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Randolph 02368
7 Althea Road
$141,500
● House - Off Market

7 Althea Road

Randolph, MA 02368
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,444 Ft²
$519,715
RealtyHop Estimate
258.67%
Since Feb 1, 1999
MA-Boston
Primary Model

About This Property

IMMACULATE 4 BR CAPE, 2 BR DOWN, 2 BR & 1/2 BATH UP.  ALL HARDWD FLRS. KITCHEN OPENS TO KNOTTY PINE FAMILY RM/DINING RM W/STONE FIREPLACE. HEAT WAS CHANGED TO ELECT-OLD DUCT WORK MAY BE AVAIL FOR CONVERSION BACK. FINISHED BASEMENT.
Unit Size
1,444 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$100
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
1953

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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 years ago (MLSPIN #30240324)

Price History

Date / Event Date Event Price
Jan 11, 1999 Sold
Premium
Sold
Jul 10, 1998 Listed $144,900
Listed

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,864
  • Total Building Area: 1,444
  • Gross Building Area: 2,512
  • Building Area: 1,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,444
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000203
  • 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: 3894
  • Parcel: RAND M:29 B:A L:02318
  • Block: A
  • Lot: 2318
  • Municipality: RANDOLPH
  • Latitude: 42.1793
  • Longitude: -71.0604

    Address

  • Full Address: 7 Althea Rd
  • Address - House Number: 7
  • Address - Street Name: Althea
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C024
  • 4-Digit Zip Code: 2901
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $520,400

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 516,363
  • High Value: 596,337
  • Low Value: 436,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $430,800
  • Assessed Land Value: $222,600
  • Assessed Improvements Value: $208,200

    Sales

  • Current Sale Recording Date: Jan 11, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
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

1757 ft²

Average Home Age

69.1 years

Currently For Sale

43 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: 4 years ago
Data Source: MLS PIN, MLS# 30240324

Frequently Asked Questions

When was property at 7 Althea Road built and last sold?
The property at 7 Althea Road was built in 1953 and last sold on Jan 1, 1970 for $141,500.
How much is this home worth?
The estimated value of the home located at 7 Althea Road is $0.
What are some comparable homes to 7 Althea Road?
There are currently no comparable homes to 7 Althea Road.
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