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Wilmington 01887
2 Ash St
$460,000
● House - Off Market

2 Ash St

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$1,009,035
RealtyHop Estimate
119.36%
Since Mar 1, 2012
MA-Boston
Primary Model

About This Property

This uniquely custom designed 4 bedroom multi-level home is located on a quiet dead end and yet is only minutes from I-93. This home built in 1992 offers a master bedroom with a MB with both a shower and tub. Additional features include a 3 car heated garage, 6 zone heating, 3.5 baths, finished basement, C/A and patio off the family room. This home is prices to sell below both the assessed and recently appraised values.  All Offers Must be Accompanied by a Pre Approved Letter.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$184
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1992

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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 #71323804)

Price History

Date / Event Date Event Price
Feb 28, 2012 Sold
Premium
Sold
Jan 4, 2012 Listed by Passini Realty $459,999
Listed by Passini Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • 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: 1,408
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,112
  • Gross Building Area: 4,684
  • Building Area: 2,112
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,112
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLAN 26844-F
  • Land Acres: 0000000570
  • 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:0049 L:0000 P:0039A
  • Municipality: WILMINGTON
  • Latitude: 42.5438
  • Longitude: -71.1523

    Address

  • Full Address: 2 Ash St
  • Address - House Number: 2
  • Address - Street Name: Ash
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C001
  • 4-Digit Zip Code: 2979
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $902,100

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 902,143
  • High Value: 1,061,170
  • Low Value: 743,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $755,500
  • Assessed Land Value: $261,100
  • Assessed Improvements Value: $494,400

    Sales

  • Current Sale Recording Date: Feb 28, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000026
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:

$699,900

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1954 ft²

Average Home Age

46.1 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# 71323804

Frequently Asked Questions

When was property at 2 Ash Street built and last sold?
The property at 2 Ash Street was built in 1992 and last sold on Jan 1, 1970 for $460,000.
How much is this home worth?
The estimated value of the home located at 2 Ash Street is $494,502.
What are some comparable homes to 2 Ash Street?
There are currently no comparable homes to 2 Ash Street.
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