234 Allen St. Randolph — Photo 1 of 42
$749,000
Investment Analysis — 234 Allen St.
Randolph, MA 02368
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02368 carries an estimated $3,810/mo in gross rent — about a 3.57% cap rate and $26,758/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,058
Style
Single Family
Built
1935
This 4-bedroom, 2.5-bath single family home in Randolph offers a flexible layout, substantial yard space, a detached 2-car garage, and parking for 6+ vehicles. The main level features two bedrooms and a full bath, while the second floor offers an additional bedroom, half bath, and bonus room. The lower level includes an additional bedroom with en-suite bath, full-height ceilings, and walk-out access to the backyard. Recent improvements include a new roof, hot water tank, gutters, retaining wall, deck, paver walkway, built-in cabinetry, remodeled first-floor bath, and new second-floor half bath. Additional features include central air, a wood-burning fireplace, and wood-burning stove. The partially finished lower level provides potential for additional living space. Conveniently located near shopping, restaurants, Route 24, and I-93. Schedule your showing today!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,058 sq ft principal dwelling). Lot size: 15,150 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer • Dryer
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Listing Agent: Dorian Barcus
Listing Office: Stuart St James, Inc.
MLS® Number: 73576228