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Wilmington 01887
18 Freeport Drive
$455,000
● House - Off Market

18 Freeport Drive

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,084 Ft²
$890,063
RealtyHop Estimate
89.42%
Since Sep 1, 2013
MA-Boston
Primary Model

About This Property

What a beautiful home!  This lovely garrison colonial has been completely renovated.  The first floor offers a new cherry/ granite kitchen w/top of the line SS appliances, formal dining rm, formal living rm, family rm w/fireplace, (all w/new hardwood flooring), half bath,  plus an exquisite great room that must be seen!  (has its own heat and AC). The second level has 3 bedrooms, (all w/new neutral carpet), office,  and a new bath.  Full bsmt 12 x 25 deck, and  large, level lot. Location?
Unit Size
2,084 Ft²
Days on Market
-
Land Size
0.65 acres
Price per sqft
$225
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1976

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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 #71533323)

Price History

Date / Event Date Event Price
Aug 29, 2013 Sold
Premium
Sold
May 30, 2013 Listed by Wilson Wolfe Real Estate $469,900
Listed by Wilson Wolfe Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 816
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Total Building Area: 2,084
  • Gross Building Area: 3,300
  • Building Area: 2,084
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,084
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000650
  • 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: 331102

Geography

  • Parcel: WILM M:0100 L:0000 P:0626
  • Municipality: WILMINGTON
  • Latitude: 42.5744
  • Longitude: -71.1369

    Address

  • Full Address: 18 Freeport Dr
  • Address - House Number: 18
  • Address - Street Name: Freeport
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R003
  • 4-Digit Zip Code: 1502
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $753,700

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 796,687
  • High Value: 935,919
  • Low Value: 657,455

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $631,200
  • Assessed Land Value: $283,400
  • Assessed Improvements Value: $347,800

    Sales

  • Current Sale Recording Date: Aug 29, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000004
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

$431

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1939 ft²

Average Home Age

41.5 years

Currently For Sale

39 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71533323

Frequently Asked Questions

When was property at 18 Freeport Drive built and last sold?
The property at 18 Freeport Drive was built in 1976 and last sold on Jan 1, 1970 for $455,000.
How much is this home worth?
The estimated value of the home located at 18 Freeport Drive is $496,853.
What are some comparable homes to 18 Freeport Drive?
There are currently no comparable homes to 18 Freeport Drive.
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