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Randolph 02368
20 Velma Road
$177,000
● House - Off Market

20 Velma Road

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,681 Ft²
$509,330
RealtyHop Estimate
191.05%
Since Jul 1, 2000
MA-Boston
Primary Model

About This Property

E-AUCTION-MINIMUM BID$175K GREAT LOC.7RM,3BR-RECENT UPDATES TO KITCHEN&FAM RM.-NEW DECK,WINDOWS&ROOF-CENTAIR-HDWD FLRS- BIDDING TO BEGIN 5/19 AT 5:OO PM-OPEN HOUSES SUN 5/14-12-2 TUES-5/16,THURS 5/18-6-7PM--FOR AUCTION INFO CALL OFFICE
Unit Size
1,681 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$104
Property Type
House
Property Taxes
$154
HOA Dues
-
Year Built
1953

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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 #30410703)

Price History

Date / Event Date Event Price
Jun 21, 2000 Sold
Premium
Sold
May 12, 2000 Listed $175,000
Listed

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 934
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,412
  • Total Building Area: 2,022
  • Gross Building Area: 3,078
  • Building Area: 2,022
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,022
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLESLEY & WESTON
  • Land Acres: 0000000147
  • 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: 420202

Zoning

  • Zoning: RH

Geography

  • Account Number: 1963
  • Parcel: RAND M:12 B:B L:033400
  • Block: B
  • Lot: 33400
  • Municipality: RANDOLPH
  • Latitude: 42.1888
  • Longitude: -71.0598

    Address

  • Full Address: 20 Velma Rd
  • Address - House Number: 20
  • Address - Street Name: Velma
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C029
  • 4-Digit Zip Code: 2530
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $557,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 626,212
  • High Value: 723,199
  • Low Value: 529,225

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $461,400
  • Assessed Land Value: $197,500
  • Assessed Improvements Value: $263,900

    Sales

  • Current Sale Recording Date: Jun 21, 2000
  • Current Sale Price:
    Premium
  • Current 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:

$579,900

Sale Price/ft²

$349

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1728 ft²

Average Home Age

70.2 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

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30410703

Frequently Asked Questions

When was property at 20 Velma Road built and last sold?
The property at 20 Velma Road was built in 1953 and last sold on Jan 1, 1970 for $177,000.
How much is this home worth?
The estimated value of the home located at 20 Velma Road is $198,941.
What are some comparable homes to 20 Velma Road?
There are currently no comparable homes to 20 Velma Road.
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