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Randolph 02368
12 Smith Rd
$500,000
● House - Off Market

12 Smith Rd

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,550 Ft²
$490,971
RealtyHop Estimate
4.48%
Since Sep 1, 2022
MA-Boston
Primary Model

About This Property

Location, Location, Location!!!  Althea Park is a fantastic place to live!! This ranch style home needs updating and some repairs, but the floor plan is fantastic!!  You will enjoy the very bright and comfortable living room with large picture window along with the family room off the kitchen. The home offers a huge master suite off the back of the home with a private tiled bathroom, six foot shower stall and walk-in linen closet.  You will be delighted to see large master walk-in closet for all your storage. The basement offers a finished room with bar. Buderus Loganos Furnace and the hot water tank is brand new. Cedar closet in basement. The home is vinyl sided for easy maintenance. First showings will be at open house Sunday 1-3pm June 26th. All offers will be reviewed on Tuesday, please allow 24-48 hours.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$303
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1958

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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 #73001851)

Price History

Date / Event Date Event Price
Aug 10, 2022 Sold
Premium
Sold
Jun 22, 2022 Listed by Premier Properties $469,900
Listed by Premier Properties

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • 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: 1,296
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,550
  • Gross Building Area: 3,118
  • Building Area: 1,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,550
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 420201

Zoning

  • Zoning: RH

Geography

  • Account Number: 4015
  • Parcel: RAND M:29 B:E L:00619
  • Block: E
  • Lot: 619
  • Municipality: RANDOLPH
  • Latitude: 42.1763
  • Longitude: -71.0592

    Address

  • Full Address: 12 Smith Rd
  • Address - House Number: 12
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C024
  • 4-Digit Zip Code: 2942
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $589,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 582,334
  • High Value: 672,526
  • Low Value: 492,143

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,300
  • Assessed Land Value: $225,700
  • Assessed Improvements Value: $262,600

    Sales

  • Current Sale Contract Date: Aug 10, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 71480
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:

$579,999

Sale Price/ft²

$348

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1702 ft²

Average Home Age

70.7 years

Currently For Sale

44 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73001851

Frequently Asked Questions

When was property at 12 Smith Road built and last sold?
The property at 12 Smith Road was built in 1958 and last sold on Aug 10, 2022 for $500,000.
How much is this home worth?
The estimated value of the home located at 12 Smith Road is $482,715.
What are some comparable homes to 12 Smith Road?
There are currently no comparable homes to 12 Smith Road.
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