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Milton 02186 Blue Hills Reservation
2 Martin Terrace
$467,500
● House - Off Market

2 Martin Terrace

Milton, MA 02186
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,582 Ft²
$747,474
RealtyHop Estimate
56.05%
Since Aug 1, 2017
MA-Boston
Primary Model

About This Property

Lovely turn-key home located at East Milton Square, 2 Martin Terrace is a move-in ready 3bed/2bath home. House offers classic moldings, fireplace, granite counter-top, updated windows, furnace, plumbing, electrical, younger roof and siding.  Close to President's Golf Course and the vibrant east Milton Square.  Great commuter location with easy access to public transportation and I93.
Unit Size
1,582 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$303
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1924

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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: 5 months ago (MLSPIN #72157364)

Price History

Date / Event Date Event Price
Jul 24, 2017 Sold
Premium
Sold
May 3, 2017 Listed by Presidential Homes Realty $479,000
Listed by Presidential Homes Realty
Jul 28, 2006 Sold
Premium
Sold
Mar 2, 2006 Listed by Presidential Homes Realty $399,000
Listed by Presidential Homes Realty
Apr 19, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 3
  • 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: 728
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,221
  • Total Building Area: 1,092
  • Gross Building Area: 2,304
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000097
  • 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: RC

Geography

  • Parcel: MILT M:H B:009 L:13
  • Block: 9
  • Lot: 13
  • Municipality: MILTON
  • Latitude: 42.2573
  • Longitude: -71.0415

    Address

  • Full Address: 2 Martin Ter
  • Address - House Number: 2
  • Address - Street Name: Martin
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Milton
  • Carrier Code: C040
  • 4-Digit Zip Code: 5411
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $637,600

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 633,733
  • High Value: 740,868
  • Low Value: 526,598

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $583,900
  • Assessed Land Value: $295,400
  • Assessed Improvements Value: $288,500

    Sales

  • Current Sale Recording Date: Jul 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 68042
  • Previous Sale Recording Date: Jul 28, 2006
  • Previous Sale Amount: $375,000
  • 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 Blue Hills Reservation

Stats & Trends

Median Asking:

$879,900

Sale Price/ft²

$451

Below Asking

0.02%

Average Days on Market

50

Average Home Size

2585 ft²

Average Home Age

56.3 years

Currently For Sale

13 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 175 Centre Street, Quincy, MA, 02169

$3,030 /mo

  • 2 Beds
  • 2 Baths
  • 1,081 ft²
175 Centre Street #Presidential, Quincy, MA, 02169 Listing by Equity Residential
Unit for rent at 333 Ricciuti Dr., Quincy, MA, 02169

$4,009 /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: 5 months ago
Data Source: MLS PIN, MLS# 72157364

Frequently Asked Questions

When was property at 2 Martin Terrace built and last sold?
The property at 2 Martin Terrace was built in 1924 and last sold on Jan 1, 1970 for $467,500.
How much is this home worth?
The estimated value of the home located at 2 Martin Terrace is $496,410.
What are some comparable homes to 2 Martin Terrace?
There are currently no comparable homes to 2 Martin Terrace.
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