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Milford 01757
2 Paula Road
$255,000
● House - Off Market

2 Paula Road

Milford, MA 01757
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$445,086
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model

About This Property

Wonderfully maintained cape with many new updates: New roof: 2011; Generac Backup Generator (propane) with automatic transfer: 2013; Garage floor: 2014; Vinyl siding: 2015; Gutters: 2015; Refurbished ceilings: 2015; Garage door & electric opener: 2004. All that's left is cosmetic. Its your typical 1950's home with dark wood kitchen cabinets, laminate counters, but all in excellent shape. If you like paneling and wallpaper, you've got it here. But all that is easy to change.. its the structure that's important, and this home is very sound. You don't find them in this good of condition. Then there's the location, nice side street, but very good commuter location. Come on down and check it out.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$174
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1950

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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 #71820261)

Price History

Date / Event Date Event Price
Jun 10, 2015 Sold
Premium
Sold
Apr 19, 2015 Listed by Keller Williams Realty - Foxboro/North Attleboro $250,000
Listed by Keller Williams Realty - Foxboro/North Attleboro

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • 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: 720
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,300
  • Total Building Area: 1,440
  • Gross Building Area: 2,969
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000213
  • 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:35 B:000 L:108
  • Lot: 108
  • Municipality: MILFORD
  • Latitude: 42.1563
  • Longitude: -71.533

    Address

  • Full Address: 2 Paula Rd
  • Address - House Number: 2
  • Address - Street Name: Paula
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Milford
  • Carrier Code: C014
  • 4-Digit Zip Code: 1835
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $495,500

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 460,671
  • High Value: 546,757
  • Low Value: 374,586

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $372,800
  • Assessed Land Value: $171,300
  • Assessed Improvements Value: $201,500

    Sales

  • Current Sale Recording Date: Jun 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53297
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 months ago
Data Source: MLS PIN, MLS# 71820261

Frequently Asked Questions

When was property at 2 Paula Road built and last sold?
The property at 2 Paula Road was built in 1950 and last sold on Jan 1, 1970 for $255,000.
How much is this home worth?
The estimated value of the home located at 2 Paula Road is $263,484.
What are some comparable homes to 2 Paula Road?
There are currently no comparable homes to 2 Paula Road.
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