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Randolph 02368
8 Marion St
$550,000
● House - Off Market

8 Marion St

Randolph, MA 02368
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,581 Ft²
$584,390
RealtyHop Estimate
6.25%
Since Nov 1, 2022
MA-Boston
Primary Model

About This Property

Are you looking for a move-in ready home in a neighborhood just a short drive to Boston. Then this one is for you! Step into this open-concept first floor living space perfect for entertaining.  The house boasts gleaming hardwood floors throughout, brand new stainless steel appliances and a breakfast bar. The second floor offers an open, flexible area perfect for a small office or additional living space. There's also a spacious main bedroom with dual closets, beautifully appointed full baths on each floor and more. Enjoy watching the season change on the wood deck that overlooks your spacious backyard. Located minutes from shopping, restaurants and more.  Settle in before the holidays and school year. Act NOW! **Estate Sale, Being Sold As Is**
Unit Size
1,581 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$348
Property Type
House
Property Taxes
$418
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: 5 months ago (MLSPIN #73014759)

Price History

Date / Event Date Event Price
Oct 11, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by Keller Williams Realty $550,000
Listed by Keller Williams Realty

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 884
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,680
  • Total Building Area: 1,581
  • Gross Building Area: 2,791
  • Building Area: 1,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,581
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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: 3468
  • Parcel: RAND M:24 B:E L:00421
  • Block: E
  • Lot: 421
  • Municipality: RANDOLPH
  • Latitude: 42.1858
  • Longitude: -71.0599

    Address

  • Full Address: 8 Marion St
  • Address - House Number: 8
  • Address - Street Name: Marion
  • Address - Suffix Type: St
  • State: MA
  • City Name: Randolph
  • Carrier Code: C013
  • 4-Digit Zip Code: 2437
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $514,600
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 548,898
  • High Value: 644,092
  • Low Value: 453,704

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $426,000
  • Assessed Land Value: $200,800
  • Assessed Improvements Value: $225,200

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 88266
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

55

Average Home Size

1909 ft²

Average Home Age

72.6 years

Currently For Sale

51 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: 5 months ago
Data Source: MLS PIN, MLS# 73014759

Frequently Asked Questions

When was property at 8 Marion Street built and last sold?
The property at 8 Marion Street was built in 1930 and last sold on Oct 11, 2022 for $550,000.
How much is this home worth?
The estimated value of the home located at 8 Marion Street is $553,211.
What are some comparable homes to 8 Marion Street?
There are currently no comparable homes to 8 Marion Street.
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