9-Plex
30 Intervale St · Brockton, MA
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.72%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $915 – $1,699
Heat risk 5/10 · Moderate
- Hot days now (above 98°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 68.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +1.5/10.0
- Appreciation +0.0/10.0
$1,440,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 9 units. confirmed
5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.
Listing remarks MLS
Northeast Private Client Group® is pleased to present the Intervale Street Development project located at 30 Intervale Street in Brockton, MA.This project has been ZBA-approved for 28 residential total units, a three-story, 16,187 GLA SF building. The units range from 357-476 SF.The property includes three adjacent lots, a total of four lots for a total of 0.5 Acres.All interested and qualified parties can obtain additional information & floor plans upon request.
Key facts
- 0.5 acre lot
- Built 2025
- Listed 10 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 9 × 3-bed/?-bath units multifamily listed at $1.44M.
Deal economics
- At list price, monthly cash flow is $11k ($132k/yr) — positive. Per door: $1k/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($25k rent vs $1.44M).
- Cap rate 15.5% vs local median 4.1% in Brockton — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 74/100 on livability (#90 in MA, #4,625 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: schools D, crime F, amenities F.
- Brockton (suburban): math 12% / reading 22% proficiency, ranked #298 of 302 in MA (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 34 active listings in the ZIP; solid renter incomes; 1,255 units permitted in Plymouth County in 2024 (411 in 5+ unit buildings).
- At $24,722/mo this rent would consume 322% of the median local household income ($92k/yr) (locally 795% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $10k of loan paydown is wiped out by about $43k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $403k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
- 2 sale attempts since 6y ago; this cycle's ask has dropped $110k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $550k; list at $1.44M implies a 162% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Climate carrying-cost: major flood risk; major wind risk, 68% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.72% ✓
- Cap rate
- 15.46%
- Cash-on-cash
- 32.72%
- DSCR
- 2.46
- GRM
- 4.9
CMA / ARV
- ARV (median comp)
- $3,181,010
- List price
- $1,440,000
- Delta
- -54.73%
- Verdict
- UNDERPRICED
- Comps
- 1 within 2.0 mi
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 27.8%
- Equity multiple
- 2.16×
- Total profit
- $466,451
- Equity at exit
- $214,709
- IRR
- 35.3%
- Equity multiple
- 4.24×
- Total profit
- $1,305,892
- Equity at exit
- $124,505
Cash invested: $403,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 20 Strongly Tenant-Friendly
- State Massachusetts
- 20 Strongly Tenant-Friendly · D+15
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 02302
- Active inventory
- 34
- Price-to-rent
- 43.7×
Monthly cashflow live
- Estimated rent
- $24,722 high interval (Pro) →
- Mortgage (P&I)
- −$7,552
- Tax from tax record
- −$384 /mo · $4,604/yr
- Insurance
- −$600
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$5,192
- Net cashflow
- $10,995
Break-even live
9-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 9× units | 3 | — | $24,723 |
| #1 | 3 | — | $2,747 |
| #2 | 3 | — | $2,747 |
| #3 | 3 | — | $2,747 |
| #4 | 3 | — | $2,747 |
| #5 | 3 | — | $2,747 |
| #6 | 3 | — | $2,747 |
| #7 | 3 | — | $2,747 |
| #8 | 3 | — | $2,747 |
| #9 | 3 | — | $2,747 |
| Total (9 units) | $24,722 | ||
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $360,000
- Closing costs
- $43,200
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 14 events
-
2026-06-18days on market $1,440,000 Active 10 DOM
-
2026-06-17days on market $1,440,000 Active 9 DOM
-
2026-06-16days on market $1,440,000 Active 8 DOM
-
2026-06-15days on market $1,440,000 Active 7 DOM
-
2026-06-13statusdays on market $1,440,000 Active 5 DOM
-
2026-06-08statusdays on market $1,440,000 New 1 DOM
-
2026-05-31days on market $1,440,000 Price Changed 139 DOM
-
2026-03-03price $1,540,000 475-char remark
Show marketing remark (475 chars)
Northeast Private Client Group® is pleased to present the Intervale Street Development project located at 30 Intervale Street in Brockton, MA.This project has been ZBA-approved for 28 residential total units, a three-story, 16,187 GLA SF building. The units range from 357-476 SF.The property includes three adjacent lots, a total of four lots for a total of 0.5 Acres.All interested and qualified parties can obtain additional information & floor plans upon request.
-
2026-01-12$1,550,000 New 475-char remark
Show marketing remark (475 chars)
Northeast Private Client Group® is pleased to present the Intervale Street Development project located at 30 Intervale Street in Brockton, MA.This project has been ZBA-approved for 28 residential total units, a three-story, 16,187 GLA SF building. The units range from 357-476 SF.The property includes three adjacent lots, a total of four lots for a total of 0.5 Acres.All interested and qualified parties can obtain additional information & floor plans upon request.
-
2020-10-13soldstatus $550,000 Sold 294-char remark
Show marketing remark (294 chars)
Here is your chance to build a 15 unit apartment building from the ground up! The plan calls for 12 2 bedroom units and 3 one bedroom units. See attached plans in MLS. Engineering/Architect in place, there is a bid in place with a contractor to finish the construction phase for 1.3 million.
-
2020-07-17status Under Agreement 294-char remark
Show marketing remark (294 chars)
Here is your chance to build a 15 unit apartment building from the ground up! The plan calls for 12 2 bedroom units and 3 one bedroom units. See attached plans in MLS. Engineering/Architect in place, there is a bid in place with a contractor to finish the construction phase for 1.3 million.
-
2020-07-09price $599,900 294-char remark
Show marketing remark (294 chars)
Here is your chance to build a 15 unit apartment building from the ground up! The plan calls for 12 2 bedroom units and 3 one bedroom units. See attached plans in MLS. Engineering/Architect in place, there is a bid in place with a contractor to finish the construction phase for 1.3 million.
-
2020-07-01price $699,900 294-char remark
Show marketing remark (294 chars)
Here is your chance to build a 15 unit apartment building from the ground up! The plan calls for 12 2 bedroom units and 3 one bedroom units. See attached plans in MLS. Engineering/Architect in place, there is a bid in place with a contractor to finish the construction phase for 1.3 million.
-
2020-05-22$749,900 New 294-char remark
Show marketing remark (294 chars)
Here is your chance to build a 15 unit apartment building from the ground up! The plan calls for 12 2 bedroom units and 3 one bedroom units. See attached plans in MLS. Engineering/Architect in place, there is a bid in place with a contractor to finish the construction phase for 1.3 million.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MA · Partial reset (capped growth)
- Current annual tax
- $4,604 · $384/mo
- Projected year-2 tax
- $11,158 · $930/mo
- Expected delta
- +$6,554/yr (+$546/mo · 142.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 5/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
- Wind 6/10 Major 68% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $296,664
- − Mortgage interest
- −$80,662
- − Property taxes
- −$4,604
- − Insurance
- −$7,200
- − Repairs & maintenance
- −$23,733
- − Management
- −$23,733
- − Depreciation
- −$41,891
- Taxable income
- $114,840
- Est. tax owed @ 24.0%
- −$27,562
- After-tax cash flow
- $104,381/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Brockton
- NCES district ID
- 2503090
- Math proficiency
- 12% ▼ -11.00%
- Reading proficiency
- 22% ▼ -6.00%
- Median HH income
- $49,822
- Composite
- 15.37/100
- National rank
- #9323
- State rank
- #298 of 302 in MA
Livability — Brockton
- Score
- 74/100
- State rank
- #90
- US rank
- #4625
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Brockton, MA
- County
- Plymouth County · 358,589 people
- City population
- 105,386
- Metro
- Boston-Cambridge-Newton, MA-NH
- Population (ZIP)
- 36,417
- Household income
- $92,274
- Rent vs Own
- Severe rent burden
- 795.0
Population outlook (Plymouth County) Hauer SSP2
- Today (2025)
- 533,105 people
- By 2030
- 541,862 · +1.6%
- By 2040
- 549,791 · +3.1%
- By 2050
- 542,476 · +1.8%
- By 2075
- 518,429 · -2.8%
- By 2100
- 448,179 · -15.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.77)
- Race & ethnicity
- Black 34% White 32% Two or more races 16% Hispanic / Latino 13% Asian 2%
- Hispanic origin (detail)
- Puerto Rican 6% Dominican 1%
- Common ancestry
- Hispanic 11% Russian 2% Lithuanian 1%
- Foreign-born
- 30% · Canada, Vietnam, Guatemala
- Languages at home
- 58% English-only · French/Haitian/Cajun 20% Other Indo-European 11% Spanish 8%
Political lean MEDSL · Plymouth
- 2024 margin
- Lean D (+8.8) · D 53.6% · R 44.7% · Other 1.7%
- 2008→2024 swing
- +1.3pp toward D · 2008: 7.6pp · 2024: 8.8pp
- All cycles
- 2024: D+8.8 2020: D+17.4 2016: D+7.2 2012: D+3.8 2008: D+7.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -398.86%
- Current HPI
- 457.6928
- Rent YoY
- —
- Metro
- Boston-Cambridge-Newton, MA-NH
- State GDP YoY
- ▲ 2.28%
- F500 in state
- 38
Industry mix (Fortune 500 HQ in MA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 3 | $17B |
|
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| Insurance | 2 | $84B |
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| Retail | 2 | $76B |
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| Life Sciences | 1 | $43B |
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| Energy Technology | 1 | $31B |
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| Aerospace / Defense | 1 | $18B |
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Price history
+105.4% since first listed7 events — show timeline
- 2026-03-03 Price Changed $1,540,000 MLS PIN
- 2026-01-12 Listed $1,550,000 MLS PIN
- 2020-10-13 Sold (MLS) $550,000 MLS PIN
- 2020-07-17 Pending — MLS PIN
- 2020-07-09 Price Changed $599,900 MLS PIN
- 2020-07-01 Price Changed $699,900 MLS PIN
- 2020-05-22 Listed $749,900 MLS PIN
Property tax history
+2.6%/yrLatest (2025): $4,604 · +4.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…