New-Construction Duplex with
New
For Sale
$2,250,000
5-7 Vassall Street, Quincy, MA 02170
Two townhouse-style residences offer three-level layouts, private outdoor areas, and convenient access to transit and major routes.
Property Size4,800 SF
Price / SF$468.75
Days on Market5
Property Features for 5-7 Vassall Street
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Multi-family
Lease Term
[]
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Stories
3
Construction
townhouse-style
Listing Agency:
V & E Realty
Listed By:
Derek Wong
(617) 262-6200
Source:
Cabotandcompany
Added: Aug 6
Changed: Aug 9
Last Checked: Aug 10 at 4:24AM
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 V & E Realty
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex includes two townhouse-style residences totaling 4,800 square feet. Each unit provides approximately 2,400 square feet across three levels, with three bedrooms, 3.5 bathrooms, an office, and an attached two-car garage. Interior features include quartz kitchen surfaces, stainless steel appliances, hardwood flooring on the upper floors, luxury vinyl plank flooring on the first level, central air conditioning and heating, and in-unit laundry. Each residence also includes a balcony, private patio and yard areas, a paver driveway, and one dedicated guest parking space.
The property offers practical access to public transportation, a T station, and highway connections. Restaurants, supermarkets, and schools are also located nearby. The building includes gas heating and cooking, EV-ready garage infrastructure, Ring security equipment, and finished outdoor walkways.
The property offers practical access to public transportation, a T station, and highway connections. Restaurants, supermarkets, and schools are also located nearby. The building includes gas heating and cooking, EV-ready garage infrastructure, Ring security equipment, and finished outdoor walkways.
Key Highlights
- Duplex completed in 2026 with 4,800 square feet total
- Two units, each approximately 2,400 sq. ft. across 3 levels
- Each residence includes 3 bedrooms, 3.5 bathrooms, and 1 office
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,053
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,621,060
$1.6M
Cap Rate 7%
$1,157,900
$1.2M
Cap Rate 9%
$900,589
$900.6K
Market Conditions
NOI Build-Up for 4,800 SF
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.
Gross rent
$123.8K $25.80/SF
− Vacancy
−$8.0K −$1.68/SF
EGI
$115.8K $24.12/SF
− OpEx
−$34.7K −$7.24/SF
NOI
$81.1K $16.89/SF
Area
Quincy, MA
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,621,060
Cap Rate 7%
$1,157,900
Cap Rate 9%
$900,589
Alternative Uses
Best Use
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $81,053 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$1.06M
$930.6K – $1.24M
NOI $74,448 @ 7.0% cap · market cap 3.31%
Theoretical Best
Office A
$2.84M
$2.48M – $3.31M
NOI $198,605 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
Explore this area
Business Placement
Demographics for 02170, MA
19,950
Population
8,471
Households
2.4
Avg Household Size
39
Median Age
46%
College-Educated
86%
High-School Grad
2.1 sq mi
ZIP Area
9,500
Density / Sq Mi
$101,840
Median Household Income
$54,561
Median Earnings
$1,801
Median Rent
$661,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two townhouse-style residences offer three-level layouts, private outdoor areas, and convenient access to transit and major routes.
Where is this duplex located?
The property is located at 5-7 Vassall Street Quincy, MA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Duplex completed in 2026 with 4,800 square feet total; Two units, each approximately 2,400 sq. ft. across 3 levels; Each residence includes 3 bedrooms, 3.5 bathrooms, and 1 office
