Two-Family Home with
83 Fairhaven Road Mattapoisett, MA 02739
83 Fairhaven Road, Mattapoisett, MA, 02739
$499,900
For Sale
$499,900
Built in 1920, this two-unit home offers hardwood floors, gas heat, and full kitchens and baths.
Property Size1,792 SF
Price / SF$278.96
Days on Market106
Property Features for 83 Fairhaven Road
General Information
- Standard status
- Active
- Size
- 1,792 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Side by Side
Building Details
- Year Built
- 1920
Listing agency
Coldwell Banker Realty - Marion
(508) 748-3044
Listed by
Michelle Humphrey · License #9566439
(508) 748-3044
Source
Compass
Added: Apr 7 Updated: Jul 20 at 11:47PM Checked: Jul 21 at 8:27AM
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 Coldwell Banker Realty - Marion
Investment Insights
Based on property information with market context.
Built in 1920, this two-family residence provides 1,792 square feet across two well-appointed units. Each unit features hardwood floors, gas heat, and full kitchens and baths. The home includes 7 total rooms, with 3 bedrooms and 2 baths distributed throughout, along with an enclosed porch, garage, and an expansive backyard.
Located in the heart of Mattapoisett, the property is convenient to Mattapoisett Village, local beaches, the scenic bike path, and the harbor, supporting a strong live-and-enjoy lifestyle.
Set on a 0.76-acre lot, the layout offers flexibility for owner-occupants, multi-generational living, or an income-focused setup, with each unit maintaining its own kitchen and bath.
Located in the heart of Mattapoisett, the property is convenient to Mattapoisett Village, local beaches, the scenic bike path, and the harbor, supporting a strong live-and-enjoy lifestyle.
Set on a 0.76-acre lot, the layout offers flexibility for owner-occupants, multi-generational living, or an income-focused setup, with each unit maintaining its own kitchen and bath.
Key Highlights
- Two‑family home built in 1920 with 1,792 SF total living space
- Two units each feature full kitchens and full baths, plus hardwood floors and gas heat
- Full basement with interior access and bulkhead
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.7k | $25.50 |
| − Vacancy | −$2.4k | −$1.36 |
| EGI | $43.3k | $24.14 |
| − OpEx | −$13.0k | −$7.24 |
| NOI | $30.3k | $16.90 |
1,792 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$432.6K
$378.6K – $504.8K
NOI $30,285 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$398.7K
$348.9K – $465.2K
NOI $27,912 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$1.06M
$928.3K – $1.24M
NOI $74,260 @ 7.0% cap · market cap 14.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Built in 1920, this two-unit home offers hardwood floors, gas heat, and full kitchens and baths.
Where is this duplex located?
The property is located at 83 Fairhaven Road Mattapoisett, MA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑family home built in 1920 with 1,792 SF total living space; Two units each feature full kitchens and full baths, plus hardwood floors and gas heat; Full basement with interior access and bulkhead
