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Wilmington 01887
14 Benson Rd
$465,000
● House - Off Market

14 Benson Rd

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,485 Ft²
$715,859
RealtyHop Estimate
49.36%
Since Jan 1, 2019
MA-Boston
Primary Model

About This Property

Opportunity knocks for this raised ranch home in Wilmington. Located in a quiet neighborhood with a large 1/2 acre lot and less then a mile from Silver lake.  Newer roof, newer windows and vinyl siding, all done in 2008. Featuring 3 good size bedrooms on top level and 1.5 baths.  Full bath on top level.  Lower level has 1/2 bath, a wood burning fireplace and a room that may be used as a flex room, media room, family or more! Hardwood flooring throughout top level, under carpets in some rooms.  Central A/C and heat.  Security system, including window and door sensors. Through kitchen/dining area, walk out through slider to maintenance free deck to a lovely, private backyard.  2 Sheds provide plenty of storage.   Close to Rte 93 and T- Station plus much more!  This is a 1 owner home.  More pics to come.
Unit Size
1,485 Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$323
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1969

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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: 5 months ago (MLSPIN #72408784)

Price History

Date / Event Date Event Price
Dec 31, 2018 Sold
Premium
Sold
Oct 11, 2018 Listed by AA Premier Properties, LLC $479,289
Listed by AA Premier Properties, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 690
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 1,002
  • Gross Building Area: 2,088
  • Building Area: 1,002
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,002
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Wilmington School District
  • School Tax School District: WILMINGTON SD
  • Census Tract: 331200

Geography

  • Parcel: WILM M:0035 L:0018 P:0118
  • Lot: 18
  • Municipality: WILMINGTON
  • Latitude: 42.5671
  • Longitude: -71.1988

    Address

  • Full Address: 14 Benson Rd
  • Address - House Number: 14
  • Address - Street Name: Benson
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C002
  • 4-Digit Zip Code: 1606
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $661,000

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 643,073
  • High Value: 755,571
  • Low Value: 530,574

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $553,600
  • Assessed Land Value: $284,600
  • Assessed Improvements Value: $269,000

    Sales

  • Current Sale Contract Date: Dec 21, 2018
  • Current Sale Recording Date: Dec 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 299137
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 Wilmington

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1964 ft²

Average Home Age

41.4 years

Currently For Sale

36 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 30 Four Seasons Drive, Hampstead, 01841

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,820 ft²
30 Four Seasons Drive #30, Hampstead, 01841

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72408784

Frequently Asked Questions

When was property at 14 Benson Road built and last sold?
The property at 14 Benson Road was built in 1969 and last sold on Dec 21, 2018 for $465,000.
How much is this home worth?
The estimated value of the home located at 14 Benson Road is $491,415.
What are some comparable homes to 14 Benson Road?
There are currently no comparable homes to 14 Benson Road.
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