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Randolph 02368
1 Richard Rd
$502,500
● House - Off Market

1 Richard Rd

Randolph, MA 02368
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,624 Ft²
$498,691
RealtyHop Estimate
1.77%
Since May 1, 2023
MA-Boston
Primary Model

About This Property

At last! Pack your furniture and move right in! This well-maintained, cozy, single-family home is awaiting new owners. Situated on a quiet dead-end street, this home features over 1600 sqft of living space.  As you step inside prepare to feel right at home. Two fireplaces will be sure to keep you warm during the cold months. Get snug with your loved ones in the spacious family room.  Head on upstairs to the 4th bedroom and bonus room and turn it into whatever suits your needs (home theater, office, playroom or gym). This is the perfect space for entertaining family and friends. Additionally, the fenced-in backyard allows for outdoor privacy. Nearby you will find plenty of shopping, dining and events for the whole family. Ideal for commuters; 5 minutes from commuter rail, on bus line and close to all major highways.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$302
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73080439)

Price History

Date / Event Date Event Price
Apr 18, 2023 Sold
Premium
Sold
Mar 2, 2023 In contract -
In contract
Feb 20, 2023 Listed by HomeSmart First Class Realty $489,999
Listed by HomeSmart First Class Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 960
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,638
  • Total Building Area: 1,624
  • Gross Building Area: 2,914
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANDOLPH
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Randolph School District
  • School Tax School District: RANDOLPH SD
  • Census Tract: 420302

Zoning

  • Zoning: RH

Geography

  • Account Number: 8797
  • Parcel: RAND M:66 B:D L:0161
  • Block: D
  • Lot: 161
  • Municipality: RANDOLPH
  • Latitude: 42.1515
  • Longitude: -71.0438

    Address

  • Full Address: 1 Richard Rd
  • Address - House Number: 1
  • Address - Street Name: Richard
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C001
  • 4-Digit Zip Code: 4803
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,100

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 542,380
  • High Value: 637,595
  • Low Value: 447,165

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $457,900
  • Assessed Land Value: $200,700
  • Assessed Improvements Value: $257,200

    Sales

  • Current Sale Contract Date: Apr 18, 2023
  • Current Sale Recording Date: Apr 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22166
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Randolph

Stats & Trends

Median Asking:

$580,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1757 ft²

Average Home Age

69.1 years

Currently For Sale

43 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73080439

Frequently Asked Questions

When was property at 1 Richard Road built and last sold?
The property at 1 Richard Road was built in 1957 and last sold on Apr 18, 2023 for $502,500.
How much is this home worth?
The estimated value of the home located at 1 Richard Road is $501,352.
What are some comparable homes to 1 Richard Road?
There are currently no comparable homes to 1 Richard Road.
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