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Milford 01757
40 Princeton Dr.
$605,000
● House - Off Market

40 Princeton Dr.

Milford, MA 01757
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,930 Ft²
$3,364
Est. Monthly

About This Property

Step into this impeccably maintained 3 bed, 3 bath split-entry oasis nestled on a corner lot! Be greeted by the sun-drenched open living area featuring a charming fireplace, modern kitchen with a breakfast bar, dual sinks, tile backsplash, stainless steel appliances, and a dining nook leading to a grand deck. Explore further to find the luxurious master suite with a full spa-like bath, two additional  bedrooms, and another  full bath. The fully finished lower level boasts a spacious family room, a custom-built bar, a convenient full bath with laundry, ample storage, and direct garage access. Dive into summer in your secluded backyard retreat with a serene deck. Located just minutes from 495 and Milford's lively downtown with biking trails and eateries, this home offers the ultimate blend of comfort and convenience!
Unit Size
1,930 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$295
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1968

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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 #73230769)

Price History

Date / Event Date Event Price
Jun 21, 2024 Sold
Premium
Sold
Apr 30, 2024 Listed by Thrive Real Estate Specialists $570,000
Listed by Thrive Real Estate Specialists
Feb 13, 2023 Sold
Premium
Sold
Mar 8, 2021 Sold
Premium
Sold
Jan 27, 2021 Listed by Thrive Real Estate Specialists $399,900
Listed by Thrive Real Estate Specialists
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 42
  • Exterior Walls Type: 19
  • 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: 1,056
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,914
  • Total Building Area: 1,508
  • Gross Building Area: 2,416
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGEWOOD MILFORD
  • Land Acres: 0000000274
  • 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:36 B:016 L:61
  • Block: 16
  • Lot: 61
  • Municipality: MILFORD
  • Latitude: 42.1516
  • Longitude: -71.5415

    Address

  • Full Address: 40 Princeton Dr
  • Address - House Number: 40
  • Address - Street Name: Princeton
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Milford
  • Carrier Code: C012
  • 4-Digit Zip Code: 1848
  • Zip Code: 01757

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $677,100

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 437,270
  • High Value: 523,180
  • Low Value: 351,359

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $509,500
  • Assessed Land Value: $174,200
  • Assessed Improvements Value: $335,300

    Sales

  • Current Sale Contract Date: Jan 12, 2023
  • Current Sale Recording Date: Feb 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 12612
  • Previous Sale Recording Date: Mar 08, 2021
  • Previous Sale Contract Date: Mar 08, 2021
  • Previous Sale Amount: $462,000
  • 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:

$544,950

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1786 ft²

Average Home Age

58 years

Currently For Sale

45 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

Currently no nearby rentals
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73230769

Frequently Asked Questions

When was property at 40 Princeton Drive built and last sold?
The property at 40 Princeton Drive was built in 1968 and last sold on Jan 12, 2023 for $50,000.
How much is this home worth?
The estimated value of the home located at 40 Princeton Drive is $564,349.
What are some comparable homes to 40 Princeton Drive?
There are currently no comparable homes to 40 Princeton Drive.
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