197 Blue Hills Pkwy Milton — Photo 1 of 23
$1,200,000
Investment Analysis — 197 Blue Hills Pkwy
Milton, MA 02186 — Blue Hills
Based on rent reported on the MLS listing, a 3-unit multi-family in 02186 carries $7,600/mo in gross rent — about a 4.88% cap rate and $58,542/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.
Beds
7
Baths
3
SqFt
2,860
Style
3 Family - 3 Units Up/Down
Built
1910
Open this weekend — Saturday, September 12, 12:00–2:00 p.m. and Sunday, September 13, 1:00–3:00 p.m. A rare three-family on Blue Hills Parkway, in the Milton Public Schools district, between the Neponset bike path and the Blue Hills Reservation. Mattapan Station, local buses, and the highway are a short hop; Tucker School is next door, Churchill’s is down the parkway, and trails and neighborhood parks are out the door. Three units: two 3-bedrooms and one 1-bedroom. The first floor is vacant and opens to a large lower level — a natural owner’s suite with room for extra bedrooms and a bath. Units 2 and 3 are occupied, so you can live on one floor and keep income on the others. Hard to find this much flexibility in Milton, this close to the reservation and the T. Come through Saturday or Sunday and see it for yourself.
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 MLS and other third-party data may be inaccurate or out of date.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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Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
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Property History
$1,200,000
Sep 9, 2026
MLS® 73574773
$1,299,000
Aug 14, 2024
MLS® 73252358
$1,299,000
Jun 13, 2024
MLS® 73252358
Listing Agent: Rogerio Rodriguez
Listing Office: Gibson Sotheby's International Realty
MLS® Number: 73574773
