Renovated Duplex with
For Sale
$610,000
19-r Randall Street, Taunton, MA 02780
Two separate residences provide individual utilities and heating systems.
Property Size2,604 SF
Price / SF$234.25
Days on Market93
Property Features for 19-r Randall Street
General Information
Standard status
Active
Size
2,604 SF
Property subtype
Multi-family
Building Details
Year Built
1932
Listing Agency:
Redfin Corp.
Listed By:
Carrie Crisman
(617) 875-4950
Source:
Sarkisboston
Added: May 31
Changed: Aug 30
Last Checked: Aug 30 at 6:52PM
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 duplex contains two residential units with a combined seven bedrooms and three full bathrooms. Each main unit offers three bedrooms, a full bath, living space, separate utilities, and its own heating system. The first-floor residence also connects to a finished lower level with a kitchen, bedroom, full bath, washer and dryer hookups, and additional living space.
A walk-in closet adds storage, while the oversized one-car garage includes an electric vehicle charger. Built in 1932, the property is set back from Randall Street in Taunton and remains near shopping, dining, local amenities, and major routes. The separate utility setup and flexible lower-level arrangement support both owner-occupancy and rental use.
A walk-in closet adds storage, while the oversized one-car garage includes an electric vehicle charger. Built in 1932, the property is set back from Randall Street in Taunton and remains near shopping, dining, local amenities, and major routes. The separate utility setup and flexible lower-level arrangement support both owner-occupancy and rental use.
Key Highlights
- Renovated two‑family property with 7 bedrooms and 3 full bathrooms
- Each main unit includes 3 bedrooms, a full bath, living areas, separate utilities, and individual heating
- Finished lower level includes a kitchen, bedroom, full bath, and washer and dryer hookups
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
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 - Two separate residences provide individual utilities and heating systems.
Where is this duplex located?
The property is located at 19-r Randall Street 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 property with 7 bedrooms and 3 full bathrooms; Each main unit includes 3 bedrooms, a full bath, living areas, separate utilities, and individual heating; Finished lower level includes a kitchen, bedroom, full bath, and washer and dryer hookups
