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Randolph 02368
40 Althea Road
Photo of 40 Althea Road
Sold on Aug 15, 2008

1

Map

$255,000
● House - Off Market

40 Althea Road

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,456 Ft²
$553,869
RealtyHop Estimate
98.88%
Since Sep 1, 2008
MA-Boston
Primary Model

About This Property

Surprise! Surprise! Ranch-style home that boasts generous space. A well-cared for home.  Newer windows. First-floor cathedral ceiling family room flowing to exterior deck, good-size fenced yard & above-ground pool. Open living, dining & kitchen areas. Pergo floors. Two full baths. Central A/C. Handicap access. Four+ off-street parking. Spacious, unfinished lower level with cedar closet and walkout - possible expansion. One is greeted by a sense of "neighborhood" yet near shopping & highway.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$191
Property Type
House
Property Taxes
$244
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #70786602)

Price History

Date / Event Date Event Price
Aug 15, 2008 Sold
Premium
Sold
Jul 2, 2008 Listed $278,500
Listed
May 13, 1988 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,600
  • Total Building Area: 1,456
  • Gross Building Area: 2,772
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 6

    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: 420201

Zoning

  • Zoning: RH

Geography

  • Account Number: 3999
  • Parcel: RAND M:29 B:D L:00753
  • Block: D
  • Lot: 753
  • Municipality: RANDOLPH
  • Latitude: 42.1753
  • Longitude: -71.0603

    Address

  • Full Address: 40 Althea Rd
  • Address - House Number: 40
  • Address - Street Name: Althea
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C009
  • 4-Digit Zip Code: 2951
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $555,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 544,185
  • High Value: 628,467
  • Low Value: 459,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $459,600
  • Assessed Land Value: $226,200
  • Assessed Improvements Value: $233,400

    Sales

  • Current Sale Recording Date: Aug 15, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 78837
  • Previous Sale Recording Date: May 13, 1988
  • Previous Sale Amount: $170,000
  • 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:

$579,999

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1761 ft²

Average Home Age

70 years

Currently For Sale

40 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: 5 months ago
Data Source: MLS PIN, MLS# 70786602

Frequently Asked Questions

When was property at 40 Althea Road built and last sold?
The property at 40 Althea Road was built in 1958 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 40 Althea Road is $291,946.
What are some comparable homes to 40 Althea Road?
There are currently no comparable homes to 40 Althea Road.
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