Duplex with Off-Street
New
For Sale
$1,599,999
6 Larose Pl, Boston, MA 02135
Both residences offer four bedrooms, four full baths, in-unit laundry, and separately metered utilities.
Property Size3,574 SF
Price / SF$447.68
Days on Market3
Property Features for 6 Larose Pl
General Information
Standard status
Active
Size
3,574 SF
Total Parking Spaces
7
Property subtype
Multi-Family
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 4BR/4BA
Multifamily Units
2
Amenities
granite counters
stainless appliances
central air
forced-air heat
in-unit laundry
extra storage
Building Details
Year Built
2012
Buildings
1
Listing Agency:
Robert Chestnut, Keller Williams Realty
Listed By:
Nancy Hurley
(781) 214-0902
Source:
Massneighborhoods
Added: Oct 1
Last Checked: Oct 2 at 8:34PM
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 Robert Chestnut, Keller Williams Realty
Investment Insights
Based on property information with market context.
Built in 2012, this duplex contains 3,574 square feet across two residences. Each unit has four bedrooms and four full bathrooms, including three bedrooms with en-suite baths. The lower-level bedroom can also serve as an office or den, and each unit includes laundry and additional storage. Interior features include granite countertops, stainless steel appliances, central air, and forced-air heat. The property has seven off-street parking spaces.
Utilities are separately metered and paid by tenants. The property is in Brighton’s Aberdeen neighborhood, near Oak Square, the T, restaurants, and shops.
Utilities are separately metered and paid by tenants. The property is in Brighton’s Aberdeen neighborhood, near Oak Square, the T, restaurants, and shops.
Key Highlights
- Two units, each with 4 bedrooms and 4 full baths
- 3,574 square feet of living space
- 7 off‑street parking spaces
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
$90,312
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
5.64%
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%
$1,806,240
$1.8M
Cap Rate 7%
$1,290,171
$1.3M
Cap Rate 9%
$1,003,467
$1.0M
Market Conditions
NOI Build-Up for 3,574 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
$135.1K $37.80/SF
− Vacancy
−$6.1K −$1.70/SF
EGI
$129.0K $36.10/SF
− OpEx
−$38.7K −$10.83/SF
NOI
$90.3K $25.27/SF
Area
Boston, MA
Vacancy
4.50%
Lease Rate
$37.80 /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%
$1,806,240
Cap Rate 7%
$1,290,171
Cap Rate 9%
$1,003,467
Alternative Uses
Best Use
Multifamily LT 5
$1.29M
$1.13M – $1.51M
NOI $90,312 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,961 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,335 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,609
Businesses Nearby
Explore this area
Business Placement
Demographics for 02135, MA
47,232
Population
22,519
Households
2.1
Avg Household Size
29
Median Age
71%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
18,166
Density / Sq Mi
$88,208
Median Household Income
$57,124
Median Earnings
$2,179
Median Rent
$684,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer four bedrooms, four full baths, in-unit laundry, and separately metered utilities.
Where is this duplex located?
The property is located at 6 Larose Pl Boston, MA.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Two units, each with 4 bedrooms and 4 full baths; 3,574 square feet of living space; 7 off‑street parking spaces
