Two-Family Residential Income
For Sale
$819,000
50 Bradford St, Everett, MA 02149
Well-maintained two-family home offering two 2-bedroom, 1-bath units with off-street parking and separate heating systems.
Property Size2,123 SF
Days on Market52
Property Features for 50 Bradford St
General Information
Standard status
Active
Size
2,123 SF
Total Parking Spaces
4
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,375
Building Details
Building Size
2,123 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
Rise Signature Homes
Listed By:
The Pezzano Group
(617) 913-2730
Source:
Classifiedrealtygroup
Added: Jul 24
Changed: Sep 10
Last Checked: Sep 13 at 5:42AM
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 Rise Signature Homes
Investment Insights
Based on property information with market context.
This well-maintained two-family residence offers two separate units, each featuring 2 bedrooms and 1 bathroom. The second-floor unit spans two levels, providing a layout that feels more like a single-family configuration. The property also includes off-street parking and separate heating systems for each unit.
Located in Everett, the home is near Whittier Park and positioned for convenient access to shopping, restaurants, major highways, and public transportation, with Boston just minutes away.
As a duplex investment or owner-occupied option, the property’s straightforward two-unit structure and independently heated spaces support flexible living and rental arrangements.
Located in Everett, the home is near Whittier Park and positioned for convenient access to shopping, restaurants, major highways, and public transportation, with Boston just minutes away.
As a duplex investment or owner-occupied option, the property’s straightforward two-unit structure and independently heated spaces support flexible living and rental arrangements.
Key Highlights
- Well‑maintained two‑family home built in 1900 with two 2‑bedroom, 1‑bath units
- Second‑floor unit spans two levels, giving additional flexibility for an owner‑occupied layout
- Off‑street parking available
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
$44,923
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
5.49%
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%
$898,460
$898.5K
Cap Rate 7%
$641,757
$641.8K
Cap Rate 9%
$499,144
$499.1K
Market Conditions
NOI Build-Up for 2,123 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
$67.5K $31.80/SF
− Vacancy
−$3.3K −$1.57/SF
EGI
$64.2K $30.23/SF
− OpEx
−$19.3K −$9.07/SF
NOI
$44.9K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /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%
$898,460
Cap Rate 7%
$641,757
Cap Rate 9%
$499,144
Alternative Uses
Best Use
Multifamily LT 5
$641.8K
$561.5K – $748.7K
NOI $44,923 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$603.4K
$528.0K – $704.0K
NOI $42,241 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,977 @ 7.0% cap · market cap 10.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,649
Businesses Nearby
Explore this area
Business Placement
Demographics for 02149, MA
49,075
Population
18,541
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
80%
High-School Grad
3.4 sq mi
ZIP Area
14,434
Density / Sq Mi
$79,658
Median Household Income
$40,836
Median Earnings
$1,988
Median Rent
$605,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained two-family home offering two 2-bedroom, 1-bath units with off-street parking and separate heating systems.
Where is this duplex located?
The property is located at 50 Bradford St Everett, MA.
What is the asking price?
The asking price for this property is $819,000.
What are key features of this property?
This property features: Well‑maintained two‑family home built in 1900 with two 2‑bedroom, 1‑bath units; Second‑floor unit spans two levels, giving additional flexibility for an owner‑occupied layout; Off‑street parking available
