South-Facing Duplex with
22 Clark St Randolph, MA 02368
22 Clark St, Randolph, MA, 02368
$899,900
For Sale
$899,900
Two-unit duplex with separate driveways, an attached garage, and a finished basement in the updated owner’s unit.
Property Size2,517 SF
Price / SF$357.53
Days on Market123
Property Features for 22 Clark St
General Information
- Standard status
- Active
- Size
- 2,517 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1964
Listing agency
Shore Real Estate LLC
(571) 334-9628
Listed by
The Vici Group
Source
Arborviewrealtyinc
Added: Mar 21 Updated: Jul 21 at 12:53AM Checked: Jul 21 at 12:53AM
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 Shore Real Estate LLC
Investment Insights
Based on property information with market context.
South-facing duplex offering two spacious units with a functional layout and gas heating. The owner’s unit (22A) has been updated with a new kitchen, renovated bathrooms, hardwood floors, fresh interior paint, and Navien combination boilers for heating and tankless hot water. The unit also includes a finished basement with a family room and a full bath. The tenant’s unit (22B) is rented and features hardwood flooring, with gas heat continuing throughout the property.
The property is located on a side street in Randolph near Lyons Grade School, with convenience to shops, restaurants, and major routes. Off-street parking is available with two separate driveways, plus an attached garage and outdoor space.
Set on a 12,065 sq. ft. lot, this duplex provides separate access for each unit and additional usable outdoor space alongside the finished lower level in 22A.
The property is located on a side street in Randolph near Lyons Grade School, with convenience to shops, restaurants, and major routes. Off-street parking is available with two separate driveways, plus an attached garage and outdoor space.
Set on a 12,065 sq. ft. lot, this duplex provides separate access for each unit and additional usable outdoor space alongside the finished lower level in 22A.
Key Highlights
- South‑facing 2‑unit duplex in Randolph with 6 bedrooms and 3.5 bathrooms total across both units
- 22B tenant unit rented at $2,600/month plus utilities (TAW)
- Owner’s unit 22A updated with new kitchen, renovated bathrooms, hardwood floors, fresh interior paint, and Navien combination boilers
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.0k | $27.00 |
| − Vacancy | −$3.5k | −$1.41 |
| EGI | $64.4k | $25.59 |
| − OpEx | −$19.3k | −$7.68 |
| NOI | $45.1k | $17.91 |
2,517 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$644.1K
$563.6K – $751.5K
NOI $45,088 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$594.3K
$520.0K – $693.4K
NOI $41,601 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,304 @ 7.0% cap · market cap 11.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex with separate driveways, an attached garage, and a finished basement in the updated owner’s unit.
Where is this duplex located?
The property is located at 22 Clark St Randolph, MA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: South‑facing 2‑unit duplex in Randolph with 6 bedrooms and 3.5 bathrooms total across both units; 22B tenant unit rented at $2,600/month plus utilities (TAW); Owner’s unit 22A updated with new kitchen, renovated bathrooms, hardwood floors, fresh interior paint, and Navien combination boilers
