Side-by-Side Duplex with Two-Car
For Sale
$975,000
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$270.83
Days on Market54
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: Sep 12
Last Checked: Sep 12 at 6:46AM
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
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 = 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
$48,664
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
4.99%
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%
$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
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
$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 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%
$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 4.99%
Second Best
Apartment 5plus
$605.0K
$529.4K – $705.8K
NOI $42,350 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$1.23M
$1.08M – $1.43M
NOI $86,054 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Explore this area
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
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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 $975,000.
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
