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Milton 02186
78 Centre Lane
$689,000
● House - Off Market

78 Centre Lane

Milton, MA 02186
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,920 Ft²
$1,201,368
RealtyHop Estimate
74.14%
Since Jul 1, 2015
MA-Boston
Primary Model

About This Property

Perfect Home, Perfect Neighborhood within walking distance of Milton Academy, Milton's State of the Art Library and for Medical Professionals, walk to Milton Hospital. Just Move in and relax! This meticulously maintained Crosby Colonial features gleaming Hardwood Floors, Front to back Living Room with Fireplace, Dining Room with Built in China Cabinet, updated Kitchen, 1/2 Bath, Family Room with door to wonderful Screen Porch and access to Garage.  The Hardwood floors flows to the second Floor with a Front to Back Master with Walk in Closet, front bedroom with Walk up Attic, 3rd Bedroom (currently used as home office) is a walk thru to large 4th Bedroom.  Lower Level has a finished play room.  There is a separate Shed attached to the Garage for additional storage. Call for your private appointment.
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$359
Property Type
House
Property Taxes
$623
HOA Dues
-
Year Built
1951

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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 #71818786)

Price History

Date / Event Date Event Price
Jun 19, 2015 Sold
Premium
Sold
Apr 16, 2015 Listed by William Raveis R.E. & Home Services $689,900
Listed by William Raveis R.E. & Home Services

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • 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: 7
  • Basement Area: 638
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 2,590
  • Gross Building Area: 4,686
  • Building Area: 2,590
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,590
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • 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: 416101

Zoning

  • Zoning: RC

Geography

  • Parcel: MILT M:J B:018 L:4
  • Block: 18
  • Lot: 4
  • Municipality: MILTON
  • Latitude: 42.2531
  • Longitude: -71.0739

    Address

  • Full Address: 78 Centre Ln
  • Address - House Number: 78
  • Address - Street Name: Centre
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Milton
  • Carrier Code: C024
  • 4-Digit Zip Code: 3933
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,321,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 1,316,332
  • High Value: 1,540,555
  • Low Value: 1,092,108

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,209,900
  • Assessed Land Value: $536,400
  • Assessed Improvements Value: $673,500

    Sales

  • Current Sale Recording Date: Jun 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 55520
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

$522

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3330 ft²

Average Home Age

68 years

Currently For Sale

47 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

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 71818786

Frequently Asked Questions

When was property at 78 Centre Lane built and last sold?
The property at 78 Centre Lane was built in 1951 and last sold on Jan 1, 1970 for $689,000.
How much is this home worth?
The estimated value of the home located at 78 Centre Lane is $712,073.
What are some comparable homes to 78 Centre Lane?
There are currently no comparable homes to 78 Centre Lane.
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