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Randolph 02368
50 Althea Rd
$450,000
● House - Off Market

50 Althea Rd

Randolph, MA 02368
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,426 Ft²
$594,787
RealtyHop Estimate
48.73%
Since Dec 1, 2018
MA-Boston
Primary Model

About This Property

Come check out this wonderfully maintained four bedroom home! Pride of ownership shines throughout this home.  All of the heavy work has been done for you! The roof, siding, and windows were replaced four years ago. The solar panels are about a year old. The home is located on a quiet side street within driving distance to major highways. The home features a formal dining and living floor. Natural hardwood flooring throughout the home. The home has a finished basement with bar. The rear yard is large enough for family gatherings plus where you can enjoy trees bearing apples, peaches, and pears. Bring the family and make this one yours!
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$280
Property Type
House
Property Taxes
$439
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 months ago (MLSPIN #72365699)

Price History

Date / Event Date Event Price
Nov 16, 2018 Sold
Premium
Sold
Jul 20, 2018 Listed by The Mandrell Company $399,900
Listed by The Mandrell Company
Jan 28, 2004 Sold
Premium
Sold
Oct 22, 2003 Listed by The Mandrell Company $349,000
Listed by The Mandrell Company

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • 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: 2
  • Basement Area: 1,426
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,436
  • Gross Building Area: 3,368
  • Building Area: 1,436
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,436
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 5363
  • Parcel: RAND M:40 B:H L:00315
  • Block: H
  • Lot: 315
  • Municipality: RANDOLPH
  • Latitude: 42.1738
  • Longitude: -71.0603

    Address

  • Full Address: 50 Althea Rd
  • Address - House Number: 50
  • Address - Street Name: Althea
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C009
  • 4-Digit Zip Code: 2950
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $620,900

    Appraisal Valuation

  • Standard Deviation: 0.1683
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 610,834
  • High Value: 713,660
  • Low Value: 508,008

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $514,000
  • Assessed Land Value: $225,700
  • Assessed Improvements Value: $288,300

    Sales

  • Current Sale Recording Date: Nov 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 103051
  • Previous Sale Recording Date: Jan 28, 2004
  • Previous Sale Amount: $330,000
  • 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:

$580,000

Sale Price/ft²

$347

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1762 ft²

Average Home Age

69.3 years

Currently For Sale

42 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: 4 months ago
Data Source: MLS PIN, MLS# 72365699

Frequently Asked Questions

When was property at 50 Althea Road built and last sold?
The property at 50 Althea Road was built in 1960 and last sold on Jan 1, 1970 for $450,000.
How much is this home worth?
The estimated value of the home located at 50 Althea Road is $409,667.
What are some comparable homes to 50 Althea Road?
There are currently no comparable homes to 50 Althea Road.
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