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Randolph 02368
56 Althea Rd
$580,000
● House - Off Market

56 Althea Rd

Randolph, MA 02368
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,256 Ft²
$589,685
RealtyHop Estimate
7.23%
Since Dec 1, 2022
MA-Boston
Primary Model

About This Property

DEADLINE FOR OFFERS IS TUESDAY SEPT. 13 @4:00PMAbsolutely Gorgeous Multi-Level home on a convenient side street location!  You will love the stunning new kitchen w/ custom cabinets, granite, & high end LG stainless steel appliances and sliders to large deck!  The sun splashed living room has a fireplace (gas insert) & gleaming hardwood floors, There are 3 generous bedrooms up w/ a beautiful modern full bath w/ granite double vanity & heated floors, 4th bedroom in lower level plus a newly updated family/game room.  Way to many updates to list!!!! The 1 car garage under has storage!  Don't miss the amazing 3 season sun room w/ skylights & sliders overlooking in-ground pool.  So much value to offer the growing family on a desirable side street close to everything.  Subject to sellers finding suitable housing!
Unit Size
2,256 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$244
Property Type
House
Property Taxes
$450
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 #73033953)

Price History

Date / Event Date Event Price
Nov 28, 2022 Sold
Premium
Sold
Sep 27, 2022 In contract -
In contract
Sep 27, 2022 Relisted $246,000
Relisted
Sep 8, 2022 Listed by eXp Realty $549,900
Listed by eXp Realty
Mar 17, 2015 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • 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: 41
  • 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: 1,104
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,152
  • Gross Building Area: 2,808
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 6

    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: 5366
  • Parcel: RAND M:40 B:H L:00618
  • Block: H
  • Lot: 618
  • Municipality: RANDOLPH
  • Latitude: 42.173
  • Longitude: -71.0603

    Address

  • Full Address: 56 Althea Rd
  • Address - House Number: 56
  • 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: $579,600

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 567,500
  • High Value: 665,202
  • Low Value: 469,798

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,800
  • Assessed Land Value: $225,700
  • Assessed Improvements Value: $254,100

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100218
  • Previous Sale Recording Date: Mar 17, 2015
  • Previous Sale Amount: $246,000
  • Previous Sale Document Type: O

    Financing

  • First Mortgage Financing Type: ADJ
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

$348

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1702 ft²

Average Home Age

70.7 years

Currently For Sale

44 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# 73033953

Frequently Asked Questions

When was property at 56 Althea Road built and last sold?
The property at 56 Althea Road was built in 1960 and last sold on Nov 28, 2022 for $580,000.
How much is this home worth?
The estimated value of the home located at 56 Althea Road is $570,833.
What are some comparable homes to 56 Althea Road?
There are currently no comparable homes to 56 Althea Road.
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