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Randolph 02368
7 Norfolk Rd
$485,000
● House - Off Market

7 Norfolk Rd

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,292 Ft²
$526,756
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

This meticulously maintained 3 Bed, 2 Bath Colonial is located in a highly desired neighborhood. The galley-style kitchen was recently updated with stainless steel appliances and granite countertops. Some additional updates include a newer boiler and an upgraded water heater. Features include beautiful hardwood floors, a bright south-facing living room with a brick fireplace, and a bonus breakfast nook. Two separate stairwells lead to the upstairs, featuring 3 bedrooms and a full bath. Enjoy relaxing or entertaining in the private backyard or the charming screened-in porch. The paved driveway leads to a detached garage with a newer roof. You'll love the convenience of being close to shopping, schools, commuter rail, and major highways. Don't miss this opportunity!
Unit Size
1,292 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$379
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1930

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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 #73047832)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Nov 11, 2022 In contract -
In contract
Oct 13, 2022 Listed by Stuart St James, Inc. $489,900
Listed by Stuart St James, Inc.
Jul 30, 1986 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • 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: 15
  • 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: 722
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,785
  • Total Building Area: 1,292
  • Gross Building Area: 2,142
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000202
  • 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: 420302

Zoning

  • Zoning: RH

Geography

  • Account Number: 7948
  • Parcel: RAND M:61 B:D L:010B
  • Block: D
  • Lot: 10B
  • Municipality: RANDOLPH
  • Latitude: 42.1579
  • Longitude: -71.0446

    Address

  • Full Address: 7 Norfolk Rd
  • Address - House Number: 7
  • Address - Street Name: Norfolk
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Randolph
  • Carrier Code: C034
  • 4-Digit Zip Code: 4714
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,200

    Appraisal Valuation

  • Standard Deviation: 0.2289
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 519,404
  • High Value: 638,296
  • Low Value: 400,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,500
  • Assessed Land Value: $202,200
  • Assessed Improvements Value: $195,300

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 105580
  • Previous Sale Recording Date: Jul 30, 1986
  • Previous Sale Amount: $150,000
  • 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

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73047832

Frequently Asked Questions

When was property at 7 Norfolk Road built and last sold?
The property at 7 Norfolk Road was built in 1930 and last sold on Dec 16, 2022 for $485,000.
How much is this home worth?
The estimated value of the home located at 7 Norfolk Road is $494,993.
What are some comparable homes to 7 Norfolk Road?
There are currently no comparable homes to 7 Norfolk Road.
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