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Milford 01757
16 Lantern Lane
$385,000
● House - Off Market

16 Lantern Lane

Milford, MA 01757
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,117 Ft²
$866,625
RealtyHop Estimate
125.16%
Since Oct 1, 2003
National-US
Primary Model

About This Property

THIS HOUSE IS A CREAM PUFF.  WINDOWS REPLACED APPROX. 3 YRS AGO (EXCEPT FOR PORCH), HEATING SYSTEM REPLACED APPROX. 2 YRS. AGO, TILED FOYER, FAM. RM. W/ FULL BRICK WALL FIREPLACE PROFESSIONALLY LANDSCAPED, DECK W/ PERGOLA, MANY UPDATES
Unit Size
2,117 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$182
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #30738558)

Price History

Date / Event Date Event Price
Sep 16, 2003 Sold
Premium
Sold
Jun 25, 2003 Listed by JMK Realty Advisors $384,900
Listed by JMK Realty Advisors
Apr 23, 1996 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 1,040
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,333
  • Total Building Area: 2,127
  • Gross Building Area: 3,527
  • Building Area: 2,127
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,127
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 5633-I
  • Land Acres: 0000000352
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Milford School District
  • School Tax School District: MILFORD SD
  • Census Tract: 744104

Zoning

  • Zoning: RB

Geography

  • Parcel: MILF M:35 B:089 L:23
  • Block: 89
  • Lot: 23
  • Municipality: MILFORD
  • Latitude: 42.1555
  • Longitude: -71.5292

    Address

  • Full Address: 16 Lantern Ln
  • Address - House Number: 16
  • Address - Street Name: Lantern
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Milford
  • Carrier Code: C014
  • 4-Digit Zip Code: 3710
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $700,600

    Appraisal Valuation

  • Standard Deviation: 0.1715
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 618,540
  • High Value: 724,622
  • Low Value: 512,457

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $527,200
  • Assessed Land Value: $177,900
  • Assessed Improvements Value: $349,300

    Sales

  • Current Sale Recording Date: Sep 16, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 15031
  • Previous Sale Recording Date: Apr 23, 1996
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 43
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 Milford

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1963 ft²

Average Home Age

56.6 years

Currently For Sale

39 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 years ago
Data Source: MLS PIN, MLS# 30738558

Frequently Asked Questions

When was property at 16 Lantern Lane built and last sold?
The property at 16 Lantern Lane was built in 1983 and last sold on Jan 1, 1970 for $385,000.
How much is this home worth?
The estimated value of the home located at 16 Lantern Lane is $0.
What are some comparable homes to 16 Lantern Lane?
There are currently no comparable homes to 16 Lantern Lane.
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