Triplex with Three-Story
For Sale
$635,000
78 Nash Rd, New Bedford, MA 02746
Nine-bedroom configuration with three full bathrooms across a three-story multifamily residence.
Property Size3,066 SF
Lot Size0.08 Acres
Price / SF$207.11
Days on Market10
Property Features for 78 Nash Rd
General Information
Standard status
Active
Size
3,066 SF
Lot size
0.08 Acres
Property subtype
3 Family
Building Details
Year Built
1912
Stories
3
Listing Agency:
Keller Williams South Watuppa
(508) 863-6799
Listed By:
Ryan Lombard
(508) 863-6799
Source:
Lockandkeyre
Added: Aug 3
Changed: Aug 11
Last Checked: Aug 11 at 6:52AM
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 Keller Williams South Watuppa
Investment Insights
Based on property information with market context.
This triplex at 78 Nash Rd is a 3,066-square-foot multifamily residence constructed in 1912. The three-story layout includes nine bedrooms and three full bathrooms, with one bathroom located on each story. The property combines a substantial interior footprint with a compact 3,611-square-foot lot, creating a residential income asset with a defined exterior area.
Located in New Bedford, Massachusetts, the property is identified by the address 78 Nash Rd, New Bedford, MA 02746. Its three-story configuration, bedroom count, and bathroom distribution provide the primary physical characteristics for evaluating the residence.
Located in New Bedford, Massachusetts, the property is identified by the address 78 Nash Rd, New Bedford, MA 02746. Its three-story configuration, bedroom count, and bathroom distribution provide the primary physical characteristics for evaluating the residence.
Key Highlights
- Triplex with 3,066 square feet of living area
- Nine distinct bedrooms
- 3 full bathrooms distributed across 3 stories
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
$44,072
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
6.94%
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%
$881,440
$881.4K
Cap Rate 7%
$629,600
$629.6K
Cap Rate 9%
$489,689
$489.7K
Market Conditions
NOI Build-Up for 3,066 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
$68.1K $22.20/SF
− Vacancy
−$5.1K −$1.67/SF
EGI
$63.0K $20.54/SF
− OpEx
−$18.9K −$6.16/SF
NOI
$44.1K $14.37/SF
Area
New Bedford, MA
Vacancy
7.50%
Lease Rate
$22.20 /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%
$881,440
Cap Rate 7%
$629,600
Cap Rate 9%
$489,689
Alternative Uses
Best Use
Multifamily LT 5
$629.6K
$550.9K – $734.5K
NOI $44,072 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$578.0K
$505.8K – $674.4K
NOI $40,461 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$904.0K
$791.0K – $1.05M
NOI $63,282 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 02746, MA
17,355
Population
7,640
Households
2.3
Avg Household Size
33
Median Age
10%
College-Educated
67%
High-School Grad
2.8 sq mi
ZIP Area
6,198
Density / Sq Mi
$41,023
Median Household Income
$33,472
Median Earnings
$1,100
Median Rent
$324,400
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?
Triplex - Nine-bedroom configuration with three full bathrooms across a three-story multifamily residence.
Where is this triplex located?
The property is located at 78 Nash Rd New Bedford, MA.
What is the asking price?
The asking price for this property is $635,000.
What are key features of this property?
This property features: Triplex with 3,066 square feet of living area; Nine distinct bedrooms; 3 full bathrooms distributed across 3 stories
