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Randolph 02368
38 Michael Road
$305,000
● House - Off Market

38 Michael Road

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,814 Ft²
$511,257
RealtyHop Estimate
64.97%
Since Dec 1, 2016
MA-Boston
Primary Model

About This Property

North Randolph....Well Maintained  8 Room 3 Bedroom Straight Ranch!  Owner just installed NEW Heating System and New Roof.  Home features an open floor plan, updated kitchen, hardwood flooring, good size family room off kitchen/dining area plus 2 finished rooms in the basement area with new wall to wall carpets and separate zones of heat.  Good size deck overlooking spacious yard plus plenty of parking in the over sized driveway.   Hardwood flooring under carpets in the two bedrooms.
Unit Size
1,814 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$171
Property Type
House
Property Taxes
$354
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: 6 months ago (MLSPIN #72051751)

Price History

Date / Event Date Event Price
Nov 1, 2016 Sold
Premium
Sold
Aug 11, 2016 Listed by Todd A. Sandler REALTORS® $309,900
Listed by Todd A. Sandler REALTORS®

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 7
  • 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: 1,144
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,138
  • Total Building Area: 1,368
  • Gross Building Area: 2,708
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 19959C SHEET 01
  • Land Acres: 0000000279
  • 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: 1690
  • Parcel: RAND M:10 B:D L:0138
  • Block: D
  • Lot: 138
  • Municipality: RANDOLPH
  • Latitude: 42.1845
  • Longitude: -71.0683

    Address

  • Full Address: 38 Michael Rd
  • Address - House Number: 38
  • Address - Street Name: Michael
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C008
  • 4-Digit Zip Code: 1826
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $582,900

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 569,610
  • High Value: 671,193
  • Low Value: 468,028

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,500
  • Assessed Land Value: $225,800
  • Assessed Improvements Value: $256,700

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Nov 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1365820
  • Previous Sale Recording Date: Nov 15, 2007
  • Previous Sale Document Type: 48

    Financing

  • First Mortgage Financing Type: UNK
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:

$580,000

Sale Price/ft²

$348

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1885 ft²

Average Home Age

71.6 years

Currently For Sale

49 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: 6 months ago
Data Source: MLS PIN, MLS# 72051751

Frequently Asked Questions

When was property at 38 Michael Road built and last sold?
The property at 38 Michael Road was built in 1960 and last sold on Oct 31, 2016 for $305,000.
How much is this home worth?
The estimated value of the home located at 38 Michael Road is $327,318.
What are some comparable homes to 38 Michael Road?
There are currently no comparable homes to 38 Michael Road.
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