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Wilmington 01887
246 Middlesex Ave
Photo of 246 Middlesex Ave
Sold on Aug 3, 2011

1

Map

$340,000
● House - Off Market

246 Middlesex Ave

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,000 Ft²
$746,305
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Picture perfect, describes this meticulously cared for property. Situated on a .6 acre corner lot and located close to public T and 93, this home boasts a new stunning custom kitchen with all the bells and whistles, Silestone counters, w-oven, cook top, ss appliances, pull out dble dishwasher and more. Newer updates include roof, furnace, central air and hard wood throughout..Builders take notice (see disclosure) this property comes with an extra lot of undeveloped land consisting of 3.46 acres.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$180
Property Type
House
Property Taxes
$323
HOA Dues
-
Year Built
1962

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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: 4 months ago (MLSPIN #71244243)

Price History

Date / Event Date Event Price
Aug 3, 2011 Sold
Premium
Sold
Jun 6, 2011 Listed by Coco, Early & Associates The Olivares and Molina Division $359,900
Listed by Coco, Early & Associates The Olivares and Molina Division
Feb 22, 2006 Sold
Premium
Sold
May 7, 1996 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 11
  • 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: 9
  • Basement Area: 680
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 1,337
  • Gross Building Area: 2,794
  • Building Area: 1,337
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,337
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIAL DRIVE
  • Land Acres: 0000000600
  • 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: 331101

Geography

  • Parcel: WILM M:0065 L:0003 P:0005B
  • Lot: 3
  • Municipality: WILMINGTON
  • Latitude: 42.5608
  • Longitude: -71.1617

    Address

  • Full Address: 246 Middlesex Ave
  • Address - House Number: 246
  • Address - Street Name: Middlesex
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R005
  • 4-Digit Zip Code: 2120
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $611,200

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 668,541
  • High Value: 785,494
  • Low Value: 551,587

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $511,900
  • Assessed Land Value: $237,300
  • Assessed Improvements Value: $274,600

    Sales

  • Current Sale Recording Date: Aug 03, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00000003
  • Previous Sale Recording Date: May 07, 1996
  • Previous Sale Amount: $100,000
  • 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:

$699,900

Sale Price/ft²

$430

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1917 ft²

Average Home Age

49.6 years

Currently For Sale

37 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 months ago
Data Source: MLS PIN, MLS# 71244243

Frequently Asked Questions

When was property at 246 Middlesex Avenue built and last sold?
The property at 246 Middlesex Avenue was built in 1962 and last sold on Jan 1, 1970 for $340,000.
How much is this home worth?
The estimated value of the home located at 246 Middlesex Avenue is $385,324.
What are some comparable homes to 246 Middlesex Avenue?
There are currently no comparable homes to 246 Middlesex Avenue.
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