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Milton 02186
89 Martin Rd
$980,000
● House - Off Market

89 Martin Rd

Milton, MA 02186
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,804 Ft²
$892,817
RealtyHop Estimate
-0.79%
Since Nov 1, 2023
MA-Boston
Primary Model

About This Property

Welcome to 89 Martin Rd- a gracious center entrance colonial with front to back fireplaced living room and attached 3 season porch. The dining room features a bay window and built-in china cabinet. Moving into the kitchen, you'll find granite counter tops, cherry cabinets and recessed lighting. First floor includes a half bath. Upstairs there is an office space and three bedrooms, one of which is front to back and includes multiple closets. The second floor full bath has a shower and separate tub. Outdoors you will find a peaceful setting with beautiful, landscaped grounds including a fishpond.
Unit Size
1,804 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$499
Property Type
House
Property Taxes
$851
HOA Dues
-
Year Built
1939

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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 #73152968)

Price History

Date / Event Date Event Price
Nov 1, 2023 Sold
Premium
Sold
Sep 20, 2023 In contract -
In contract
Sep 12, 2023 Listed by Barrett Sotheby's International Realty $899,900
Listed by Barrett Sotheby's International Realty
Apr 18, 1986 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 844
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,684
  • Total Building Area: 1,676
  • Gross Building Area: 2,876
  • Building Area: 1,676
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 1,676
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • 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:003 L:20
  • Block: 3
  • Lot: 20
  • Municipality: MILTON
  • Latitude: 42.2478
  • Longitude: -71.0756

    Address

  • Full Address: 89 Martin Rd
  • Address - House Number: 89
  • Address - Street Name: Martin
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Milton
  • Carrier Code: C027
  • 4-Digit Zip Code: 4419
  • Zip Code: 02186

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $1,060,300
  • Initial Tax Delinquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 982,317
  • High Value: 1,150,671
  • Low Value: 813,962

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $971,000
  • Assessed Land Value: $487,500
  • Assessed Improvements Value: $483,500

    Sales

  • Current Sale Contract Date: Oct 31, 2023
  • Current Sale Recording Date: Nov 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1528498
  • Previous Sale Recording Date: Apr 18, 1986
  • Previous Sale Amount: $208,000
  • 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

$522

Below Asking

0.01%

Average Days on Market

56

Average Home Size

3201 ft²

Average Home Age

67.1 years

Currently For Sale

51 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# 73152968

Frequently Asked Questions

When was property at 89 Martin Road built and last sold?
The property at 89 Martin Road was built in 1939 and last sold on Oct 31, 2023 for $980,000.
How much is this home worth?
The estimated value of the home located at 89 Martin Road is $924,035.
What are some comparable homes to 89 Martin Road?
There are currently no comparable homes to 89 Martin Road.
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