3-Unit Multifamily
New
For Sale
$625,000
64 Oak St, Taunton, MA 02780
Six bedrooms span two ground-level residences and one upper-level residence with established occupancy.
Property Size2,135 SF
Days on Market6
Property Features for 64 Oak St
General Information
Standard status
Active
Size
2,135 SF
Property subtype
Investment
Occupancy
100%
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,484
Amenities
coin-operated laundry
fenced yard
shed
off-street parking
walkout basement
Building Details
Building Size
2,135 SF
Year Built
1900
Stories
4
Units
3
Listed By:
Brian Dasilva
(508) 962-0600
Source:
Elliman
Added: Sep 10
Last Checked: Sep 14 at 9:58AM
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 Brian Dasilva
Investment Insights
Based on property information with market context.
This three-unit multifamily property at 64 Oak St in Taunton includes six bedrooms arranged among two first-floor residences and one second-floor residence. The building is fully occupied and supported by long-term tenants, with separate utilities, a house meter, and coin-operated laundry. A newer roof adds to the property's recent improvements.
The walkout basement provides substantial storage, complemented by an additional shed. Exterior features include a fenced yard and off-street parking. Built in 1900, the property offers a practical three-unit configuration with established occupancy and supporting features for an income-producing residential asset.
The walkout basement provides substantial storage, complemented by an additional shed. Exterior features include a fenced yard and off-street parking. Built in 1900, the property offers a practical three-unit configuration with established occupancy and supporting features for an income-producing residential asset.
Key Highlights
- Three‑unit property with six bedrooms and full occupancy
- Two first‑floor units plus one second‑floor unit
- Separate utilities, house meter, and coin‑operated laundry
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
$38,155
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
6.10%
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%
$763,100
$763.1K
Cap Rate 7%
$545,071
$545.1K
Cap Rate 9%
$423,944
$423.9K
Market Conditions
NOI Build-Up for 2,135 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
$58.9K $27.60/SF
− Vacancy
−$4.4K −$2.07/SF
EGI
$54.5K $25.53/SF
− OpEx
−$16.4K −$7.66/SF
NOI
$38.2K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /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%
$763,100
Cap Rate 7%
$545,071
Cap Rate 9%
$423,944
Alternative Uses
Best Use
Multifamily LT 5
$545.1K
$476.9K – $635.9K
NOI $38,155 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$506.6K
$443.2K – $591.0K
NOI $35,459 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,012 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Check the figures for this property
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?
Triplex - Six bedrooms span two ground-level residences and one upper-level residence with established occupancy.
Where is this triplex located?
The property is located at 64 Oak St Taunton, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑unit property with six bedrooms and full occupancy; Two first‑floor units plus one second‑floor unit; Separate utilities, house meter, and coin‑operated laundry
