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Millis-Clicquot 02054
55 Forest Rd
$415,000
● House - Off Market

55 Forest Rd

Millis, MA 02054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,954 Ft²
$635,060
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

One of Millis' favorite streets!  Absolutely adorable Cape with open floor plan. Close proximity to schools, center of town, library, shops and restaurants, and minutes to the commuter rail. Beautiful yard. Classic New England charm and a flexible floor plan for first floor living in this lovely Cape style home. Shiny wood floors, generous living room and lots of sunlight through out. Out of the box Family room with access to back deck overlooking lush back yard. Spacious formal Dining Room w/wood floors open to formal Living Room w/wood floors. 1 main level bedroom and full bath. Upstairs are 2 add'l bedrooms and full bath. Partially finished basement with abundant storage and a nice opportunity for further expansion. Enjoy summer nights on the deck and patio - great space for barbecuing and summer fun!
Unit Size
1,954 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$220
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1948

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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 #72338088)

Price History

Date / Event Date Event Price
Aug 24, 2018 Sold
Premium
Sold
Jun 1, 2018 Listed by Northeast Signature Properties, LLC $429,000
Listed by Northeast Signature Properties, LLC
May 27, 2005 Sold
Premium
Sold
Mar 12, 2005 Listed by Northeast Signature Properties, LLC $415,000
Listed by Northeast Signature Properties, LLC

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 1,754
  • Gross Building Area: 2,956
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Millis School District
  • School Tax School District: MILLIS SD
  • Census Tract: 407102

Geography

  • Parcel: MILL M:036 B:0000010
  • Block: 10
  • Municipality: MILLIS
  • Latitude: 42.1621
  • Longitude: -71.3485

    Address

  • Full Address: 55 Forest Rd
  • Address - House Number: 55
  • Address - Street Name: Forest
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Millis
  • Carrier Code: C001
  • 4-Digit Zip Code: 1503
  • Zip Code: 02054

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $794,600

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 603,679
  • High Value: 731,746
  • Low Value: 475,612

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $483,900
  • Assessed Land Value: $227,500
  • Assessed Improvements Value: $256,400

    Sales

  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1407212
  • Previous Sale Recording Date: May 27, 2005
  • Previous Sale Amount: $402,500
  • Previous Sale Document Type: 48
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 Millis-Clicquot

Stats & Trends

Median Asking:

$617,000

Sale Price/ft²

$352

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2235 ft²

Average Home Age

67.8 years

Currently For Sale

10 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

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72338088

Frequently Asked Questions

When was property at 55 Forest Road built and last sold?
The property at 55 Forest Road was built in 1948 and last sold on Jan 1, 1970 for $415,000.
How much is this home worth?
The estimated value of the home located at 55 Forest Road is $443,560.
What are some comparable homes to 55 Forest Road?
There are currently no comparable homes to 55 Forest Road.
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