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Milton 02186
224 Central Ave
$1,549,000
● House - Off Market

224 Central Ave

Milton, MA 02186
bedrooms
5 Beds
bathrooms
4 Baths
square feet
4,973 Ft²
$2,422,393
RealtyHop Estimate
56.38%
Since Dec 1, 2017
MA-Boston
Primary Model

About This Property

Dazzling turn of the Century Grand Dame located in prestigious Columbine locale. Tucked off the street, this one will sure to impress. From the welcoming foyer and soaring ceilings to the charm and detail of yesteryear with leaded glass built-ins and ornate woodwork, you will call this one home for years to come. Top notch renovation, with exquisite kitchen (marble, Thermador and custom cabinetry) and luxurious baths,  not thing has been missed including the new 3 car garage. All set on private lot convenient to the happenings in Central Square (restaurants, Bistros and gourmet coffeehouses), a stone's throw to Turners Pond and all Milton has to offer. A premier property!
Unit Size
4,973 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$311
Property Type
House
Property Taxes
$1,688
HOA Dues
-
Year Built
1890

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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: 5 months ago (MLSPIN #72206639)

Price History

Date / Event Date Event Price
Jul 29, 2021 Sold
Premium
Sold
May 18, 2021 Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. $1,825,000
Listed by Coldwell Banker Residential Brokerage - Milton - Adams St.
Nov 17, 2017 Sold
Premium
Sold
Aug 1, 2017 Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. $1,549,000
Listed by Coldwell Banker Residential Brokerage - Milton - Adams St.
Apr 24, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,394
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 31,415
  • Total Building Area: 4,973
  • Gross Building Area: 10,353
  • Building Area: 4,973
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,973
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000721
  • 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: 416300

Zoning

  • Zoning: RB

Geography

  • Parcel: MILT M:E B:017 L:1
  • Block: 17
  • Lot: 1
  • Municipality: MILTON
  • Latitude: 42.2637
  • Longitude: -71.0781

    Address

  • Full Address: 224 Central Ave
  • Address - House Number: 224
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Milton
  • Carrier Code: C008
  • 4-Digit Zip Code: 2827
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,328,600

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 2,188,029
  • High Value: 2,653,706
  • Low Value: 1,722,352

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,132,400
  • Assessed Land Value: $479,700
  • Assessed Improvements Value: $1,652,700

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 98865
  • Previous Sale Recording Date: Nov 17, 2017
  • Previous Sale Amount: $1,549,000
  • 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 Milton

Stats & Trends

Median Asking:

$1,095,000

Sale Price/ft²

$518

Below Asking

0.01%

Average Days on Market

54

Average Home Size

3050 ft²

Average Home Age

70.3 years

Currently For Sale

51 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

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72206639

Frequently Asked Questions

When was property at 224 Central Avenue built and last sold?
The property at 224 Central Avenue was built in 1890 and last sold on Jul 29, 2021 for $1,865,000.
How much is this home worth?
The estimated value of the home located at 224 Central Avenue is $1,821,098.
What are some comparable homes to 224 Central Avenue?
There are currently no comparable homes to 224 Central Avenue.
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