Income-Generating Duplex
For Sale
$725,000
598 Old Bass River Rd, Dennis, MA 02638
Duplex with four bedrooms, two full baths, and a full basement, updated with a 2021 roof and 2016 Title V septic.
Property Size1,880 SF
Price / SF$385.64
Days on Market99
Property Features for 598 Old Bass River Rd
General Information
Standard status
Active
Size
1,880 SF
Property subtype
Multi-Family
Building Details
Year Built
1968
Listing Agency:
RE/MAX Legacy
Listed By:
Kade Phillips · License #9561525
(617) 712-5582
Source:
Leightonteam
Added: Jul 17
Changed: Oct 2
Last Checked: Oct 7 at 4:22PM
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 RE/MAX Legacy
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Investment Insights
Based on property information with market context.
This income-producing duplex offers a practical live-in/rent-out setup, with four bedrooms, two full baths, and a full basement. The property has been updated with a new roof completed in 2021 and a Title V septic system installed in 2016.
Located in Dennis with easy access to the Mid-Cape Highway, the home is described as less than 10 minutes from Cape Cod’s bay beaches, including Mayflower, Corporation, and Chapin. The surrounding area also includes Scargo Lake, the Cape Cod Rail Trail, and nearby recreation and cultural destinations such as Johnny Kelley Recreation Area, Cape Playhouse, and the Cape Cod Museum of Art.
With its duplex configuration and completed key updates to the roof and septic system, this property is positioned for buyers looking for rental income potential or owner-occupant flexibility.
Located in Dennis with easy access to the Mid-Cape Highway, the home is described as less than 10 minutes from Cape Cod’s bay beaches, including Mayflower, Corporation, and Chapin. The surrounding area also includes Scargo Lake, the Cape Cod Rail Trail, and nearby recreation and cultural destinations such as Johnny Kelley Recreation Area, Cape Playhouse, and the Cape Cod Museum of Art.
With its duplex configuration and completed key updates to the roof and septic system, this property is positioned for buyers looking for rental income potential or owner-occupant flexibility.
Key Highlights
- Income‑producing duplex built in 1968 with 4 bedrooms and 2 full baths
- Full basement for added storage or potential expansion space
- New roof installed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,908
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,160
$838.2K
Cap Rate 7%
$598,686
$598.7K
Cap Rate 9%
$465,644
$465.6K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$62.0K $33.00/SF
− Vacancy
−$2.2K −$1.16/SF
EGI
$59.9K $31.85/SF
− OpEx
−$18.0K −$9.55/SF
NOI
$41.9K $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%
$838,160
Cap Rate 7%
$598,686
Cap Rate 9%
$465,644
Alternative Uses
Best Use
Multifamily LT 5
$598.7K
$523.9K – $698.5K
NOI $41,908 @ 7.0% cap · market cap 5.78%
Second Best
Apartment 5plus
$538.2K
$470.9K – $627.9K
NOI $37,672 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$766.1K
$670.4K – $893.8K
NOI $53,628 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
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Business Placement
Demographics for 02638, MA
2,968
Population
3,043
Households
1
Avg Household Size
64
Median Age
40%
College-Educated
99%
High-School Grad
5.6 sq mi
ZIP Area
530
Density / Sq Mi
$117,619
Median Household Income
$44,702
Median Earnings
$1,689
Median Rent
$714,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with four bedrooms, two full baths, and a full basement, updated with a 2021 roof and 2016 Title V septic.
Where is this duplex located?
The property is located at 598 Old Bass River Rd Dennis, MA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Income‑producing duplex built in 1968 with 4 bedrooms and 2 full baths; Full basement for added storage or potential expansion space; New roof installed in 2021
