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Victorian Duplex with Garage
For Sale
$759,000

8 Coram St, Taunton, MA 02780

Residential Income, Taunton, MA

Property Size3,436 SF
Lot Size0.22 Acres
Price / SF$220.90
Days on Market41

Property Features for 8 Coram St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning 3.33
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2
Parking 8
Directions Broadway to Coram St
Standard status Active
APN M:0055 B:0000 L:00360,2976853
Size 3,436 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 7566

Amenities

hardwood floors
fenced yard
detached two-car garage
finished third floor

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Listing Agency: Keller Williams Realty
Listed By: Scott Morris
Added: Aug 7 Changed: Sep 12 Last Checked: Sep 16 at 12:06AM
MLS# 73560963

Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1900-built duplex contains two residential units within 3,436 square feet. Interior details include hardwood flooring and Victorian-era character, while the property also provides a fenced yard, detached two-car garage, and additional parking. The finished third floor includes a bedroom, bathroom, and living area, creating flexible space associated with the upper unit or potential rental use.

The property occupies 0.22 acres in Taunton, Massachusetts. Its layout combines established multifamily configuration with finished ancillary space and outdoor improvements. The record identifies three bathrooms and five bedrooms overall, supporting the scale of the existing residential arrangement.

Key Highlights

  • Duplex with two residential units and 3,436 square feet
  • Finished third floor includes a bedroom, bathroom, and living area
  • Detached two‑car garage with additional parking

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
$61,405
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
8.09%
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%
$1,228,100 $1.2M
Cap Rate 7%
$877,214 $877.2K
Cap Rate 9%
$682,278 $682.3K
Market Conditions
NOI Build-Up for 3,436 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
$94.8K $27.60/SF
− Vacancy
−$7.1K −$2.07/SF
EGI
$87.7K $25.53/SF
− OpEx
−$26.3K −$7.66/SF
NOI
$61.4K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /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%
$1,228,100
Cap Rate 7%
$877,214
Cap Rate 9%
$682,278

Alternative Uses

Best Use
Multifamily LT 5
$877.2K
$767.6K – $1.02M (±1% cap)
NOI $61,405 @ 7.0% cap · market cap 8.09%
Second Best
Apartment 5plus
$815.2K
$713.3K – $951.1K (±1% cap)
NOI $57,066 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M (±1% cap)
NOI $146,473 @ 7.0% cap · market cap 19.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility Home Appliance Store Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,070
Businesses Nearby

Demographics for 02780, MA

52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature hardwood floors, a fenced yard, and a detached garage with additional parking.
Where is this duplex located?
The property is located at 8 Coram St Taunton, MA.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Duplex with two residential units and 3,436 square feet; Finished third floor includes a bedroom, bathroom, and living area; Detached two‑car garage with additional parking
More about this property
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