Two-Unit Duplex with
New
For Sale
$690,000
29 Newcomb Ave, Randolph, MA 02368
Residential Income, Randolph, MA
Property Size1,636 SF
Lot Size0.23 Acres
Price / SF$421.76
Days on Market5
Property Features for 29 Newcomb Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RH
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
Parking
4
Fireplace
1
Directions
Mapquest
Standard status
Active
APN
M:0013 B:00CC L:0002,4011765
Size
1,636 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
6570
Amenities
fenced-in yard
above-ground pool
screened-in porch
Building Details
Year built
1975
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX Synergy · RE/MAX International
Listed By:
Luis B Martins
(508) 857-5392
Added: Nov 2
Changed: Nov 6
Last Checked: Nov 6 at 9:06AM
MLS# 73597652
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1975, this 1,636-square-foot duplex contains two living units and will be delivered vacant. The upper unit has three bedrooms, one bathroom, a living room, dining room, kitchen, and sunroom. The lower unit is a one-bedroom layout with an eat-in kitchen and living room. Recent replacements include the roof, siding, windows, gutters and downspouts, heating system, and hot water tank.
The 0.2296-acre property includes a fenced yard, an above-ground pool, and a screened-in porch. It is zoned RH.
The 0.2296-acre property includes a fenced yard, an above-ground pool, and a screened-in porch. It is zoned RH.
Key Highlights
- Two‑unit property totaling 1,636 square feet
- Upper unit has 3 bedrooms, 1 bathroom, living room, dining room, kitchen, and sunroom
- Lower unit has 1 bedroom, an eat‑in kitchen, and a living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,306
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,120
$586.1K
Cap Rate 7%
$418,657
$418.7K
Cap Rate 9%
$325,622
$325.6K
Market Conditions
NOI Build-Up for 1,636 SF
Gross rent
$44.2K $27.00/SF
− Vacancy
−$2.3K −$1.41/SF
EGI
$41.9K $25.59/SF
− OpEx
−$12.6K −$7.68/SF
NOI
$29.3K $17.91/SF
Area
Norfolk County, MA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,120
Cap Rate 7%
$418,657
Cap Rate 9%
$325,622
Alternative Uses
Best Use
Multifamily LT 5
$418.7K
$366.3K – $488.4K
NOI $29,306 @ 7.0% cap · market cap 4.25%
Second Best
Apartment 5plus
$386.3K
$338.0K – $450.7K
NOI $27,040 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$968.5K
$847.4K – $1.13M
NOI $67,795 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
Business Placement
Demographics for 02368, MA
35,025
Population
13,091
Households
2.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
9.3 sq mi
ZIP Area
3,766
Density / Sq Mi
$103,321
Median Household Income
$52,614
Median Earnings
$2,049
Median Rent
$464,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Delivered vacant, the property has separate living spaces and recently replaced roofing, siding, windows, and heating equipment.
Where is this duplex located?
The property is located at 29 Newcomb Ave Randolph, MA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: Two‑unit property totaling 1,636 square feet; Upper unit has 3 bedrooms, 1 bathroom, living room, dining room, kitchen, and sunroom; Lower unit has 1 bedroom, an eat‑in kitchen, and a living room
