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Milton 02186
43 Lothrop Ave
$409,000
● House - Off Market

43 Lothrop Ave

Milton, MA 02186
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,462 Ft²
$710,094
RealtyHop Estimate
73.62%
Since Sep 1, 2015
MA-Boston
Primary Model

About This Property

PRICED TO MOVE.  WOW. Check out this recently renovated 3 Bedroom Colonial.  This property features 7 rooms that have been renovated from top to bottom with fresh, interior painting, gleaming hardwood floors throughout, spacious kitchen, office nook or a newborn playroom, outdoor space for summer grilling.  This home is convenient to schools, shopping, restaurants, parks, public transportation and is minutes from major highways.   Don't miss this opportunity to call this place home.
Unit Size
1,462 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$280
Property Type
House
Property Taxes
$361
HOA Dues
-
Year Built
1920

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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 #71848793)

Price History

Date / Event Date Event Price
Aug 25, 2015 Sold
Premium
Sold
Jun 1, 2015 Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. $409,000
Listed by Coldwell Banker Residential Brokerage - Milton - Adams St.
Sep 18, 2014 Sold
Premium
Sold
Aug 22, 2014 Listed by Coldwell Banker Residential Brokerage - Milton - Adams St. $319,000
Listed by Coldwell Banker Residential Brokerage - Milton - Adams St.

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 812
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,250
  • Total Building Area: 1,462
  • Gross Building Area: 3,056
  • Building Area: 1,462
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,462
  • 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:29
  • Block: 16
  • Lot: 29
  • Municipality: MILTON
  • Latitude: 42.2572
  • Longitude: -71.0944

    Address

  • Full Address: 43 Lothrop Ave
  • Address - House Number: 43
  • 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: $772,500

    Appraisal Valuation

  • Standard Deviation: 0.169
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 739,834
  • High Value: 864,906
  • Low Value: 614,763

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $707,400
  • Assessed Land Value: $231,600
  • Assessed Improvements Value: $475,800

    Sales

  • Current Sale Recording Date: Aug 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 83186
  • Previous Sale Recording Date: Sep 18, 2014
  • Previous Sale Amount: $295,000
  • 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:

$1,107,000

Sale Price/ft²

$521

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3026 ft²

Average Home Age

70.2 years

Currently For Sale

58 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: 5 months ago
Data Source: MLS PIN, MLS# 71848793

Frequently Asked Questions

When was property at 43 Lothrop Avenue built and last sold?
The property at 43 Lothrop Avenue was built in 1920 and last sold on Jan 1, 1970 for $409,000.
How much is this home worth?
The estimated value of the home located at 43 Lothrop Avenue is $428,556.
What are some comparable homes to 43 Lothrop Avenue?
There are currently no comparable homes to 43 Lothrop Avenue.
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