Legal Two-Family
50 Silver Oak Road Eastham, MA 02642
50 Silver Oak Road, Eastham, MA, 02642
$745,000
For Sale
$745,000
Legal two-family home with two recently updated units, plus an unfinished walkout basement and a flexible studio-level layout.
Property Size2,258 SF
Price / SF$329.94
Days on Market77
Property Features for 50 Silver Oak Road
General Information
- Standard status
- Active
- Size
- 2,258 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1950
Listing Agency
Christie's International Real Estate Atlantic Brokerage
Listed by
Nicholas Bono
(774) 994-1900
Source
Buyerbrokers
Added: May 6 Updated: Jul 20 at 6:36 pm Checked: Jul 20 at 6:36 pm
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 Christie's International Real Estate Atlantic Brokerage
Investment Insights
Based on property information with market context.
This legal two-family residence offers a versatile setup for owner-occupants or investors. The first-floor unit features modern updates including a new kitchen, refreshed bathroom, and new flooring, and includes three bedrooms. The upper level is a 500 sq ft studio apartment with flexible access that can support rental income or guest use. An unfinished walkout basement adds additional space for future development.
The property is sited on an oversized corner lot of nearly an acre. It is located just under a mile from Cooks Brook Beach on Cape Cod Bay. A 4-bedroom septic was installed in 2015, and the updated assessors field card recognizes four bedrooms.
With its recently updated interiors, two separate living areas, and potential for expansion in the unfinished basement, the home presents a practical income-and-flexibility configuration within a residential setting.
The property is sited on an oversized corner lot of nearly an acre. It is located just under a mile from Cooks Brook Beach on Cape Cod Bay. A 4-bedroom septic was installed in 2015, and the updated assessors field card recognizes four bedrooms.
With its recently updated interiors, two separate living areas, and potential for expansion in the unfinished basement, the home presents a practical income-and-flexibility configuration within a residential setting.
Key Highlights
- Legal two‑family home built in 1950, sited on nearly an acre
- Both units are recently updated and move‑in ready with new modern kitchens, refreshed bathrooms, and new flooring
- First‑floor unit offers 1,750 sq ft with 3 bedrooms
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 | $74.5k | $33.00 |
| − Vacancy | −$2.6k | −$1.16 |
| EGI | $71.9k | $31.85 |
| − OpEx | −$21.6k | −$9.55 |
| NOI | $50.3k | $22.29 |
2,258 SF · lease $33.00/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$719.1K
$629.2K – $838.9K
NOI $50,334 @ 7.0% cap · market cap 6.76%
Second Best
Apartment 5plus
$646.4K
$565.6K – $754.1K
NOI $45,246 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$920.1K
$805.1K – $1.07M
NOI $64,410 @ 7.0% cap · market cap 8.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Legal two-family home with two recently updated units, plus an unfinished walkout basement and a flexible studio-level layout.
Where is this duplex located?
The property is located at 50 Silver Oak Road Eastham, MA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Legal two‑family home built in 1950, sited on nearly an acre; Both units are recently updated and move‑in ready with new modern kitchens, refreshed bathrooms, and new flooring; First‑floor unit offers 1,750 sq ft with 3 bedrooms
