8 Niles Road Randolph — Photo 1 of 21
$679,000
Investment Analysis — 8 Niles Road
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 4.12% cap rate and $27,983/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
2,122
Style
Single Family
Built
1960
Set on a corner lot, this split entry home offers a flexible layout with plenty of space for everyday living and entertaining. Entering the home, you’re greeted by a bright living room with large picture windows and a fireplace that flows into the dining area. The kitchen was renovated approximately one year ago with new cabinetry, countertops, and appliances, and opens to an additional room that can be used as a family room, playroom, home office, or additional dining space. Four bedrooms, two bathrooms, and a finished lower level provide additional living space and storage. Recent improvements include a new composite deck, siding, ProVia windows, central air conditioning, blown-in insulation, refinished floors, fresh interior paint, a new half bath, and a renovated basement. The primary bathroom also features a luxury steam shower. Outside, the large deck, patio, and fenced backyard provide space for entertaining or relaxing. The two-car garage offers plenty of additional storage. With more than $200,000 invested in improvements over the past two years, this home offers an opportunity to move in and enjoy. Stop by the open house!
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 2,122 sq ft principal dwelling). Lot size: 12,369 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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Listing Agent: Livingston Group
Listing Office: Compass
MLS® Number: 73573073
