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Randolph 02368
16 Alice Rd
$405,000
● House - Off Market

16 Alice Rd

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,172 Ft²
$450,280
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

*Buyer's financing fell through...Don't miss out on this one owner home! This spacious 3 bedroom ranch is set on just over a quarter acre lot. Large eat-in kitchen with walkout enclosed porch. Beneath the carpet there is hardwood flooring throughout. Spacious finished basement space. Side street location convenient to public transportation, shopping and area amenities. No FHA
Unit Size
1,172 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$358
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1964

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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 #73029263)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Sep 23, 2022 In contract -
In contract
Aug 25, 2022 Listed by Escalate Real Estate $419,900
Listed by Escalate Real Estate

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,172
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,576
  • Total Building Area: 1,172
  • Gross Building Area: 2,702
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000289
  • 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: 420101

Zoning

  • Zoning: RH

Geography

  • Account Number: 4698
  • Parcel: RAND M:33 B:F L:013R
  • Block: F
  • Lot: 13R
  • Municipality: RANDOLPH
  • Latitude: 42.1795
  • Longitude: -71.0265

    Address

  • Full Address: 16 Alice Rd
  • Address - House Number: 16
  • Address - Street Name: Alice
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C011
  • 4-Digit Zip Code: 4303
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $503,000
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1752
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 481,720
  • High Value: 566,153
  • Low Value: 397,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $416,400
  • Assessed Land Value: $205,600
  • Assessed Improvements Value: $210,800

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 95312
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

$347

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1776 ft²

Average Home Age

70.2 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# 73029263

Frequently Asked Questions

When was property at 16 Alice Road built and last sold?
The property at 16 Alice Road was built in 1964 and last sold on Nov 7, 2022 for $405,000.
How much is this home worth?
The estimated value of the home located at 16 Alice Road is $424,682.
What are some comparable homes to 16 Alice Road?
There are currently no comparable homes to 16 Alice Road.
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