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Milton 02186
8 Norway Road
$397,500
● House - Off Market

8 Norway Road

Milton, MA 02186
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,300 Ft²
$1,254,275
RealtyHop Estimate
195.12%
Since Jun 1, 2000
MA-Boston
Primary Model

About This Property

GRACIOUS AND ELEGANT COLONIAL,LG MASTER B.R. WITH BATH,F.P. IN DINING ROOM,HARWOOD THROUGHOUT,LARGE ROOMS, PRETTY FOYER WITH LOVELY STAIRCASE,DEN.SOME WORK NEEDED TO BRING BACK THIS GRANDE DAME BACK TO ITS TRUE BEAUTY.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$185
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1928

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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 years ago (MLSPIN #30393758)

Price History

Date / Event Date Event Price
Dec 4, 2020 Sold
Premium
Sold
Sep 29, 2020 Listed $1,149,000
Listed
May 25, 2000 Sold
Premium
Sold
Mar 17, 2000 Listed $425,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 1,440
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,339
  • Total Building Area: 2,740
  • Gross Building Area: 5,440
  • Building Area: 2,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,740
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000214
  • 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:037 L:9
  • Block: 37
  • Lot: 9
  • Municipality: MILTON
  • Latitude: 42.2662
  • Longitude: -71.0882

    Address

  • Full Address: 8 Norway Rd
  • Address - House Number: 8
  • Address - Street Name: Norway
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Milton
  • Carrier Code: C018
  • 4-Digit Zip Code: 1721
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,439,800

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 1,508,497
  • High Value: 1,765,453
  • Low Value: 1,251,540

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,318,500
  • Assessed Land Value: $490,700
  • Assessed Improvements Value: $827,800

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Dec 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 136663
  • Previous Sale Recording Date: May 25, 2000
  • Previous Sale Amount: $397,500
  • 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

$518

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2988 ft²

Average Home Age

70.9 years

Currently For Sale

54 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 50 Lithgow St, Dorchester, 02124

$2,850 /mo

  • 3 Beds
  • 1 Bath
50 Lithgow St, Dorchester, 02124 Listing by Inbound Real Estate

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30393758

Frequently Asked Questions

When was property at 8 Norway Road built and last sold?
The property at 8 Norway Road was built in 1928 and last sold on Nov 19, 2020 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 8 Norway Road is $0.
What are some comparable homes to 8 Norway Road?
There are currently no comparable homes to 8 Norway Road.
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