Mixed-Use Multi-Family and
For Sale
$1,350,000
826 Broadway, Raynham, MA 02767
Mixed-use property with four residential units and an operating restaurant/bar space plus a newer addition.
Property Size5,358 SF
Price / SF$251.96
Days on Market57
Property Features for 826 Broadway
General Information
Standard status
Active
Size
5,358 SF
Property subtype
Commercial
Building Details
Year Built
1900
Listing Agency:
Realty Executives Metro South
Listed By:
Michelle Almeida
(781) 933-7200
Source:
Jmulkerinrealty
Added: Jul 16
Changed: Sep 10
Last Checked: Sep 9 at 10:45AM
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 Realty Executives Metro South
Investment Insights
Based on property information with market context.
This freestanding mixed-use property includes four residential units and a separate commercial restaurant/bar space. The residential layout consists of two 2-bedroom units and two 1-bedroom units. A newer 1,320 square foot addition supports the restaurant where the commercial space operates.
Utilities include city water and city sewer, natural gas, and TMLP for electric. Heating is provided by four newer high-efficiency, wall-mounted Laars boilers with separate heat zones.
The commercial restaurant/bar business is not included in the sale, and the property listing notes that the business currently operating in the commercial space will not transfer as part of the transaction.
Utilities include city water and city sewer, natural gas, and TMLP for electric. Heating is provided by four newer high-efficiency, wall-mounted Laars boilers with separate heat zones.
The commercial restaurant/bar business is not included in the sale, and the property listing notes that the business currently operating in the commercial space will not transfer as part of the transaction.
Key Highlights
- Mixed‑use freestanding property on over 1 acre in Raynham with 4 residential units plus a restaurant/bar space
- Residential unit mix: 2 two‑bedroom units and 2 one‑bedroom units
- Restaurant/bar operates in a newer 1,320 SF addition (business not included in the sale)
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
$95,753
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
7.09%
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%
$1,915,060
$1.9M
Cap Rate 7%
$1,367,900
$1.4M
Cap Rate 9%
$1,063,922
$1.1M
Market Conditions
NOI Build-Up for 5,358 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
$147.9K $27.60/SF
− Vacancy
−$11.1K −$2.07/SF
EGI
$136.8K $25.53/SF
− OpEx
−$41.0K −$7.66/SF
NOI
$95.8K $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%
$1,915,060
Cap Rate 7%
$1,367,900
Cap Rate 9%
$1,063,922
Alternative Uses
Best Use
Multifamily LT 5
$1.37M
$1.20M – $1.60M
NOI $95,753 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,987 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$3.26M
$2.86M – $3.81M
NOI $228,405 @ 7.0% cap · market cap 16.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
Explore this area
Business Placement
Demographics for 02767, MA
15,376
Population
6,089
Households
2.5
Avg Household Size
43
Median Age
41%
College-Educated
91%
High-School Grad
24.8 sq mi
ZIP Area
620
Density / Sq Mi
$119,550
Median Household Income
$64,676
Median Earnings
$1,671
Median Rent
$507,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Mixed-use property with four residential units and an operating restaurant/bar space plus a newer addition.
Where is this quadplex located?
The property is located at 826 Broadway Raynham, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Mixed‑use freestanding property on over 1 acre in Raynham with 4 residential units plus a restaurant/bar space; Residential unit mix: 2 two‑bedroom units and 2 one‑bedroom units; Restaurant/bar operates in a newer 1,320 SF addition (business not included in the sale)
