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Wilmington 01887
2 Tacoma Drive
$420,000
● House - Off Market

2 Tacoma Drive

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,090 Ft²
$900,588
RealtyHop Estimate
104.73%
Since Sep 1, 2003
MA-Boston
Primary Model

About This Property

OVERSIZED SPLIT CAPE ON PRIVATE SET BACK LOT.  OPEN CONCEPT LIVING/DINING ROOM W/ HDWD FLOORS, GAS FIREPLACE, CERAMIC TILE, OAK CABINET KITCHEN.  1ST FLOOR DEN OR FORMAL DIN RM. FENCED YARD WITH 6 PERSON HOT TUB.  1 CAR GARAGE UNDER.
Unit Size
2,090 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$210
Property Type
House
Property Taxes
$350
HOA Dues
-
Year Built
1999

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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: 4 years ago (MLSPIN #30742696)

Price History

Date / Event Date Event Price
Sep 2, 2003 Sold
Premium
Sold
Jul 7, 2003 Listed by NORTHEAST REALTYPARTNERS $439,900
Listed by NORTHEAST REALTYPARTNERS
Mar 31, 2000 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • 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: 528
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 1,569
  • Gross Building Area: 2,778
  • Building Area: 1,569
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,569
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILMINGTON
  • Land Acres: 0000001030
  • 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:0068 L:0000 P:0036
  • Municipality: WILMINGTON
  • Latitude: 42.5689
  • Longitude: -71.1781

    Address

  • Full Address: 2 Tacoma Dr
  • Address - House Number: 2
  • Address - Street Name: Tacoma
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C005
  • 4-Digit Zip Code: 1978
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $804,800

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 817,681
  • High Value: 943,991
  • Low Value: 691,371

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $674,000
  • Assessed Land Value: $317,000
  • Assessed Improvements Value: $357,000

    Sales

  • Current Sale Recording Date: Sep 02, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 00218213
  • Previous Sale Recording Date: Mar 31, 2000
  • Previous Sale Amount: $299,900
  • Previous Sale Document Type: 48
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

$428

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1866 ft²

Average Home Age

48.9 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

Rentals Near You

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Last Updated: 4 years ago
Data Source: MLS PIN, MLS# 30742696

Frequently Asked Questions

When was property at 2 Tacoma Drive built and last sold?
The property at 2 Tacoma Drive was built in 1999 and last sold on Jan 1, 1970 for $420,000.
How much is this home worth?
The estimated value of the home located at 2 Tacoma Drive is $0.
What are some comparable homes to 2 Tacoma Drive?
There are currently no comparable homes to 2 Tacoma Drive.
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