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Worcester 01606 North Lincoln Street
88 Randolph Rd
$350,000
● House - Off Market

88 Randolph Rd

Worcester, MA 01606
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,652 Ft²
$272,059
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

MULTIPLE OFFERS.Highest and Best due by Wednesday at 12:00.Attention contractors, investors, and people with vision...What an opportunity!  This once fabulous home is waiting to be restored to its former glory!  It has it all, large rooms, high ceilings, grand staircase, french doors, and oversized windows!  A light filled Livingroom with french doors, large formal diningroom with exterior access to a covered side porch, kitchen with butler's pantry and a room that could be a den, office or playroom.  Upstairs you'll find 4 generously sized bedrooms, and a bonus walk up attic space has the potential to add even more square footage. A once in a lifetime chance to create a truly gracious home awaits!  Easy to show, Schedule your appointment today.
Unit Size
2,652 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$98
Property Type
House
Property Taxes
$252
HOA Dues
-
Year Built
1915

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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 #72992258)

Price History

Date / Event Date Event Price
Oct 20, 2023 Sold
Premium
Sold
Oct 24, 2022 Sold
Premium
Sold
Jun 3, 2022 Listed by EXIT Beacon Pointe Realty $260,000
Listed by EXIT Beacon Pointe Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 15
  • Building Style: 15
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,326
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 2,652
  • Gross Building Area: 5,482
  • Building Area: 2,652
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 2,652
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Worcester School District
  • Census Tract: 730300

Zoning

  • Zoning: RS-7

Geography

  • Account Number: 22-003-00001
  • Parcel: WORC M:22 B:003 L:00001
  • Block: 3
  • Lot: 1
  • Municipality: WORCESTER
  • Latitude: 42.299
  • Longitude: -71.7957

    Address

  • Full Address: 88 Randolph Rd
  • Address - House Number: 88
  • Address - Street Name: Randolph
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Worcester
  • Carrier Code: C009
  • 4-Digit Zip Code: 2465
  • Zip Code: 01606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $333,800
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1855
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 410,821
  • High Value: 487,039
  • Low Value: 334,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $232,800
  • Assessed Land Value: $103,200
  • Assessed Improvements Value: $129,600

    Sales

  • Current Sale Contract Date: Oct 19, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 87549
  • Previous Sale Recording Date: Oct 24, 2022
  • Previous Sale Contract Date: Oct 21, 2022
  • Previous Sale Amount: $350,000
  • 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 North Lincoln Street

Stats & Trends

Median Asking:

$454,450

Sale Price/ft²

$283

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1975 ft²

Average Home Age

76.6 years

Currently For Sale

8 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

Unit for rent at 27 Mount Vernon St, MA, 01605

$1,882 /mo

  • 1 Bed
  • 1 Bath
27 Mount Vernon St, MA, 01605 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72992258

Frequently Asked Questions

When was property at 88 Randolph Road built and last sold?
The property at 88 Randolph Road was built in 1915 and last sold on Oct 19, 2023 for $400,000.
How much is this home worth?
The estimated value of the home located at 88 Randolph Road is $292,257.
What are some comparable homes to 88 Randolph Road?
There are currently no comparable homes to 88 Randolph Road.
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