Raised Ranch Duplex
4 Eastern Ave Webster, MA 01570
For Sale
$569,900
Pending
Two-unit raised ranch with remodeled interiors, a sun porch, and an attached 2-car garage.
Property Size4,044 SF
Days on Market51
Property Features for 4 Eastern Ave
General Information
Standard status
Pending
Size
4,044 SF
Property subtype
Multi Family
Building Details
Year Built
1988
Listing Agency:
Hope Real Estate Group, Inc.
(508) 525-0611
Listed By:
Laurie Sullivan
(508) 525-0611
Source:
Lockandkeyre
Added: Jun 7
Changed: Jul 10
Last Checked: Jul 27 at 5:33AM
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 Hope Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
This beautifully maintained one-owner raised ranch offers a flexible duplex-style setup with a lower-level walkout 1-bedroom unit plus the main upper residence. The home features a newer kitchen, newer windows, a newer roof, and a newer water heater. Interior highlights include a light-filled, oversized living room and a dining room with a picture window. The main level includes three spacious bedrooms and a primary bedroom with a full bath, along with a recently remodeled full bath off the hall. A sun-filled three-season porch provides additional space for everyday use. Exterior improvements include landscaped grounds and a paved drive leading to a two-car garage.
The property is located at 4 Eastern Ave in Webster, MA and presents a straightforward, self-contained configuration with parking via the attached garage and a paved driveway.
For tenants or investors, the walkout lower-level 1-bedroom unit creates an opportunity to separate living spaces while keeping the overall property compact and well cared for. The mix of recent major components and remodeled areas may appeal to buyers seeking a maintained income-producing home with turnkey-ready features.
The property is located at 4 Eastern Ave in Webster, MA and presents a straightforward, self-contained configuration with parking via the attached garage and a paved driveway.
For tenants or investors, the walkout lower-level 1-bedroom unit creates an opportunity to separate living spaces while keeping the overall property compact and well cared for. The mix of recent major components and remodeled areas may appeal to buyers seeking a maintained income-producing home with turnkey-ready features.
Key Highlights
- One‑owner raised ranch built in 1988 with attached 2‑car garage and remodeled interiors
- Lower level walkout 1‑bedroom unit is currently rented for extra income
- Newer kitchen plus newer windows, roof, and water heater
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $88.8k | $21.96 |
| − Vacancy | −$2.3k | −$0.57 |
| EGI | $86.5k | $21.39 |
| − OpEx | −$38.9k | −$9.63 |
| NOI | $47.6k | $11.76 |
4,044 SF · lease $21.96/SF/yr · vacancy 2.60% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$780.9K
$683.3K – $911.1K
NOI $54,665 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$679.6K
$594.7K – $792.9K
NOI $47,574 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,668 @ 7.0% cap · market cap 16.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit raised ranch with remodeled interiors, a sun porch, and an attached 2-car garage.
Where is this duplex located?
The property is located at 4 Eastern Ave Webster, MA.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: One‑owner raised ranch built in 1988 with attached 2‑car garage and remodeled interiors; Lower level walkout 1‑bedroom unit is currently rented for extra income; Newer kitchen plus newer windows, roof, and water heater
