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Two-Story Duplex with Historic Character
New
For Sale
$635,000

52 Sea St, Weymouth, MA 02191

Two-story duplex with four bedrooms, two full bathrooms, and flexible living areas on a residentially zoned parcel.

Property Size1,966 SF
Days on Market2

Property Features for 52 Sea St

General Information

Standard status Active
Size 1,966 SF
Total Parking Spaces 3
Property subtype Residential Income
Zoning R-1

Taxes and HOA fees

Annual Taxes $5,533

Building Details

Building Size 1,966 SF
Year Built 1818
Stories 3
Units 2
Listing Agency: Keller Williams Realty
Listed By: Dennis Macdonald
Source: Aucoinryanrealty
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 5:53AM

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 Realty

Investment Insights

Based on property information with market context.

Built in 1818, this two-story duplex offers 1,966 square feet of living area with four bedrooms and two full bathrooms. The layout separates living spaces across two levels, supporting the property’s multifamily configuration while retaining the character of an older residential structure. The building sits on a 6,500-square-foot lot and is zoned R-1.

Located at 52 Sea St in Weymouth, the property is offered together with the abutting property at 48 Sea St. The combined offering creates an expanded acquisition opportunity for buyers evaluating both adjoining parcels.

Key Highlights

  • 1,966‑square‑foot two‑story duplex built in 1818
  • Four bedrooms and two full bathrooms
  • Situated on a 6,500‑square‑foot lot

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
$35,218
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
5.55%
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%
$704,360 $704.4K
Cap Rate 7%
$503,114 $503.1K
Cap Rate 9%
$391,311 $391.3K
Market Conditions
NOI Build-Up for 1,966 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
$53.1K $27.00/SF
− Vacancy
−$2.8K −$1.41/SF
EGI
$50.3K $25.59/SF
− OpEx
−$15.1K −$7.68/SF
NOI
$35.2K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /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%
$704,360
Cap Rate 7%
$503,114
Cap Rate 9%
$391,311

Alternative Uses

Best Use
Multifamily LT 5
$503.1K
$440.2K – $587.0K (±1% cap)
NOI $35,218 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$464.2K
$406.2K – $541.6K (±1% cap)
NOI $32,494 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,471 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

Demographics for 02191, MA

8,271
Population
3,704
Households
2.2
Avg Household Size
48
Median Age
43%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,595
Density / Sq Mi
$116,496
Median Household Income
$67,043
Median Earnings
$1,833
Median Rent
$492,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-story duplex with four bedrooms, two full bathrooms, and flexible living areas on a residentially zoned parcel.
Where is this duplex located?
The property is located at 52 Sea St Weymouth, MA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: 1,966‑square‑foot two‑story duplex built in 1818; Four bedrooms and two full bathrooms; Situated on a 6,500‑square‑foot lot
More about this property
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