37 Mingo St Milton — Photo 1 of 23
$899,000
Investment Analysis — 37 Mingo St
Milton, MA 02186
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02186 carries an estimated $2,560/mo in gross rent — about a 1.58% cap rate and $14,182/yr in estimated NOI at the $899,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
1
SqFt
1,064
Style
Single Family
Built
1947
Located in one of Milton's most desirable neighborhoods, the possibilities are endless with this cape style ranch on a level .48 acre lot. Just move in and take your time to design your dream expansion, or downsizers who aren't ready for condo living this is your chance! Dripping with charm, and meticulously maintained, you'll be enchanted by the cozy one level layout. A fireplaced living room with substantial built-ins is the heart of the home. Sip your morning coffee on the four season porch, a sunny sanctuary overlooking the expansive back yard. A cheery white cabinetry kitchen is both functional and inviting. Two spacious bedrooms including a serene master are nicely positioned. Stay within the footprint and double your square footage by finishing the wide open basement. A walkup attic also offers opportunity for storage or your vision. Centrally located, minutes to Route 128/95, I-93, hiking and recreation at the Blue Hills, the commuter rail, and Milton's brand new playground at Peverly Park. Make a visit to 37 Mingo and start dreaming how to make it your own.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 532 sq ft (the lesser of 900 sq ft or half the 1,064 sq ft principal dwelling). Lot size: 19,998 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Range • Disposal • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Park • Walk/Jog Trails • Highway Access • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstCloset/Cabinets - Custom Built, Flooring - Wall to Wall Carpet
Kitchen
Lvl FirstFlooring - Hardwood, Countertops - Stone/Granite/Solid
Primary Bedroom
Lvl FirstCloset, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl FirstListing Agent: Cahill+Co. Team
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73581153
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