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Milford 01757
18 Cornell Dr
$292,500
● House - Off Market

18 Cornell Dr

Milford, MA 01757
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,608 Ft²
$537,157
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Outstanding property and opportunity to be in a great neighborhood close to everything and within walking distance to Milford High. Recent updates include. roof, heating system, air conditioning, water heater and much more. The Great Room has vaulted ceilings plus floor to ceiling fireplace and built ins. The eat in kitchen has been updated with oak cabinets and newer counter tops. Dining room and hallway have exposed hardwood floors and under the carpeting in the bed rooms you will find hardwood. The 2 car garage also offers garage door openers with additional storage space and direct access to the backyard. This is a must see. Quick closing possible.
Unit Size
1,608 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$187
Property Type
House
Property Taxes
$351
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: 4 months ago (MLSPIN #71805533)

Price History

Date / Event Date Event Price
Apr 16, 2021 Sold
Premium
Sold
Mar 2, 2021 Listed by RE/MAX Real Estate Center $409,900
Listed by RE/MAX Real Estate Center
May 8, 2015 Sold
Premium
Sold
Mar 24, 2015 Listed by RE/MAX Real Estate Center $299,900
Listed by RE/MAX Real Estate Center

Property Highlights

Garage
Parking Available
Air Conditioning
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: 3
  • 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: 7
  • Basement Area: 1,608
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,876
  • Total Building Area: 1,608
  • Gross Building Area: 3,614
  • Building Area: 1,608
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,608
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000296
  • 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: 744102

Zoning

  • Zoning: RB

Geography

  • Parcel: MILF M:36 B:016 L:158
  • Block: 16
  • Lot: 158
  • Municipality: MILFORD
  • Latitude: 42.1546
  • Longitude: -71.5416

    Address

  • Full Address: 18 Cornell Dr
  • Address - House Number: 18
  • Address - Street Name: Cornell
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Milford
  • Carrier Code: C014
  • 4-Digit Zip Code: 1849
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $599,800

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 518,877
  • High Value: 612,913
  • Low Value: 424,841

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $451,300
  • Assessed Land Value: $175,200
  • Assessed Improvements Value: $276,100

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53120
  • Previous Sale Recording Date: May 08, 2015
  • Previous Sale Amount: $292,500
  • 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 Milford

Stats & Trends

Median Asking:

$529,900

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

57

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

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71805533

Frequently Asked Questions

When was property at 18 Cornell Drive built and last sold?
The property at 18 Cornell Drive was built in 1966 and last sold on Apr 16, 2021 for $441,000.
How much is this home worth?
The estimated value of the home located at 18 Cornell Drive is $415,895.
What are some comparable homes to 18 Cornell Drive?
There are currently no comparable homes to 18 Cornell Drive.
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