Building Details

Year Built 1973

Buildings 1

Listing Agency: Classic Cape Real Estate, LLC

Listed By: Jessica Krikorian · License #9538002 Show Phone

Source: Leightonteam

Added: Jul 28 Changed: Oct 3 Last Checked: Oct 7 at 2:47PM

Report an Issue

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 Classic Cape Real Estate, LLC

Investment Insights

Based on property information with market context.

Built in 1973, this 2,188-square-foot duplex contains two independent residences, each with 2 bedrooms, 1 1/2 baths, a private laundry setup, central air, and natural gas service. The property offers a practical two-unit configuration with one side occupied by a tenant and the other currently vacant.

Located at 3837-3839 Main St in Brewster, the duplex is 1.3 miles from Crosby Landing beach and north of 6A. Orleans, shops, Route 6, Nickerson State Park, and additional beaches are nearby. The vacant unit provides immediate flexibility for an owner occupant or future rental use, while the occupied side contributes existing rental income.

Key Highlights

• 2,188‑square‑foot duplex built in 1973
• Two units, each with 2 bedrooms and 1 1/2 baths
• Private laundry, central air, and natural gas in each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$48,774

Cap Rate

6.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$975,480 $975.5K

Cap Rate 7%

$696,771 $696.8K

Cap Rate 9%

$541,933 $541.9K

Market Conditions

NOI Build-Up for 2,188 SF

Gross rent

$72.2K $33.00/SF

− Vacancy

−$2.5K −$1.16/SF

EGI

$69.7K $31.85/SF

− OpEx

−$20.9K −$9.55/SF

NOI

$48.8K $22.29/SF

Area

Barnstable County, MA

Vacancy

3.50%

Lease Rate

$33.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$975,480

Cap Rate 7%

$696,771

Cap Rate 9%

$541,933

Alternative Uses

Best Use

Multifamily LT 5

$696.8K

$609.7K – $812.9K (±1% cap)

NOI $48,774 @ 7.0% cap · market cap 6.26%

Second Best

Apartment 5plus

$626.3K

$548.1K – $730.7K (±1% cap)

NOI $43,844 @ 7.0% cap · market cap 5.63%

Theoretical Best

Office A

$891.6K

$780.2K – $1.04M (±1% cap)

NOI $62,414 @ 7.0% cap · market cap 8.01%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

137

Businesses Nearby

Explore this area Business Placement

Demographics for 02631, MA

10,178

Population

8,215

Households

1.2

Avg Household Size

58

Median Age

52%

College-Educated

98%

High-School Grad

22.2 sq mi

ZIP Area

458

Density / Sq Mi

$93,427

Median Household Income

$47,395

Median Earnings

$1,386

Median Rent

$621,800

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Duplex with Walkout Lower Level

27 Mcguerty, Brewster, MA 02631

$725,000

2,282 SF

View details

Historic Cape Cod Mixed-Use Property

1424 Main St, Brewster, MA 02631

$799,000

3,021 SF

View details

Commercially Zoned Ranch with Residence

195 Underpass, Brewster, MA 02631

$675,000

1,204 SF

View details

Seasonal Restaurant with Outdoor Dining

3256 Main Street, Brewster, MA 02631

$1,499,000

1.70 Acres

View details

Waterfront Short-Term Rental Property

232 Robbins Hill Rd, Brewster, MA 02631

$2,492,000

1,502 SF

View details

Former Bank Drive-Through Corner

7 Underpass Rd, Brewster, MA 02631

Contact for pricing

1,992 SF

View details

Historic 12-Room Bed & Breakfast

1861 Main Street, Brewster, MA 02631

$2,795,000

7,922 SF

View details

Retail Space in Hyannis Center

Brewster, MA 02601

Contact for pricing

6,500 SF

View details

Townhome-Style Residential Property

27 Billington Ln, Brewster, MA 02631

$485,000

View details

Updated Top-Floor Condo

102 Fletcher Ln, Brewster, MA 02631

$355,000

View details

Operating Restaurant With Redevelopment Plans

Brewster, MA 02667

$335,000

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two separate units provide private laundry, central air, and natural gas service.

Where is this duplex located?

The property is located at 3837-3839 Main St Brewster, MA.

What is the asking price?

The asking price for this property is $779,000.

What are key features of this property?

This property features: 2,188‑square‑foot duplex built in 1973; Two units, each with 2 bedrooms and 1 1/2 baths; Private laundry, central air, and natural gas in each unit