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Wilmington 01887
2 Aspen Drive
Photo of 2 Aspen Drive
Sold on Mar 23, 2007

1

Map

$504,000
● House - Off Market

2 Aspen Drive

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,552 Ft²
$1,000,221
RealtyHop Estimate
88.76%
Since Apr 1, 2007
MA-Boston
Primary Model

About This Property

LOVELY, SPACIOUS, CENTER ENTRANCE COLONIAL, ON CUL-DE-SAC LOCATION.  THIS HOME FEATURES A FIREPLACED FAMILY ROOM, 24X24 GREAT ROOM, AND 16X16 THREE-SEASON ROOM, PERFECT FOR THE LARGEST OF FAMILIES AND ENTERTAINING.  MASTER BEDROOM HAS FULL BATH, WALK-IN CLOSET, VAULTED CEILING AND SKYLIGHT! MANY EXTRAS...SECURITY SYSTEM, CENTRAL AIR CONDITIONING, SPRINKLER SYSTEM, 1ST FLOOR LAUNDRY, MAHOGANY DECK, STORAGE SHED WITH ELECTRICITY, AND MUCH MORE.
Unit Size
2,552 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$208
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1997

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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 #70415094)

Price History

Date / Event Date Event Price
Mar 23, 2007 Sold
Premium
Sold
Jun 29, 2006 Listed $529,900
Listed
Dec 19, 1997 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 9
  • Basement Area: 988
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,552
  • Gross Building Area: 4,628
  • Building Area: 2,552
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,552
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:0036 L:0000 P:0115E
  • Municipality: WILMINGTON
  • Latitude: 42.5701
  • Longitude: -71.2072

    Address

  • Full Address: 2 Aspen Dr
  • Address - House Number: 2
  • Address - Street Name: Aspen
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C006
  • 4-Digit Zip Code: 1674
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $922,400

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 937,419
  • High Value: 1,101,246
  • Low Value: 773,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $772,500
  • Assessed Land Value: $278,100
  • Assessed Improvements Value: $494,400

    Sales

  • Current Sale Recording Date: Mar 23, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00014426
  • Previous Sale Recording Date: Dec 19, 1997
  • Previous Sale Amount: $282,223
  • Previous Sale Document Type: 27
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

1958 ft²

Average Home Age

46.6 years

Currently For Sale

38 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# 70415094

Frequently Asked Questions

When was property at 2 Aspen Drive built and last sold?
The property at 2 Aspen Drive was built in 1997 and last sold on Jan 1, 1970 for $504,000.
How much is this home worth?
The estimated value of the home located at 2 Aspen Drive is $556,681.
What are some comparable homes to 2 Aspen Drive?
There are currently no comparable homes to 2 Aspen Drive.
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