Building Details

Year Built 1958

Listing Agency: Keller Williams Gateway Realty

Listed By: Deborah F Kruzel Show Phone

Source: Leightonteam

Added: Aug 18 Changed: Oct 11 Last Checked: Oct 7 at 5:44PM

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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 Keller Williams Gateway Realty

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Investment Insights

Based on property information with market context.

This two-unit duplex includes two bedrooms in each residence and approximately 1,345 square feet of property size. The original side has an updated kitchen and bath, an enclosed porch, and a deck. A 2015 addition provides the second residence, with a heated living room, stackable laundry in the bathroom, and abundant natural light. Interior access connects to a two-car garage, basement storage, and attic storage. Newer windows, a 2020 FHW furnace, a whole-house fan, and an outside shower add to the property’s physical features.

The property occupies nearly half an acre and sits 0.1 mile from Boat Meadow Landing. A rooftop deck offers views of Cape Cod Bay, while the Eastham setting provides a coastal location for the two-unit layout.

Key Highlights

• Two‑unit duplex with two bedrooms in each unit
• Approximately 1,345 square feet on nearly half an acre
• 0.1 mile from Boat Meadow Landing with Cape Cod Bay views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$29,982

Cap Rate

3.00%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$599,640 $599.6K

Cap Rate 7%

$428,314 $428.3K

Cap Rate 9%

$333,133 $333.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,345 SF

Gross rent

$44.4K $33.00/SF

− Vacancy

−$1.6K −$1.16/SF

EGI

$42.8K $31.85/SF

− OpEx

−$12.8K −$9.55/SF

NOI

$30.0K $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%

$599,640

Cap Rate 7%

$428,314

Cap Rate 9%

$333,133

Alternative Uses

Best Use

Multifamily LT 5

$428.3K

$374.8K – $499.7K (±1% cap)

NOI $29,982 @ 7.0% cap · market cap 3.00%

Second Best

Apartment 5plus

$385.0K

$336.9K – $449.2K (±1% cap)

NOI $26,951 @ 7.0% cap · market cap 2.70%

Theoretical Best

Office A

$548.1K

$479.6K – $639.5K (±1% cap)

NOI $38,367 @ 7.0% cap · market cap 3.84%

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

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Auto Repair Shop Electrical Service 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

Location Intelligence

Trade Area within ½ mile

72

Businesses Nearby

Explore this area Business Placement

Demographics for 02642, MA

5,752

Population

6,349

Households

0.9

Avg Household Size

61

Median Age

52%

College-Educated

96%

High-School Grad

14.0 sq mi

ZIP Area

411

Density / Sq Mi

$72,683

Median Household Income

$42,638

Median Earnings

$1,692

Median Rent

$668,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Duplex - Two-bedroom units feature updated elements, outdoor space, and access to garage and basement storage.

Where is this duplex located?

The property is located at 40 Bayview Rd Eastham, MA.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: Two‑unit duplex with two bedrooms in each unit; Approximately 1,345 square feet on nearly half an acre; 0.1 mile from Boat Meadow Landing with Cape Cod Bay views