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Milton 02186
481 Central Ave
Photo of 481 Central Ave
Sold on Apr 18, 2006

1

Map

$390,000
● House - Off Market

481 Central Ave

Milton, MA 02186
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,889 Ft²
$715,189
RealtyHop Estimate
79.25%
Since May 1, 2006
MA-Boston
Primary Model

About This Property

Great N.E. colonial ofering livngrm,extra large dingrm perfect for entertaining, 1st flr family rm w/ wall of built-ins & picture window, efficient kitchen w/ sliders to deck, ideal for spring/summer outdoor gatherings,2 spacious bedrms & full bath, plus a private master suite w/ cathedral ceilings,skylights,double closets & full tile bath.All,on a fenced-in corner lot w/ mature plantings & fruit trees and within walking distance to public transportation, shops, parks, tennis & public library.
Unit Size
1,889 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$211
Property Type
House
Property Taxes
$351
HOA Dues
-
Year Built
1872

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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 #70324871)

Price History

Date / Event Date Event Price
Apr 18, 2006 Sold
Premium
Sold
Feb 1, 2006 Listed $399,000
Listed
Sep 12, 1997 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1872
  • Effective Year Built: 1872
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 1
  • 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: 883
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,843
  • Total Building Area: 1,889
  • Gross Building Area: 3,469
  • Building Area: 1,889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,889
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000157
  • 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:D B:037 L:13
  • Block: 37
  • Lot: 13
  • Municipality: MILTON
  • Latitude: 42.2568
  • Longitude: -71.0843

    Address

  • Full Address: 481 Central Ave
  • Address - House Number: 481
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Milton
  • Carrier Code: C016
  • 4-Digit Zip Code: 3236
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $788,300

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 967,759
  • High Value: 1,181,172
  • Low Value: 754,346

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $721,900
  • Assessed Land Value: $355,100
  • Assessed Improvements Value: $366,800

    Sales

  • Current Sale Recording Date: Apr 18, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 12, 1997
  • Previous Sale Amount: $188,000
  • Previous Sale Document Type: 27
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# 70324871

Frequently Asked Questions

When was property at 481 Central Avenue built and last sold?
The property at 481 Central Avenue was built in 1872 and last sold on Jan 1, 1970 for $399,000.
How much is this home worth?
The estimated value of the home located at 481 Central Avenue is $437,609.
What are some comparable homes to 481 Central Avenue?
There are currently no comparable homes to 481 Central Avenue.
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