Income-Generating Duplex
598 Old Bass River Rd Dennis, MA 02638
598 Old Bass River Rd, Dennis, MA, 02638
$725,000
Pending
For Sale
$725,000
Pending
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
Days on Market10
Property Features for 598 Old Bass River Rd
General Information
- Standard status
- Pending
- Size
- 1,880 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1968
Listing agency
RE/MAX Legacy
(617) 712-5582
Listed by
Kade Phillips
(617) 712-5582
Source
Lockandkeyre
Added: Jul 13 Updated: Jul 22 at 9:24AM Checked: Jul 22 at 9:24AM
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
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
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 | $62.0k | $33.00 |
| − Vacancy | −$2.2k | −$1.16 |
| EGI | $59.9k | $31.85 |
| − OpEx | −$18.0k | −$9.55 |
| NOI | $41.9k | $22.29 |
1,880 SF · lease $33.00/SF/yr · vacancy 3.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
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
