Side-by-Side Duplex with
For Sale
$509,999
73 Weston Avenue, Holbrook, MA 02343
Two connected homes function as a side-by-side duplex, with public water and sewer and a detached two-car garage.
Property Size2,605 SF
Lot Size3.00 Acres
Price / SF$195.78
Days on Market125
Property Features for 73 Weston Avenue
General Information
Standard status
Active
Size
2,605 SF
Total Parking Spaces
8
Lot size
3.00 Acres
Property subtype
Multi-family / 2 Family - 2 Units Side by Side
Zoning
R3
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,616
Amenities
City/Town Sewer, Public
Yes, 2.00
No
1
Yes
3.0
Full, Finished, Unfinished Basement
2
2.50
3
Corner Lot
Building Details
Year Built
1900
Listing Agency:
Coldwell Banker Realty - Easton
(508) 230-2544
Listed By:
Catherine Walsh · License #9580272
(508) 230-2544
Source:
Compass
Added: Apr 7
Changed: Aug 8
Last Checked: Jul 23 at 3:29AM
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 - Easton
Investment Insights
Based on property information with market context.
This unique two-family property consists of two separate residences connected by an outdoor breezeway, creating the feel of individual homes while operating as a side-by-side duplex. Built in 1900, the property includes two units: one offers three bedrooms and 1.5 baths, and the other includes three bedrooms and one bath. Public water and sewer services are available, and a detached two-car garage is located on site.
The property is set on approximately three acres and sits on a low-traffic corner lot close to downtown Holbrook. The homes are being sold AS IS, and showings are available only during the advertised open house.
With two distinct units and shared connection via an outdoor breezeway, this layout can support straightforward duplex use while preserving separate residential spaces.
The property is set on approximately three acres and sits on a low-traffic corner lot close to downtown Holbrook. The homes are being sold AS IS, and showings are available only during the advertised open house.
With two distinct units and shared connection via an outdoor breezeway, this layout can support straightforward duplex use while preserving separate residential spaces.
Key Highlights
- Two‑family property with two separate houses connected by an outdoor breezeway (side‑by‑side duplex setup).
- Approx. 3 acres, built in 1900, located on a corner lot near downtown Holbrook.
- Residence layout: one home with 3 bedrooms and 1.5 baths; second home with 3 bedrooms and 1 bath.
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
$46,664
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
9.15%
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%
$933,280
$933.3K
Cap Rate 7%
$666,629
$666.6K
Cap Rate 9%
$518,489
$518.5K
Market Conditions
NOI Build-Up for 2,605 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
$70.3K $27.00/SF
− Vacancy
−$3.7K −$1.41/SF
EGI
$66.7K $25.59/SF
− OpEx
−$20.0K −$7.68/SF
NOI
$46.7K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /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%
$933,280
Cap Rate 7%
$666,629
Cap Rate 9%
$518,489
Alternative Uses
Best Use
Multifamily LT 5
$666.6K
$583.3K – $777.7K
NOI $46,664 @ 7.0% cap · market cap 9.15%
Second Best
Apartment 5plus
$615.1K
$538.2K – $717.6K
NOI $43,056 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,951 @ 7.0% cap · market cap 21.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 02343, MA
11,364
Population
4,268
Households
2.7
Avg Household Size
42
Median Age
37%
College-Educated
94%
High-School Grad
7.0 sq mi
ZIP Area
1,623
Density / Sq Mi
$107,198
Median Household Income
$56,269
Median Earnings
$1,522
Median Rent
$435,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two connected homes function as a side-by-side duplex, with public water and sewer and a detached two-car garage.
Where is this duplex located?
The property is located at 73 Weston Avenue Holbrook, MA.
What is the asking price?
The asking price for this property is $509,999.
What are key features of this property?
This property features: Two‑family property with two separate houses connected by an outdoor breezeway (side‑by‑side duplex setup).; Approx. 3 acres, built in 1900, located on a corner lot near downtown Holbrook.; Residence layout: one home with 3 bedrooms and 1.5 baths; second home with 3 bedrooms and 1 bath.
