, expanding the usable interior space. The property will be delivered vacant.
Outdoor features include a private yard, wrap-around deck, fire pit, and pool. Together, the interior configuration and exterior amenities provide a range of practical options for an owner-occupant or investor, as stated in the property information.
Outdoor features include a private yard, wrap-around deck, fire pit, and pool. Together, the interior configuration and exterior amenities provide a range of practical options for an owner-occupant or investor, as stated in the property information.
Key Highlights
- Five‑bedroom multifamily property built in 1945
- Finished basement room with an additional full bathroom
- Hardwood flooring throughout the first floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,522
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,440
$630.4K
Cap Rate 7%
$450,314
$450.3K
Cap Rate 9%
$350,244
$350.2K
Market Conditions
NOI Build-Up for 1,898 SF
Gross rent
$61.5K $32.40/SF
− Vacancy
−$4.2K −$2.20/SF
EGI
$57.3K $30.20/SF
− OpEx
−$25.8K −$13.59/SF
NOI
$31.5K $16.61/SF
Area
Bristol County, MA
Vacancy
6.80%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,440
Cap Rate 7%
$450,314
Cap Rate 9%
$350,244
Alternative Uses
Best Use
Apartment 5plus
$450.3K
$394.0K – $525.4K
NOI $31,522 @ 7.0% cap · market cap 5.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $80,909 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
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Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Taunton, MA
Properties on Market for Multifamily properties in Taunton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Vacant delivery combines flexible interior space with a finished lower-level room, full bath, and private outdoor amenities.
Where is this multifamily property located?
The property is located at 35 Godfrey St Taunton, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Five‑bedroom multifamily property built in 1945; Finished basement room with an additional full bathroom; Hardwood flooring throughout the first floor
