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Randolph 02368
16 Madison Ave.
$295,900
● House - Off Market

16 Madison Ave.

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$625,801
RealtyHop Estimate
101.94%
Since Jan 1, 2004
MA-Boston
Primary Model

About This Property

IMMACULATE FRONT TO BACK SPLIT MANY UPGRADES INCLUDING NEW WINDOWS-DRIVEWAY & LANDSCAPING FINISHED FAMILY ROOM WITH 1/2 BATH IN BASEMENT-W/LAUNDRY RM. QUIET DEAD END STREET-GREAT NEIGHBORHOOD-PRIDE OF OWNERSHIP!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$221
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1960

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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 years ago (MLSPIN #30761546)

Price History

Date / Event Date Event Price
Nov 21, 2003 Sold
Premium
Sold
Aug 28, 2003 Listed by Success! Real Estate $309,900
Listed by Success! Real Estate
Oct 30, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • 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: 6
  • Basement Area: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Total Building Area: 952
  • Gross Building Area: 1,980
  • Building Area: 952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 952
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000344
  • 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: 9579
  • Parcel: RAND M:72 B:C L:042642
  • Block: C
  • Lot: 42642
  • Municipality: RANDOLPH
  • Latitude: 42.1473
  • Longitude: -71.0336

    Address

  • Full Address: 16 Madison Ave
  • Address - House Number: 16
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Randolph
  • Carrier Code: C012
  • 4-Digit Zip Code: 5416
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $491,700

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 452,565
  • High Value: 522,658
  • Low Value: 382,472

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,000
  • Assessed Land Value: $217,700
  • Assessed Improvements Value: $189,300

    Sales

  • Current Sale Recording Date: Nov 21, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 30, 1996
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 27
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:

$579,950

Sale Price/ft²

$349

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1905 ft²

Average Home Age

68.3 years

Currently For Sale

51 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

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30761546

Frequently Asked Questions

When was property at 16 Madison Avenue built and last sold?
The property at 16 Madison Avenue was built in 1960 and last sold on Jan 1, 1970 for $295,900.
How much is this home worth?
The estimated value of the home located at 16 Madison Avenue is $320,348.
What are some comparable homes to 16 Madison Avenue?
There are currently no comparable homes to 16 Madison Avenue.
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