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Turn-of-the-Century Two-Family Home

92-94 Stanton Street Rockland, MA 02370

92-94 Stanton Street, Rockland, MA, 02370
$700,000
For Sale
$700,000

Two well-maintained units feature eat-in kitchens, spacious living areas, and a walk-up attic with expansion potential.

Property Size2,900 SF
Price / SF$241.38
Days on Market78

Property Features for 92-94 Stanton Street

General Information

Standard status
Active
Size
2,900 SF
Property subtype
Multi-family

Building Details

Year Built
1880
Listing agency Block Realty
Listed by AD Advisors Team
Source Rosenrealty
Added: May 6 Updated: Jul 22 at 5:47AM Checked: Jul 22 at 5:47AM

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 Block Realty


Investment Insights

Based on property information with market context.

A turn-of-the-century two-family residence with two separate units and clean, well-kept interior finishes throughout. Both units offer spacious bedrooms, sun-filled living and dining rooms, and eat-in kitchens. A walk-up attic provides additional ceiling height that could support future expansion of the second-floor unit.

The property includes updated electrical systems and a thoughtfully landscaped yard with a classic farmhouse-style front porch. It also offers generous parking for six or more vehicles and “excellent frontage” as described in the remarks.

One unit is occupied by a long-term, income-producing tenant, providing immediate rental value. The property is offered for sale, with first showings at the open house and offers due Tuesday 6/2 at 1pm as stated in the remarks.

Key Highlights

  • Two‑family home built in 1880 with beautifully maintained interiors and a classic farmhouse‑style front porch
  • Each unit includes spacious bedrooms, sun‑filled living and dining rooms, and eat‑in kitchens
  • First‑floor unit has a long‑term, income‑producing tenant

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 $74.0k $25.50
− Vacancy −$3.9k −$1.36
EGI $70.0k $24.14
− OpEx −$21.0k −$7.24
NOI $49.0k $16.90
2,900 SF · lease $25.50/SF/yr · vacancy 5.32% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$700.2K
$612.6K – $816.9K (±1% cap)
NOI $49,011 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$645.3K
$564.6K – $752.8K (±1% cap)
NOI $45,170 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,175 @ 7.0% cap · market cap 17.17%
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 Bakery Dental Office Accounting Firm (Bike/Boat/Book/etc) Store Real Estate Agency Storage Facility (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two well-maintained units feature eat-in kitchens, spacious living areas, and a walk-up attic with expansion potential.
Where is this duplex located?
The property is located at 92-94 Stanton Street Rockland, MA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two‑family home built in 1880 with beautifully maintained interiors and a classic farmhouse‑style front porch; Each unit includes spacious bedrooms, sun‑filled living and dining rooms, and eat‑in kitchens; First‑floor unit has a long‑term, income‑producing tenant
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