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$432,000
● Multifamily - Off Market

114 High

Randolph, MA
bedrooms
6 Beds
bathrooms
4 Baths
square feet
2,544 Ft²
$857,834
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

BOM due to buyer's financing! Here's your chance to own a huge 2 family in Randolph with great rental history. Perfect Investment Property or Owner Occupied currently vacant and available for a quick sale. Huge corner lot with plenty of parking. Unit#1 has 2.5 beds, 1 bath, updated kitchen and hardwood floors throughout, completely renovated. Unit#2 has 3 beds 2 baths in move in condition. New gas heating systems, new roof, new electrical systems -nothing to do but move in or collect rent. Previous tenants paid $1400 a month for unit 2. This is a must see, send your buyers! OPEN HOUSE Saturday 03/15 and Sunday 03/16 12 - 2pm.
Unit Size
2,544 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$177
Property Type
Multifamily
Property Taxes
$420
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (MLSPIN #71622596)

Price History

Date / Event Date Event Price
Mar 28, 2014 Sold
Premium
Sold
Jan 14, 2014 Listed by Homemax, LLC $449,999
Listed by Homemax, LLC

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street
Interior Details
Full Bathrooms: 4
Interior Features: Other (See Remarks), Unit 1(Upgraded Countertops), Unit 2(Other (See Remarks)), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Microwave), Unit 2(Range)
Flooring Type: Unit 1(undefined)
Rooms: 15
Basement: Partially Finished
Exterior Details
Year Built Source: Public Records
Year Built Details: Approximate
PropertySubType: 2 Family - 2 Units Up/Down
Stories (Total): 3
Building Area Units: Square Feet
Construction Materials: Stone
Lead Paint: Unknown
Lot Size Area: 0.42
Lot Size Units: Acres
Lot Size Acres: 0.42
Zoning: RH
Parcel Number: 209489
Water Source: Public
Financial Details
Tax Assessed Value: $290,800
Tax Annual Amount: $5,045
Utilities Details
Cooling Type: Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks))
Heating Type: Unit 1(Gas), Unit 2(Gas)
Sewer : Public Sewer
Location Details
Community Features: Public Transportation, Highway Access

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 71622596
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