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Milford 01757
271 Central St
$430,000
● House - Off Market

271 Central St

Milford, MA 01757
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,676 Ft²
$432,658
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

A wonderfully maintained home filled with county charm that is ready to be yours.  This home is well situated with two bedrooms, two bathrooms and two kitchens!  The second floor boasts a great space that can be used as an in-law apartment or as an extra cooking space during the holidays.  Two full bathrooms are sure to please everybody and the paved driveway leading to the two car garage will be sure to make the winter plowing so much easier.  The new owners will be sure to love the leased solar array that will be transferred upon completion of the sale to help with the electrical bills.
Unit Size
1,676 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$239
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1880

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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 #72922659)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold
Premium
Sold
Jan 5, 2022 Sold
Premium
Sold
Nov 23, 2021 Listed by The LUX Group $400,000
Listed by The LUX Group

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1884
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 31
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,054
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,529
  • Total Building Area: 1,676
  • Gross Building Area: 3,388
  • Building Area: 1,676
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000356
  • Standard Land Use Code: 1101
  • County Land Use Code: 104

Neighborhood

  • School District Name: Milford School District
  • School Tax School District: MILFORD SD
  • Census Tract: 744201

Zoning

  • Zoning: RB

Geography

  • Parcel: MILF M:47 B:000 L:78
  • Lot: 78
  • Municipality: MILFORD
  • Latitude: 42.1383
  • Longitude: -71.5071

    Address

  • Full Address: 271 Central St
  • Address - House Number: 271
  • Address - Street Name: Central
  • Address - Suffix Type: St
  • State: MA
  • City Name: Milford
  • Carrier Code: C023
  • 4-Digit Zip Code: 3497
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $591,700

    Appraisal Valuation

  • Standard Deviation: 0.261
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 368,919
  • High Value: 465,212
  • Low Value: 272,625

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $445,200
  • Assessed Land Value: $178,100
  • Assessed Improvements Value: $267,100

    Sales

  • Current Sale Contract Date: Jul 31, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 62874
  • Previous Sale Recording Date: Jan 05, 2022
  • Previous Sale Contract Date: Dec 29, 2021
  • Previous Sale Amount: $430,000
  • 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 Milford

Stats & Trends

Median Asking:

$545,000

Sale Price/ft²

$293

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1712 ft²

Average Home Age

64.6 years

Currently For Sale

40 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: 5 months ago
Data Source: MLS PIN, MLS# 72922659

Frequently Asked Questions

When was property at 271 Central Street built and last sold?
The property at 271 Central Street was built in 1880 and last sold on Jul 31, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 271 Central Street is $413,148.
What are some comparable homes to 271 Central Street?
There are currently no comparable homes to 271 Central Street.
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