Side-by-Side Duplex with Two-Car
For Sale
$970,000
72 Cottage Ln, Templeton, MA 01468
Brand-new side-by-side duplex featuring separate entrances, two-car attached garages, and modern finishes throughout.
Property Size3,600 SF
Price / SF$269.44
Days on Market100
Property Features for 72 Cottage Ln
General Information
Standard status
Active
Size
3,600 SF
Property subtype
2 Family - 2 Units Side by Side
Building Details
Year Built
2025
Listing Agency:
Coldwell Banker Realty - Worcester
(508) 795-7500
Listed By:
Eliana Jahnke
(774) 386-4541
Source:
Lockandkeyre
Added: Jul 22
Changed: Oct 29
Last Checked: Oct 28 at 8:08AM
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 Coldwell Banker Realty - Worcester
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Investment Insights
Based on property information with market context.
Brand new side-by-side duplex offers two separate units, each with 3 bedrooms and 2.5 bathrooms. The main level includes hardwood flooring, while bedrooms are carpeted. Kitchens feature granite countertops and stainless steel appliances. Heating and cooling are provided by energy-efficient ductless mini-split systems. Each unit also includes a low-maintenance composite deck and an attached two-car garage.
The upstairs primary suite features a spa-inspired jetted soaking tub and a walk-in shower with dual shower heads. Additional upstairs bedrooms share a Jack-and-Jill bathroom. Separate entrances, separate utilities, and no shared common areas are designed to give each unit a private, single-family feel.
This is a turnkey duplex on a quiet cul-de-sac, well suited for owner-occupants and investors looking for a modern income-producing property.
The upstairs primary suite features a spa-inspired jetted soaking tub and a walk-in shower with dual shower heads. Additional upstairs bedrooms share a Jack-and-Jill bathroom. Separate entrances, separate utilities, and no shared common areas are designed to give each unit a private, single-family feel.
This is a turnkey duplex on a quiet cul-de-sac, well suited for owner-occupants and investors looking for a modern income-producing property.
Key Highlights
- Brand‑new (2025) side‑by‑side duplex with separate entrances for each unit
- Each unit features 3 bedrooms and 2.5 bathrooms, including a vaulted primary suite
- Primary suite includes a jetted soaking tub and a walk‑in shower with dual shower heads
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,664
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$973,280
$973.3K
Cap Rate 7%
$695,200
$695.2K
Cap Rate 9%
$540,711
$540.7K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$71.3K $19.80/SF
− Vacancy
−$1.8K −$0.49/SF
EGI
$69.5K $19.31/SF
− OpEx
−$20.9K −$5.79/SF
NOI
$48.7K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$973,280
Cap Rate 7%
$695,200
Cap Rate 9%
$540,711
Alternative Uses
Best Use
Multifamily LT 5
$695.2K
$608.3K – $811.1K
NOI $48,664 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$605.0K
$529.4K – $705.8K
NOI $42,350 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,054 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
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Business Placement
Demographics for 01468, MA
4,309
Population
1,823
Households
2.4
Avg Household Size
43
Median Age
35%
College-Educated
97%
High-School Grad
22.0 sq mi
ZIP Area
196
Density / Sq Mi
$110,938
Median Household Income
$68,781
Median Earnings
$1,308
Median Rent
$358,700
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 - Brand-new side-by-side duplex featuring separate entrances, two-car attached garages, and modern finishes throughout.
Where is this duplex located?
The property is located at 72 Cottage Ln Templeton, MA.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: Brand‑new (2025) side‑by‑side duplex with separate entrances for each unit; Each unit features 3 bedrooms and 2.5 bathrooms, including a vaulted primary suite; Primary suite includes a jetted soaking tub and a walk‑in shower with dual shower heads
