Duplex with Finished
58-60 Lewis Road West, Yarmouth, MA 02673
For Sale
$825,000
Two attached townhouse units offer established occupancy and updated exterior components on a residentially zoned parcel.
Property Size2,064 SF
Lot Size0.68 Acres
Days on Market50
Property Features for 58-60 Lewis Road West
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Tenancy
Listing Agency:
Classic Cape Real Estate, LLC
Listed By:
Ken Hager
(508) 737-9974
Source:
Link.flexmls
Added: Sep 21
Changed: Nov 2
Last Checked: Nov 8 at 2:07AM
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 Classic Cape Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 1970-built duplex contains two attached townhouse units, each with two bedrooms, one-and-a-half baths, and a finished basement. Both residences have long-term tenants, providing an established occupancy profile. The property sits on a 0.68-acre parcel and is zoned R40.
Recent improvements include a new roof installed in May 2024, brand-new electric services and meters, and maintenance-free vinyl siding with wrapped trim. The septic system upgrade is scheduled for completion before closing. Located near beaches in West Yarmouth, the property combines a two-unit configuration with separate residential accommodations and updated major components.
Recent improvements include a new roof installed in May 2024, brand-new electric services and meters, and maintenance-free vinyl siding with wrapped trim. The septic system upgrade is scheduled for completion before closing. Located near beaches in West Yarmouth, the property combines a two-unit configuration with separate residential accommodations and updated major components.
Key Highlights
- Two‑unit townhouse configuration with 2 bedrooms and 1.5 baths per side
- Finished basement included in each unit
- Both sides occupied by long‑term tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,010
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,200
$920.2K
Cap Rate 7%
$657,286
$657.3K
Cap Rate 9%
$511,222
$511.2K
Market Conditions
NOI Build-Up for 2,064 SF
Gross rent
$68.1K $33.00/SF
− Vacancy
−$2.4K −$1.16/SF
EGI
$65.7K $31.85/SF
− OpEx
−$19.7K −$9.55/SF
NOI
$46.0K $22.29/SF
Area
Barnstable County, MA
Vacancy
3.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,200
Cap Rate 7%
$657,286
Cap Rate 9%
$511,222
Alternative Uses
Best Use
Multifamily LT 5
$657.3K
$575.1K – $766.8K
NOI $46,010 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$590.8K
$517.0K – $689.3K
NOI $41,359 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$841.1K
$736.0K – $981.3K
NOI $58,877 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
Explore this area
Business Placement
Demographics for 02673, MA
8,892
Population
6,596
Households
1.3
Avg Household Size
50
Median Age
34%
College-Educated
93%
High-School Grad
9.3 sq mi
ZIP Area
956
Density / Sq Mi
$73,846
Median Household Income
$42,439
Median Earnings
$1,502
Median Rent
$445,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Barnstable County, MA
Properties on Market for Duplexes in Barnstable County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two attached townhouse units offer established occupancy and updated exterior components on a residentially zoned parcel.
Where is this duplex located?
The property is located at 58-60 Lewis Road West Yarmouth, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑unit townhouse configuration with 2 bedrooms and 1.5 baths per side; Finished basement included in each unit; Both sides occupied by long‑term tenants
