Two-Unit Duplex with R3
38 Snell St, Holbrook, MA 02343
For Sale
New
$724,499
Residential Income, Holbrook, MA
Property Size2,309 SF
Lot Size0.47 Acres
Price / SF$313.77
Days on Market2
Property Features for 38 Snell St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Fireplace
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 South Watuppa · Keller Williams Realty
Listed By:
Clifford Ponte · License #9554597
(508) 677-3233
Added: Nov 7
Last Checked: Nov 8 at 12:06AM
MLS# 73598854
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 two-unit duplex contains 2,309 square feet, with five bedrooms and two full bathrooms. The first-floor residence is larger, while a separate unit occupies the second floor. The property includes a fireplace and a new roof, and is offered in as-is condition.
Set on a 0.4738-acre lot, the property is zoned R3. Built in 1890, it provides two distinct living spaces within one residential property.
Set on a 0.4738-acre lot, the property is zoned R3. Built in 1890, it provides two distinct living spaces within one residential property.
Key Highlights
- Two‑unit property with five bedrooms and two full bathrooms
- 2,309 square feet of living area
- 0.4738‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,362
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,240
$827.2K
Cap Rate 7%
$590,886
$590.9K
Cap Rate 9%
$459,578
$459.6K
Market Conditions
NOI Build-Up for 2,309 SF
Gross rent
$62.3K $27.00/SF
− Vacancy
−$3.3K −$1.41/SF
EGI
$59.1K $25.59/SF
− OpEx
−$17.7K −$7.68/SF
NOI
$41.4K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,240
Cap Rate 7%
$590,886
Cap Rate 9%
$459,578
Alternative Uses
Best Use
Multifamily LT 5
$590.9K
$517.0K – $689.4K
NOI $41,362 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$545.2K
$477.0K – $636.1K
NOI $38,163 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$1.37M
$1.20M – $1.59M
NOI $95,684 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
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Business Placement
Demographics for 02343, MA
11,364
Population
4,268
Households
2.7
Avg Household Size
42
Median Age
37%
College-Educated
94%
High-School Grad
7.0 sq mi
ZIP Area
1,623
Density / Sq Mi
$107,198
Median Household Income
$56,269
Median Earnings
$1,522
Median Rent
$435,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Norfolk County, MA
Properties on Market for Duplexes in Norfolk County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The larger ground-floor residence is complemented by a separate second-floor unit for flexible occupancy.
Where is this duplex located?
The property is located at 38 Snell St Holbrook, MA.
What is the asking price?
The asking price for this property is $724,499.
What are key features of this property?
This property features: Two‑unit property with five bedrooms and two full bathrooms; 2,309 square feet of living area; 0.4738‑acre lot
