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Milton 02186
2 Dollar Lane
$550,000
● House - Off Market

2 Dollar Lane

Milton, MA 02186
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,920 Ft²
$949,043
RealtyHop Estimate
66.53%
Since Oct 1, 2016
MA-Boston
Primary Model

About This Property

Classic 1938 center entrance colonial on over 1/2 acre lot with detached two car garage privately situated and in close proximity to Blue Hills, 128 and commuter rail.  First floor offers dining room with built-in hutch, spacious kitchen with bay window, living room, and den/bedroom & half bath.  Second floor with four spacious bedrooms and full bath.  Split staircase leading to second level.  Hardwood flooring throughout.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$297
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1938

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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 #72018714)

Price History

Date / Event Date Event Price
Sep 30, 2016 Sold
Premium
Sold
Jun 7, 2016 Listed by Gilmore Realty $569,900
Listed by Gilmore Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 960
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,920
  • Gross Building Area: 4,206
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000590
  • 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: 416102

Zoning

  • Zoning: RAA

Geography

  • Parcel: MILT M:A B:003 L:3
  • Block: 3
  • Lot: 3
  • Municipality: MILTON
  • Latitude: 42.2324
  • Longitude: -71.1123

    Address

  • Full Address: 2 Dollar Ln
  • Address - House Number: 2
  • Address - Street Name: Dollar
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Milton
  • Carrier Code: C030
  • 4-Digit Zip Code: 2341
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $907,300

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 81
  • Final Value: 935,931
  • High Value: 1,079,070
  • Low Value: 792,792

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $830,900
  • Assessed Land Value: $475,000
  • Assessed Improvements Value: $355,900

    Sales

  • Current Sale Recording Date: Sep 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 100770
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:

$1,100,000

Sale Price/ft²

$522

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3246 ft²

Average Home Age

70.2 years

Currently For Sale

46 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 1201 River St, Other, MA, 02136

$1,530 /mo

  • 1 Bed
  • 1 Bath
1201 River St, Other, MA, 02136 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# 72018714

Frequently Asked Questions

When was property at 2 Dollar Lane built and last sold?
The property at 2 Dollar Lane was built in 1938 and last sold on Jan 1, 1970 for $555,000.
How much is this home worth?
The estimated value of the home located at 2 Dollar Lane is $596,490.
What are some comparable homes to 2 Dollar Lane?
There are currently no comparable homes to 2 Dollar Lane.
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