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Milton 02186
42 School St
$535,000
● House - Off Market

42 School St

Milton, MA 02186
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,430 Ft²
$950,242
RealtyHop Estimate
76.00%
Since Feb 1, 2016
MA-Boston
Primary Model

About This Property

Buyer backed out due to financing.  House will not last long! This home is a rare find! It is an affordable home in one of Milton's hottest neighborhoods. This newly updated three bedroom home is walking distance to all the necessities; restaurants, trolley, coffee shops, Turners Pond, Milton Village, and has the beauty of a large, fenced-in, peaceful backyard. It is the best of both worlds! Enjoy the tranquility of Pine Tree Brook while experiencing the convenience of this vibrant neighborhood. Move in before the snow comes! Kitchen, bath, heat and roof 5 years young.  No showings till open house on Saturday.
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$378
Property Type
House
Property Taxes
$454
HOA Dues
-
Year Built
1949

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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 #71934006)

Price History

Date / Event Date Event Price
Jul 15, 2021 Sold
Premium
Sold
May 12, 2021 Listed by Traverse Real Estate, Inc. $749,000
Listed by Traverse Real Estate, Inc.
Jan 28, 2016 Sold
Premium
Sold
Nov 18, 2015 Listed by Traverse Real Estate, Inc. $539,900
Listed by Traverse Real Estate, Inc.
Jul 26, 2010 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 572
  • Garage Type: 7
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,080
  • Total Building Area: 1,144
  • Gross Building Area: 2,522
  • Building Area: 1,144
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,144
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000231
  • 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: 416300

Zoning

  • Zoning: RC

Geography

  • Parcel: MILT M:E B:021 L:24
  • Block: 21
  • Lot: 24
  • Municipality: MILTON
  • Latitude: 42.2668
  • Longitude: -71.074

    Address

  • Full Address: 42 School St
  • Address - House Number: 42
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: MA
  • City Name: Milton
  • Carrier Code: C026
  • 4-Digit Zip Code: 2911
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $864,600

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 863,141
  • High Value: 1,009,052
  • Low Value: 717,230

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $791,800
  • Assessed Land Value: $447,800
  • Assessed Improvements Value: $344,000

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 92240
  • Previous Sale Recording Date: Jan 28, 2016
  • Previous Sale Amount: $535,000
  • 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:

$1,090,000

Sale Price/ft²

$519

Below Asking

0.01%

Average Days on Market

54

Average Home Size

3258 ft²

Average Home Age

68.2 years

Currently For Sale

48 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

$2,835 /mo

  • 1 Bed
  • 1 Bath
  • 740 ft²
333 Ricciuti Dr. #1 Bedroom A, Quincy, MA, 02169 Listing by Equity Residential
Unit for rent at 125 Greenbrier St, Dorchester, 02124

$875 /mo

  • 4 Beds
  • 1 Bath
125 Greenbrier St, Dorchester, 02124 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 71934006

Frequently Asked Questions

When was property at 42 School Street built and last sold?
The property at 42 School Street was built in 1949 and last sold on Jul 15, 2021 for $865,000.
How much is this home worth?
The estimated value of the home located at 42 School Street is $756,482.
What are some comparable homes to 42 School Street?
There are currently no comparable homes to 42 School Street.
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