40 Falmouth St Attleboro, MA 02703
MULTI_FAMILY - Attleboro, MA
- Added:
- May 26, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 13 at 12:06 am
Property Features for 40 Falmouth St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 3
- Parking
- 6
- Standard status
- Active Under Contract
- APN
- M:28 L:244,2756483
- Size
- 3,112 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5594
Building Details
- Year built
- 1910
- Floors in Building
- 3
- Number of units
- 2
Listing agent Clifford Ponte License #9554597 (508) 677-3233
Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA (508) 677-3233
Listing date May 26, 2026
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Two‑family home built in 1910 with bright updated interiors in both units
- Remodeled about 3 years ago with new flooring, stainless steel appliances, and refreshed baths
- Each unit offers large living/dining areas plus generous bedrooms and ample closet space
Local Financial Insights For Multifamily LT 5
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 | $85.9k | $27.60 |
| − Vacancy | −$6.4k | −$2.07 |
| EGI | $79.4k | $25.53 |
| − OpEx | −$23.8k | −$7.66 |
| NOI | $55.6k | $17.87 |
