Renovated Two-Family
For Sale
$610,000
Pending
19-R Randall St, Taunton, MA 02780
Renovated two-family with 7 bedrooms, 3 baths, separate utilities, and individual heating systems.
Property Size2,604 SF
Days on Market97
Property Features for 19-R Randall St
General Information
Standard status
Pending
Size
2,604 SF
Total Parking Spaces
3
Property subtype
Multi Family Home
Zoning
URBRES
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,011
Amenities
walk-in closet
electric car charger
Building Details
Building Size
2,604 SF
Year Built
1932
Stories
3
Units
2
Tenancy
Multi
Listing Agency:
Redfin Corp.
(617) 340-7803
Listed By:
Carrie Crisman
(508) 243-2290
Source:
Alliancepartnersre
Added: Jun 4
Changed: Aug 8
Last Checked: Jul 23 at 6:57AM
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 Redfin Corp.
Investment Insights
Based on property information with market context.
This renovated two-family residence offers two separate units with a total of 7 bedrooms and 3 full bathrooms. Each unit provides spacious living areas, individual heating systems, and separate utilities for added convenience and flexibility. The first-floor unit includes a finished lower level with a kitchen, a bedroom, a full bath, and washer and dryer hook-up for expanded usable space.
Additional features include a walk-in closet and abundant storage. The property also has an oversized one-car garage equipped with an electric car charger. Set back from the street, the home provides a more private setting while remaining close to local amenities, shopping, dining, and major routes.
Ideal for owner-occupants or investors, this well-maintained multi-family is designed for comfortable day-to-day living with distinct unit configuration and functional, in-home upgrades.
Additional features include a walk-in closet and abundant storage. The property also has an oversized one-car garage equipped with an electric car charger. Set back from the street, the home provides a more private setting while remaining close to local amenities, shopping, dining, and major routes.
Ideal for owner-occupants or investors, this well-maintained multi-family is designed for comfortable day-to-day living with distinct unit configuration and functional, in-home upgrades.
Key Highlights
- Renovated two‑family built in 1932 offering 7 beds and 3 baths total
- Each unit features 3 bedrooms and 1 full bath with generous living areas
- Separate utilities and individual heating systems for added tenant/household flexibility
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,536
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$930,720
$930.7K
Cap Rate 7%
$664,800
$664.8K
Cap Rate 9%
$517,067
$517.1K
Market Conditions
NOI Build-Up for 2,604 SF
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.
Gross rent
$71.9K $27.60/SF
− Vacancy
−$5.4K −$2.07/SF
EGI
$66.5K $25.53/SF
− OpEx
−$19.9K −$7.66/SF
NOI
$46.5K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$930,720
Cap Rate 7%
$664,800
Cap Rate 9%
$517,067
Alternative Uses
Best Use
Multifamily LT 5
$664.8K
$581.7K – $775.6K
NOI $46,536 @ 7.0% cap · market cap 7.63%
Second Best
Apartment 5plus
$617.8K
$540.6K – $720.8K
NOI $43,248 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,005 @ 7.0% cap · market cap 18.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,479
Businesses Nearby
Explore this area
Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated two-family with 7 bedrooms, 3 baths, separate utilities, and individual heating systems.
Where is this duplex located?
The property is located at 19-R Randall St Taunton, MA.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Renovated two‑family built in 1932 offering 7 beds and 3 baths total; Each unit features 3 bedrooms and 1 full bath with generous living areas; Separate utilities and individual heating systems for added tenant/household flexibility
