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Waltham 02451 The Lanes
58 Rando Ln
$547,500
● House - Off Market

58 Rando Ln

Waltham, MA 02451
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,553 Ft²
$987,362
RealtyHop Estimate
74.75%
Since Nov 1, 2015
MA-Boston
Primary Model

About This Property

Here is a good, solid home boasting a little more than 2,500 square feet of living space. Features include newly installed hardwood floors in the living room, dining room and hall way on the 2nd level. Newly repaved driveway 2014 and new roof on the sun room in 2014. The seller has given an allowance of $800 to be used for a new dishwasher. Other great features include large bedrooms, master suite with 3/4bath, large open family room with bar and extra stove, two car garage and very large 22,000 lot with private back yard.
Unit Size
2,553 Ft²
Days on Market
-
Land Size
0.51 acres
Price per sqft
$221
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1962

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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 #71858941)

Price History

Date / Event Date Event Price
Oct 30, 2015 Sold
Premium
Sold
Jun 17, 2015 Listed by Kirsch Real Estate $565,000
Listed by Kirsch Real Estate

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 7
  • Basement Area: 1,516
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,002
  • Total Building Area: 2,553
  • Gross Building Area: 3,250
  • Building Area: 2,553
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,553
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000505
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368200

Zoning

  • Zoning: 1

Geography

  • Account Number: 93570
  • Parcel: WALT M:041 B:004 L:0010
  • Block: 4
  • Lot: 10
  • Municipality: WALTHAM
  • Latitude: 42.3914
  • Longitude: -71.244

    Address

  • Full Address: 58 Rando Ln
  • Address - House Number: 58
  • Address - Street Name: Rando
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Waltham
  • Carrier Code: C042
  • 4-Digit Zip Code: 7541
  • Zip Code: 02451

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $843,400

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 957,483
  • High Value: 1,124,187
  • Low Value: 790,779

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $874,900
  • Assessed Land Value: $505,000
  • Assessed Improvements Value: $369,900

    Sales

  • Current Sale Recording Date: Oct 30, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 185682
  • Previous Sale Recording Date: Oct 01, 2014
  • 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 The Lanes

Stats & Trends

Median Asking:

$903,500

Sale Price/ft²

$432

Below Asking

0.03%

Average Days on Market

43

Average Home Size

2617 ft²

Average Home Age

94.6 years

Currently For Sale

0 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

Unit for rent at 70 Hope Ave, Waltham, MA, 02453

$3,531 /mo

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
70 Hope Ave #Essex, Waltham, MA, 02453 Listing by Equity Residential
Unit for rent at 237 Moody St., Waltham, MA, 02453

$3,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,275 ft²
237 Moody St. #2 Bedrooms BB, Waltham, MA, 02453 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71858941

Frequently Asked Questions

When was property at 58 Rando Lane built and last sold?
The property at 58 Rando Lane was built in 1962 and last sold on Jan 1, 1970 for $547,500.
How much is this home worth?
The estimated value of the home located at 58 Rando Lane is $570,468.
What are some comparable homes to 58 Rando Lane?
There are currently no comparable homes to 58 Rando Lane.
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