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Milton 02186
41 Lothrop Ave
$352,000
● House - Off Market

41 Lothrop Ave

Milton, MA 02186
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,300 Ft²
$664,046
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

If you're waiting for the perfect house priced under $350,000 on a side street, in impeccable condition, we have found your Shangri-La. It sparkles and we can promise it shines. Updated both inside and out this six room colonial sits on the top of the street. The oak floors and natural woodwork set the stage along with a wood burning fireplace. But we particularly fell in love with the mini screened in front porch thinking its just the spot for morning coffee. Don't let this slip by.......
Unit Size
1,300 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$268
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1925

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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: 4 months ago (MLSPIN #71540417)

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold
Premium
Sold
Mar 24, 2021 Listed by Cahill Properties - RE/MAX Landmark $649,000
Listed by Cahill Properties - RE/MAX Landmark
Jul 31, 2013 Sold
Premium
Sold
Jun 12, 2013 Listed by Cahill Properties - RE/MAX Landmark $349,000
Listed by Cahill Properties - RE/MAX Landmark
Jun 12, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 650
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,250
  • Total Building Area: 1,300
  • Gross Building Area: 2,157
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • 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: 0000000075
  • 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: 416200

Zoning

  • Zoning: RC

Geography

  • Parcel: MILT M:C B:016 L:28
  • Block: 16
  • Lot: 28
  • Municipality: MILTON
  • Latitude: 42.2574
  • Longitude: -71.0945

    Address

  • Full Address: 41 Lothrop Ave
  • Address - House Number: 41
  • Address - Street Name: Lothrop
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Milton
  • Carrier Code: C012
  • 4-Digit Zip Code: 1428
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $721,400

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 734,478
  • High Value: 859,030
  • Low Value: 609,926

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $660,600
  • Assessed Land Value: $231,600
  • Assessed Improvements Value: $429,000

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 56929
  • Previous Sale Recording Date: Jul 31, 2013
  • Previous Sale Amount: $352,000
  • 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:

$1,100,000

Sale Price/ft²

$521

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3169 ft²

Average Home Age

67 years

Currently For Sale

52 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: 4 months ago
Data Source: MLS PIN, MLS# 71540417

Frequently Asked Questions

When was property at 41 Lothrop Avenue built and last sold?
The property at 41 Lothrop Avenue was built in 1925 and last sold on Apr 30, 2021 for $710,000.
How much is this home worth?
The estimated value of the home located at 41 Lothrop Avenue is $651,025.
What are some comparable homes to 41 Lothrop Avenue?
There are currently no comparable homes to 41 Lothrop Avenue.
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