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Wilmington 01887
2 Pineridge Rd
$442,000
● House - Off Market

2 Pineridge Rd

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,092 Ft²
$655,056
RealtyHop Estimate
42.43%
Since Dec 1, 2019
MA-Boston
Primary Model

About This Property

Commuters Dream!  Walk to trains from this 3 BR Split Entry in North Wilmington. One owner home.  New septic system just installed.  One car garage under.  Unfinished lower level to finish for more room.  Two fireplaces (LR and basement).  Hardwood floors in LR, DR and three bedrooms.  Shed for additional storage.  Homes are selling fast in this neighborhood.  Don't miss out.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$421
Property Type
House
Property Taxes
$434
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #72571422)

Price History

Date / Event Date Event Price
Nov 26, 2019 Sold
Premium
Sold
Sep 25, 2019 Listed by Donna Jean Wayman, Broker $459,900
Listed by Donna Jean Wayman, Broker
Jun 21, 1991 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 720
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,092
  • Gross Building Area: 2,340
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • 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:0088 L:0000 P:0058A
  • Municipality: WILMINGTON
  • Latitude: 42.5684
  • Longitude: -71.1556

    Address

  • Full Address: 2 Pineridge Rd
  • Address - House Number: 2
  • Address - Street Name: Pineridge
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R002
  • 4-Digit Zip Code: 1428
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $659,200

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 627,568
  • High Value: 743,760
  • Low Value: 511,376

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $552,100
  • Assessed Land Value: $272,500
  • Assessed Improvements Value: $279,600

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Nov 26, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 53199
  • Previous Sale Recording Date: Jun 21, 1991
  • Previous Sale Amount: $202,000
  • 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:

$699,450

Sale Price/ft²

$429

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1887 ft²

Average Home Age

48.3 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72571422

Frequently Asked Questions

When was property at 2 Pineridge Road built and last sold?
The property at 2 Pineridge Road was built in 1965 and last sold on Nov 26, 2019 for $442,000.
How much is this home worth?
The estimated value of the home located at 2 Pineridge Road is $463,927.
What are some comparable homes to 2 Pineridge Road?
There are currently no comparable homes to 2 Pineridge Road.
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