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Randolph 02368
320 Grove Street
$240,000
● House - Off Market

320 Grove Street

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,368 Ft²
$416,320
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

First offering.  Long term ownership 40 Years.  great starter home with 3 bedrooms and 1 full bath.  Needs some updating but reflected in the price.  Buyers must be willing to wait for Conservatorship Appointment and a license to sell from the probate court..
Unit Size
1,368 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$183
Property Type
House
Property Taxes
$320
HOA Dues
-
Year Built
1954

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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 months ago (MLSPIN #72011179)

Price History

Date / Event Date Event Price
Jun 12, 2017 Sold
Premium
Sold
Sep 28, 2016 Sold
Premium
Sold
May 24, 2016 Listed by Lauria Real Estate $250,000
Listed by Lauria Real Estate

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 5
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,850
  • Total Building Area: 1,432
  • Gross Building Area: 2,558
  • Building Area: 1,432
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,432
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • 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: 420301

Zoning

  • Zoning: RH

Geography

  • Account Number: 5777
  • Parcel: RAND M:43 B:A L:0561
  • Block: A
  • Lot: 561
  • Municipality: RANDOLPH
  • Latitude: 42.1698
  • Longitude: -71.0607

    Address

  • Full Address: 320 Grove St
  • Address - House Number: 320
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: MA
  • City Name: Randolph
  • Carrier Code: C024
  • 4-Digit Zip Code: 2825
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $515,900

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 523,126
  • High Value: 604,147
  • Low Value: 442,104

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,100
  • Assessed Land Value: $222,600
  • Assessed Improvements Value: $204,500

    Sales

  • Current Sale Contract Date: Jun 09, 2017
  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1379804
  • Previous Sale Recording Date: Sep 28, 2016
  • Previous Sale Contract Date: Sep 19, 2016
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: O
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

55

Average Home Size

1927 ft²

Average Home Age

71.6 years

Currently For Sale

50 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72011179

Frequently Asked Questions

When was property at 320 Grove Street built and last sold?
The property at 320 Grove Street was built in 1954 and last sold on Jun 9, 2017 for $280,000.
How much is this home worth?
The estimated value of the home located at 320 Grove Street is $262,010.
What are some comparable homes to 320 Grove Street?
There are currently no comparable homes to 320 Grove Street.
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