Two-Family
For Sale
$1,298,000
99 Putnam St, Quincy, MA 02169
The two-family layout supports either owner occupancy or use as a rental property.
Property Size3,110 SF
Days on Market8
Property Features for 99 Putnam St
General Information
Standard status
Active
Size
3,110 SF
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,939
Building Details
Building Size
3,110 SF
Year Built
1940
Listing Agency:
Keller Williams Realty
Listed By:
Jackson Lam
(617) 296-3000
Source:
Nerealtyco
Added: Oct 14
Changed: Oct 19
Last Checked: Oct 19 at 1:45PM
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 Keller Williams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Quincy duplex contains two family units within 3,110 square feet. Built in 1940, the property is situated on a side street.
Quincy Center T Station and Wollaston Beach are each described as a 10-minute walk away. Highways serving the South Shore and Boston are a 10-minute drive, with schools, banks, restaurants, and shopping also nearby.
Quincy Center T Station and Wollaston Beach are each described as a 10-minute walk away. Highways serving the South Shore and Boston are a 10-minute drive, with schools, banks, restaurants, and shopping also nearby.
Key Highlights
- Two‑family property with 3,110 square feet
- Built in 1940
- 10‑minute walk to Quincy Center T Station and Wollaston Beach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,516
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,320
$1.1M
Cap Rate 7%
$750,229
$750.2K
Cap Rate 9%
$583,511
$583.5K
Market Conditions
NOI Build-Up for 3,110 SF
Gross rent
$80.2K $25.80/SF
− Vacancy
−$5.2K −$1.68/SF
EGI
$75.0K $24.12/SF
− OpEx
−$22.5K −$7.24/SF
NOI
$52.5K $16.89/SF
Area
Quincy, MA
Vacancy
6.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,320
Cap Rate 7%
$750,229
Cap Rate 9%
$583,511
Alternative Uses
Best Use
Multifamily LT 5
$750.2K
$656.5K – $875.3K
NOI $52,516 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$689.1K
$603.0K – $803.9K
NOI $48,236 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,679 @ 7.0% cap · market cap 9.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,973
Businesses Nearby
Explore this area
Business Placement
Demographics for 02169, MA
62,140
Population
30,198
Households
2.1
Avg Household Size
39
Median Age
48%
College-Educated
92%
High-School Grad
12.1 sq mi
ZIP Area
5,136
Density / Sq Mi
$92,080
Median Household Income
$60,166
Median Earnings
$1,975
Median Rent
$552,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-family layout supports either owner occupancy or use as a rental property.
Where is this duplex located?
The property is located at 99 Putnam St Quincy, MA.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: Two‑family property with 3,110 square feet; Built in 1940; 10‑minute walk to Quincy Center T Station and Wollaston Beach
