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9-11 Thatcher Road, Yarmouth, MA, 02664
Updated Duplex Income Property

9-11 Thatcher Road Yarmouth, MA 02664

For Sale
$549,000

Duplex with two mirror-image units, each offering two bedrooms and one full bathroom.

Property Size912 SF
Price / SF$601.97
Days on Market139

Property Features for 9-11 Thatcher Road

General Information

Standard status
Active
Size
912 SF
Property subtype
Multi-family / 2 Family - 2 Units Side by Side

Building Details

Year Built
1955
Listing Agency: Compass
Listed By: Sarah Harrington · License #9561953
Source: Compass
Added: Mar 6 Changed: Jul 23 Last Checked: Jul 23 at 1:48PM

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 Compass


Investment Insights

Based on property information with market context.

This updated duplex features two mirror-image units. Each unit includes two bedrooms and a full bathroom. Recent improvements reported include kitchen appliances, plumbing and electrical system updates, a hot water heater, roof, and mini-split system.

Laundry amenities are addressed on both sides of the property. The 9 Thatcher unit includes a remodeled bathroom and a new washer and dryer. On the 11 Thatcher side, the laundry hookup process has been started to streamline adding a laundry setup.

The layout is designed for dual-family living or rental use, with consistent unit configuration across both sides and ongoing updates throughout.

Key Highlights

  • Duplex with two mirror‑image units, each with 2 bedrooms and 1 full bathroom
  • Appliances included: range, refrigerator, washer, and dryer
  • Recent updates include kitchen appliances, plumbing and electrical systems, hot water heater, and roof (shingle)

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 $30.1k $33.00
− Vacancy −$1.1k −$1.16
EGI $29.0k $31.85
− OpEx −$8.7k −$9.55
NOI $20.3k $22.29
912 SF · lease $33.00/SF/yr · vacancy 3.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$290.4K
$254.1K – $338.8K (±1% cap)
NOI $20,330 @ 7.0% cap · market cap 3.70%
Second Best
Apartment 5plus
$261.1K
$228.4K – $304.6K (±1% cap)
NOI $18,275 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$371.6K
$325.2K – $433.6K (±1% cap)
NOI $26,015 @ 7.0% cap · market cap 4.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Auto Repair Shop Parking Lot & Garage Building Supply HVAC Service Furniture & Home Goods Garden Center Kitchen & Bath Showroom Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two mirror-image units, each offering two bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 9-11 Thatcher Road Yarmouth, MA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Duplex with two mirror‑image units, each with 2 bedrooms and 1 full bathroom; Appliances included: range, refrigerator, washer, and dryer; Recent updates include kitchen appliances, plumbing and electrical systems, hot water heater, and roof (shingle)
More about this property
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