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Randolph 02368
15 Marconi Drive
$486,000
● House - Off Market

15 Marconi Drive

Randolph, MA 02368
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,240 Ft²
$535,840
RealtyHop Estimate
12.81%
Since Dec 1, 2021
MA-Boston
Primary Model

About This Property

Fantastic North Randolph location for this 9 Room, 3-4 Bedroom, 2 Bath Expanded Ranch on nearly 1/2 acre level lot.  First floor offers Living Room, Family Room, Dining Room, Kitchen, 3 Bedrooms and sundeck.  Lower level has another spacious bedroom, Den and a 2nd Full Bath. 3 zone FHW heat, some hardwood floors and circuit breakers.   Updates include roof and windows approx. 10 years,  New heating system and hot water heater and asphalt driveway 1 year,  Stove 1 year, washer and dryer 2 years and deck 2 months. Spacious, well manicured yard with storage shed.  SHOWINGS SATURDAY SEPTEMBER 11TH 11-1230 AND SUNDAY SEPTEMBER 12TH 12-130 ONLY!!!  All offers due by 3:00 PM Monday September 13th.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$212
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1955

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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: 5 years ago (MLSPIN #72891905)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Sep 8, 2021 Listed by EXIT Realty All Stars $475,000
Listed by EXIT Realty All Stars

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • 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: 16,720
  • Total Building Area: 1,280
  • Gross Building Area: 2,420
  • Building Area: 1,280
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,280
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000384
  • 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: 420102

Zoning

  • Zoning: RH

Geography

  • Account Number: 3047
  • Parcel: RAND M:21 B:A L:0888
  • Block: A
  • Lot: 888
  • Municipality: RANDOLPH
  • Latitude: 42.1865
  • Longitude: -71.0441

    Address

  • Full Address: 15 Marconi Dr
  • Address - House Number: 15
  • Address - Street Name: Marconi
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Randolph
  • Carrier Code: C020
  • 4-Digit Zip Code: 3121
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $500,600
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 524,115
  • High Value: 614,958
  • Low Value: 433,271

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $414,400
  • Assessed Land Value: $209,200
  • Assessed Improvements Value: $205,200

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 139243
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:

$579,900

Sale Price/ft²

$348

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1716 ft²

Average Home Age

70.6 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: 5 years ago
Data Source: MLS PIN, MLS# 72891905

Frequently Asked Questions

When was property at 15 Marconi Drive built and last sold?
The property at 15 Marconi Drive was built in 1955 and last sold on Nov 1, 2021 for $486,000.
How much is this home worth?
The estimated value of the home located at 15 Marconi Drive is $0.
What are some comparable homes to 15 Marconi Drive?
There are currently no comparable homes to 15 Marconi Drive.
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