For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Milton 02186
12 Forbes Road
$500,000
● House - Off Market

12 Forbes Road

Milton, MA 02186
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,500 Ft²
$1,954,759
RealtyHop Estimate
258.67%
Since Feb 1, 1999
MA-Boston
Primary Model

About This Property

QUALITY BUILT,CUSTOM HOME ON ONE OF THE PRETTIEST ACRES ON MILTON HILL. EXCEPTIONAL FLOOR PLAN,GRACIOUS HOME COMBINES PERFECT MIX OF CONTEMPORARY AND TRADITIONAL. PERFECT FOR ENTERTAINING.
Unit Size
3,500 Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$156
Property Type
House
Property Taxes
$471
HOA Dues
-
Year Built
1950

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 years ago (MLSPIN #30273156)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Jan 28, 1999 Sold
Premium
Sold
Nov 2, 1998 Listed $545,000
Listed
Apr 27, 1990 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,543
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,123
  • Total Building Area: 2,543
  • Gross Building Area: 5,107
  • Building Area: 2,543
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,543
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000921
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Milton School District
  • School Tax School District: MILTON SD
  • Census Tract: 416400

Zoning

  • Zoning: RA

Geography

  • Parcel: MILT M:F B:008 L:10
  • Block: 8
  • Lot: 10
  • Municipality: MILTON
  • Latitude: 42.2632
  • Longitude: -71.0614

    Address

  • Full Address: 12 Forbes Rd
  • Address - House Number: 12
  • Address - Street Name: Forbes
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Milton
  • Carrier Code: C002
  • 4-Digit Zip Code: 4209
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,035,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,323,199
  • High Value: 1,558,017
  • Low Value: 1,088,381

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $948,100
  • Assessed Land Value: $615,200
  • Assessed Improvements Value: $332,900

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83050
  • Previous Sale Recording Date: Jan 28, 1999
  • Previous Sale Amount: $500,000
  • 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 Milton

Stats & Trends

Median Asking:

$1,107,000

Sale Price/ft²

$521

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3026 ft²

Average Home Age

70.2 years

Currently For Sale

58 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 333 Ricciuti Dr., Quincy, MA, 02169

$4,039 /mo

  • 2 Beds
  • 2 Baths
  • 1,413 ft²
333 Ricciuti Dr. #2 Bedrooms I, Quincy, MA, 02169 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30273156

Frequently Asked Questions

When was property at 12 Forbes Road built and last sold?
The property at 12 Forbes Road was built in 1950 and last sold on Dec 15, 2023 for $1,600,000.
How much is this home worth?
The estimated value of the home located at 12 Forbes Road is $617,434.
What are some comparable homes to 12 Forbes Road?
There are currently no comparable homes to 12 Forbes Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Milton Homes for Sale
Milton Houses for Sale
Milton Condos for Sale
Milton Multifamily for Sale
Milton Land for Sale
Milton Commercial for Sale
Milton Homes with Basements
Milton Homes with Pools
Nearby Cities
Boston Homes for Sale
Newton Homes for Sale
Quincy Homes for Sale
Brookline Homes for Sale
Weymouth Town Homes for Sale
Braintree Town Homes for Sale
Randolph Homes for Sale
Dedham Homes for Sale
Nearby Property Records
Norfolk County, MA Property Records
Suffolk County, MA Property Records
Middlesex County, MA Property Records
Plymouth County, MA Property Records
Bristol County, MA Property Records
Providence County, RI Property Records
Essex County, MA Property Records
Bristol County, RI Property Records
Neighborhoods
South End Real Estate
Back Bay Real Estate
Coolidge Corner Real Estate
D Street - West Broadway Real Estate
Commonwealth Real Estate
Brook Farm Real Estate
Jamaica Central - South Sumner Real Estate
South Quincy Real Estate
Nearby Counties
Boston Homes for Sale
Newton Homes for Sale
Quincy Homes for Sale
Brookline Homes for Sale
Weymouth Town Homes for Sale
Braintree Town Homes for Sale
Randolph Homes for Sale
Dedham Homes for Sale
Top Real Estate Agents
Top Agents in Milton
Top Agents in Boston
Top Agents in Boston
Top Agents in Newton
Top Agents in Newton
Top Agents in Quincy
Top Agents in Quincy
Top Agents in Brookline