First-Floor Residential Income
For Sale
$294,900
80 Walnut St, Canton, MA 02021
Two bedrooms, gas heat and cooking, and shared laundry support everyday residential use.
Property Size785 SF
Price / SF$375.67
Days on Market145
Property Features for 80 Walnut St
General Information
Standard status
Active
Size
785 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
in building laundry
Range
Dishwasher
Disposal
Refrigerator
Wall Unit(s)
Baseboard, Natural Gas
1.0 Story
$3,112 Taxes
Public
Built in 1968
Building Details
Year Built
1968
Listing Agency:
Conway - Canton
(781) 828-5290
Listed By:
William McGonigle
Source:
Donahuere
Added: Jun 9
Changed: Oct 30
Last Checked: Oct 30 at 2:25PM
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 Conway - Canton
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Investment Insights
Based on property information with market context.
This first-floor residential unit offers 785 square feet with two bedrooms and one full bathroom. The home was built in 1968 and has gas heat and cooking. Water, sewer, and hot water are included, and residents have access to laundry within the building.
Shopping and commuter rail are within walking distance, adding convenient access to everyday services and transit.
Shopping and commuter rail are within walking distance, adding convenient access to everyday services and transit.
Key Highlights
- 785‑square‑foot unit with two bedrooms and one full bathroom
- First‑floor location
- Water, sewer, and hot water included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,975
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,500
$259.5K
Cap Rate 7%
$185,357
$185.4K
Cap Rate 9%
$144,167
$144.2K
Market Conditions
NOI Build-Up for 785 SF
Gross rent
$25.0K $31.80/SF
− Vacancy
−$1.4K −$1.75/SF
EGI
$23.6K $30.05/SF
− OpEx
−$10.6K −$13.52/SF
NOI
$13.0K $16.53/SF
Area
Norfolk County, MA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,500
Cap Rate 7%
$185,357
Cap Rate 9%
$144,167
Alternative Uses
Best Use
Apartment 5plus
$185.4K
$162.2K – $216.3K
NOI $12,975 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$464.7K
$406.6K – $542.2K
NOI $32,530 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
612
Businesses Nearby
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Business Placement
Demographics for 02021, MA
24,370
Population
9,955
Households
2.4
Avg Household Size
43
Median Age
65%
College-Educated
97%
High-School Grad
18.7 sq mi
ZIP Area
1,303
Density / Sq Mi
$128,341
Median Household Income
$80,408
Median Earnings
$2,237
Median Rent
$665,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms, gas heat and cooking, and shared laundry support everyday residential use.
Where is this residential income property located?
The property is located at 80 Walnut St Canton, MA.
What is the asking price?
The asking price for this property is $294,900.
What are key features of this property?
This property features: 785‑square‑foot unit with two bedrooms and one full bathroom; First‑floor location; Water, sewer, and hot water included
