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Randolph 02368
8 Lewis Drive
$350,000
● House - Off Market

8 Lewis Drive

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$519,607
RealtyHop Estimate
44.34%
Since May 1, 2019
MA-Boston
Primary Model

About This Property

NORTH RANDOLPH Location...3 bedroom Cape Style Home Well Maintained and Move in Ready.   Located on a quiet side street, close to highways, shopping, public transportation and much more.  Main level features spacious living room, formal dining room, eat in kitchen, full bath and master bedroom.  Second level has two more generous size bedrooms and another room that could be used as a home office or converted into an extra bathroom.  Beautiful hardwood flooring throughout the home, laundry hookups on the first floor and in the basement, plus central a/c.  There is also a large basement area just waiting to be finished, complete with a walk out that leads to the private, over sized, level lot with screened in patio area and a sizeable deck off the kitchen with a retractable awning.
Unit Size
1,260 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$286
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1952

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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 #72450160)

Price History

Date / Event Date Event Price
Apr 1, 2019 Sold
Premium
Sold
Feb 6, 2019 Listed by Todd A. Sandler REALTORS® $360,000
Listed by Todd A. Sandler REALTORS®

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 12,693
  • Total Building Area: 1,260
  • Gross Building Area: 2,544
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000291
  • 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: 3643
  • Parcel: RAND M:25 B:C L:01145
  • Block: C
  • Lot: 1145
  • Municipality: RANDOLPH
  • Latitude: 42.1808
  • Longitude: -71.0624

    Address

  • Full Address: 8 Lewis Dr
  • Address - House Number: 8
  • Address - Street Name: Lewis
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Randolph
  • Carrier Code: C008
  • 4-Digit Zip Code: 2418
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $536,000

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 512,342
  • High Value: 603,711
  • Low Value: 420,972

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,700
  • Assessed Land Value: $226,200
  • Assessed Improvements Value: $217,500

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 23323
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

1759 ft²

Average Home Age

69.7 years

Currently For Sale

41 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 months ago
Data Source: MLS PIN, MLS# 72450160

Frequently Asked Questions

When was property at 8 Lewis Drive built and last sold?
The property at 8 Lewis Drive was built in 1952 and last sold on Mar 28, 2019 for $350,000.
How much is this home worth?
The estimated value of the home located at 8 Lewis Drive is $368,828.
What are some comparable homes to 8 Lewis Drive?
There are currently no comparable homes to 8 Lewis Drive.
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