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Randolph 02368
8 Mcdonnell Dr
$445,000
● House - Off Market

8 Mcdonnell Dr

Randolph, MA 02368
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$523,014
RealtyHop Estimate
30.75%
Since Oct 1, 2020
MA-Boston
Primary Model

About This Property

Location & Condition combine to make this new to the market Ranch worthy of being on your Must See list! Very nice lot in a desirable no-thru traffic side street location! This Vinyl-Sided 3 bedroom Ranch is absolutely move-in-ready with newer roof; Brand new electrical service; refinished hardwood floors; fresh interior paint throughout; new gas hot water heater; Brand new stainless steel appliances and a finished walk out basement. Please see available link to virtual tour.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$267
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1966

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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 #72692025)

Price History

Date / Event Date Event Price
Sep 4, 2020 Sold
Premium
Sold
Jul 15, 2020 Listed by Proactive Realty $400,000
Listed by Proactive Realty
Jun 4, 2020 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • 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: 11
  • 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: 2
  • Basement Area: 1,092
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,000
  • Total Building Area: 1,122
  • Gross Building Area: 2,314
  • Building Area: 1,122
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,122
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000275
  • 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: 8624
  • Parcel: RAND M:65 B:A L:0524
  • Block: A
  • Lot: 524
  • Municipality: RANDOLPH
  • Latitude: 42.1533
  • Longitude: -71.0353

    Address

  • Full Address: 8 Mcdonnell Dr
  • Address - House Number: 8
  • Address - Street Name: Mcdonnell
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Randolph
  • Carrier Code: C019
  • 4-Digit Zip Code: 5248
  • Zip Code: 02368

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $516,400
  • Initial Tax Delinquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 511,661
  • High Value: 600,597
  • Low Value: 422,726

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $427,500
  • Assessed Land Value: $215,500
  • Assessed Improvements Value: $212,000

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92455
  • Previous Sale Recording Date: Jun 04, 2020
  • Previous Sale Contract Date: Jun 04, 2020
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: O
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:

$579,950

Sale Price/ft²

$348

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1868 ft²

Average Home Age

71.1 years

Currently For Sale

53 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72692025

Frequently Asked Questions

When was property at 8 McDonnell Drive built and last sold?
The property at 8 McDonnell Drive was built in 1966 and last sold on Sep 3, 2020 for $445,000.
How much is this home worth?
The estimated value of the home located at 8 McDonnell Drive is $413,053.
What are some comparable homes to 8 McDonnell Drive?
There are currently no comparable homes to 8 McDonnell Drive.
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