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Milton 02186 Blue Hills Reservation
37 Spruce St
$755,000
● House - Off Market

37 Spruce St

Milton, MA 02186
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$746,871
RealtyHop Estimate
6.85%
Since Mar 1, 2022
MA-Boston
Primary Model

About This Property

Cunningham Park brick beauty located on pretty tree-lined street will catch your eye! Whether you are a first time buyer trying to get into Milton, empty nester or wanting to downsize, #37 Spruce will check a lot of the boxes. With an open layout and 1 floor living, the space is great and potential is endless. All convenient to public transportation, public schools and recreation at Cunningham Park; We pack a punch for location, condition and value!  Come take a look, I am sure you will agree!
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$538
Property Type
House
Property Taxes
$615
HOA Dues
-
Year Built
1952

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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 #72935720)

Price History

Date / Event Date Event Price
Feb 16, 2022 Sold
Premium
Sold
Jan 20, 2022 Listed by Coldwell Banker Realty - Milton $699,000
Listed by Coldwell Banker Realty - Milton

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 1,156
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,549
  • Total Building Area: 1,300
  • Gross Building Area: 2,754
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • 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: 416101

Zoning

  • Zoning: RC

Geography

  • Parcel: MILT M:I B:013 L:8
  • Block: 13
  • Lot: 8
  • Municipality: MILTON
  • Latitude: 42.2473
  • Longitude: -71.0605

    Address

  • Full Address: 37 Spruce St
  • Address - House Number: 37
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: MA
  • City Name: Milton
  • Carrier Code: C005
  • 4-Digit Zip Code: 4633
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $791,000
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 793,043
  • High Value: 930,288
  • Low Value: 655,798

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $724,400
  • Assessed Land Value: $487,300
  • Assessed Improvements Value: $237,100

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Feb 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1498213
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:

$874,950

Sale Price/ft²

$457

Below Asking

0.02%

Average Days on Market

54

Average Home Size

2831 ft²

Average Home Age

54.8 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 333 Ricciuti Dr., Quincy, MA, 02169

$4,139 /mo

  • 2 Beds
  • 2 Baths
  • 1,376 ft²
333 Ricciuti Dr. #2 Bedrooms H, Quincy, MA, 02169 Listing by Equity Residential

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 72935720

Frequently Asked Questions

When was property at 37 Spruce Street built and last sold?
The property at 37 Spruce Street was built in 1952 and last sold on Feb 16, 2022 for $755,000.
How much is this home worth?
The estimated value of the home located at 37 Spruce Street is $708,451.
What are some comparable homes to 37 Spruce Street?
There are currently no comparable homes to 37 Spruce Street.
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