Duplex with Fenced
75 Chapel St, Shirley, MA 01464
For Sale
New
$449,900
Two residential units span two stories, with a possible additional in-law unit on the lower level.
Property Size1,961 SF
Lot Size0.39 Acres
Price / SF$229.42
Days on Market2
Property Features for 75 Chapel St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Public Transit
Multifamily Units
Amenities
fenced yard
Building Details
Year Built
Stories
Listing Agency:
Michael Lord, Capital Realty Group
Listed By:
Moor Realty Group
(781) 961-6667
Source:
Moorrealty
Added: Nov 6
Last Checked: Nov 6 at 7:20AM
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 Michael Lord, Capital Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story duplex at 75 Chapel St in Shirley contains 1,961 square feet of living area and three full bathrooms. Built in 1930, the property has two units, with potential for an additional in-law unit on the lower level. A fenced yard sits on the 16,988-square-foot lot.
The property is within walking distance of the commuter rail and near Devens.
The property is within walking distance of the commuter rail and near Devens.
Key Highlights
- Two units with potential for a third in‑law unit on the lower level
- 1,961 square feet across two stories
- Three full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,017
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,340
$780.3K
Cap Rate 7%
$557,386
$557.4K
Cap Rate 9%
$433,522
$433.5K
Market Conditions
NOI Build-Up for 1,961 SF
Gross rent
$74.8K $38.16/SF
− Vacancy
−$3.9K −$1.98/SF
EGI
$70.9K $36.18/SF
− OpEx
−$31.9K −$16.28/SF
NOI
$39.0K $19.90/SF
Area
Middlesex County, MA
Vacancy
5.20%
Lease Rate
$38.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$780,340
Cap Rate 7%
$557,386
Cap Rate 9%
$433,522
Alternative Uses
Best Use
Multifamily LT 5
$592.8K
$518.7K – $691.6K
NOI $41,495 @ 7.0% cap · market cap 9.22%
Second Best
Apartment 5plus
$557.4K
$487.7K – $650.3K
NOI $39,017 @ 7.0% cap · market cap 8.67%
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,263 @ 7.0% cap · market cap 18.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
212
Businesses Nearby
Explore this area
Business Placement
Demographics for 01464, MA
7,427
Population
2,512
Households
3
Avg Household Size
43
Median Age
36%
College-Educated
90%
High-School Grad
15.1 sq mi
ZIP Area
492
Density / Sq Mi
$121,875
Median Household Income
$73,721
Median Earnings
$1,189
Median Rent
$412,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Middlesex County, MA
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units span two stories, with a possible additional in-law unit on the lower level.
Where is this duplex located?
The property is located at 75 Chapel St Shirley, MA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two units with potential for a third in‑law unit on the lower level; 1,961 square feet across two stories; Three full bathrooms
