501 North Main

Randolph, MA 02368

$875,000
Last Sold Price
10
Beds
3
Baths
2
1/2 Baths
3,307 Sq. Ft.
$265 / Sq. Ft.
3,307
Sq. Ft.
$265
per Sq. Ft.

Description

Cash cow! This enormous 2 family property offers a tremendous cap rate and is a commuter's dream located on rt 28 convenient to Randolph Center and transportation and Rt 93. The first floor features a 4 bed 1.5 bath unit and the second floor unit features a 6 bed 2.5 bath expanded to the 3rd floor for ample space. This home was gutted to the studs in 2014 including new siding, new roof, electrical, windows, heat, central air and all cosmetics. Best of all this property is FULLY LEAD COMPLIANT! A...Cash cow! This enormous 2 family property offers a tremendous cap rate and is a commuter's dream located on rt 28 convenient to Randolph Center and transportation and Rt 93. The first floor features a 4 bed 1.5 bath unit and the second floor unit features a 6 bed 2.5 bath expanded to the 3rd floor for ample space. This home was gutted to the studs in 2014 including new siding, new roof, electrical, windows, heat, central air and all cosmetics. Best of all this property is FULLY LEAD COMPLIANT! A consistently highly demanded rental property this is great to add to any active investor's portfolio or ideal for the first time investor looking to turn the key and cash the check. Showings will be extremely limited the only showings this week will be Saturday 7/23 from 10 am to 1 pm, so do not miss out.
  1. Listed by L&L Homes Team • Coldwell Banker Realty - Easton
  2. Listed by Reza Lashkari • Coldwell Banker Realty - Easton

Property Details for 501 North Main

Town
Randolph
Area
MA-Randolph
Style
Garden
Garage Spaces
0
Parking Spaces
10.00
Parking Spaces Total
10
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LISTING UPDATED: 05/05/2023 01:40 PM

Property Details for 501 North Main

StatusSold
MLS #73002097
Days on Market105
Taxes$6,347 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1850
CountyNorfolk County
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Building Information for 501 North Main

Stories3Residences2Year Built1850Building Size-Lot Size0.37 AC / 16,194 SF

Payment Calculator

$5,304 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$529

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 501 North Main

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 3307.0
  • Color: grey
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full
  • Num of Baths: 5.0
  • Num of Full Baths: 3
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Garden
  • Exterior Features: Screens, Garden Area
  • Lot Description: Level
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Deeded, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Deeded, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, Deeded, Improved Driveway, Paved Driveway
Utilities
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Cooling: Yes
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Listing Terms: Contract
  • Tax ID: 211663
  • Assessments: $466,700
  • Book: 32724
  • Tax Year: 2022
  • Zoning: 2-Family R
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 2
  • Cooling Zones: 2
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Annual Expenses Source: Accountant
  • GOI: $82,656.00
  • NOI: $82,656.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,882.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 501 North Main

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Easton, L&L Homes Team; Coldwell Banker Realty - Easton, Reza Lashkari

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.