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Milford 01757
3 Lee St
$285,000
● House - Off Market

3 Lee St

Milford, MA 01757
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,506 Ft²
$445,020
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model

About This Property

It is rare to see a MOVE-IN READY, 4 bedroom home with this much living space under $300K! Spread out in this sprawling home: it features two living rooms, plus a bonus room off the garage that could be used as a shop or rec room; two full bathrooms: one on each level. Hardwood floors throughout and vinyl replacement windows. Beautiful patio in the private, fenced-in backyard is perfect for summer BBQs. Storage is not an issue with the oversized garage, walkup attic, and three huge walk-in closets. Conveniently located within walking distance to downtown Milford, Milford hospital, and shopping. 10 minutes to I-495 and 16 min to the nearest Commuter Rail. You cannot just drive-by this house! Make an appointment to imagine the possibilities and fully appreciate the SPACE it offers!
Unit Size
2,506 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$116
Property Type
House
Property Taxes
$326
HOA Dues
-
Year Built
1900

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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: 6 months ago (MLSPIN #72283647)

Price History

Date / Event Date Event Price
Apr 17, 2018 Sold
Premium
Sold
Feb 20, 2018 Listed by Millennium Realty $290,000
Listed by Millennium Realty
Oct 29, 2010 Sold
Premium
Sold
May 18, 2010 Listed by Millennium Realty $200,000
Listed by Millennium Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • 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: 361
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,271
  • Total Building Area: 2,506
  • Gross Building Area: 3,533
  • Building Area: 2,506
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,506
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000121
  • 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: 744300

Zoning

  • Zoning: RA

Geography

  • Parcel: MILF M:49 B:000 L:123
  • Lot: 123
  • Municipality: MILFORD
  • Latitude: 42.1386
  • Longitude: -71.5305

    Address

  • Full Address: 3 Lee St
  • Address - House Number: 3
  • Address - Street Name: Lee
  • Address - Suffix Type: St
  • State: MA
  • City Name: Milford
  • Carrier Code: C013
  • 4-Digit Zip Code: 3013
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $570,100

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 476,251
  • High Value: 558,185
  • Low Value: 394,318

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $429,000
  • Assessed Land Value: $142,500
  • Assessed Improvements Value: $286,500

    Sales

  • Current Sale Recording Date: Apr 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 35570
  • Previous Sale Recording Date: Oct 29, 2010
  • Previous Sale Amount: $200,000
  • 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 Milford

Stats & Trends

Median Asking:

$541,950

Sale Price/ft²

$291

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1860 ft²

Average Home Age

65.3 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: 6 months ago
Data Source: MLS PIN, MLS# 72283647

Frequently Asked Questions

When was property at 3 Lee Street built and last sold?
The property at 3 Lee Street was built in 1900 and last sold on Jan 1, 1970 for $285,000.
How much is this home worth?
The estimated value of the home located at 3 Lee Street is $311,581.
What are some comparable homes to 3 Lee Street?
There are currently no comparable homes to 3 Lee Street.
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