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Wilmington 01887
33 Towpath Dr
Photo of 33 Towpath Dr
Sold on Aug 3, 2009

1

Map

$517,000
● House - Off Market

33 Towpath Dr

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,360 Ft²
$1,079,853
RealtyHop Estimate
105.73%
Since Sep 1, 2009
MA-Boston
Primary Model

About This Property

Desireable Development of "Chestnut Estates" offers this spacious Colonial w/gorgeous landscaping boasting in-ground gunite pool, sod grass, & oversized deck with enclosed gazebo porch!  Custom kitchen freshly painted with granite counters, sliders to deck & first floor laundry, fireplace family room, formal dining room & living room, plus 4 spacious bedrooms.  Master bedroom is front-to-back with separate bath & walk in closet. This home is minutes to Routes. 93, 95, MBTA Boston Commuter rail
Unit Size
2,360 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$222
Property Type
House
Property Taxes
$487
HOA Dues
-
Year Built
1988

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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 #70917951)

Price History

Date / Event Date Event Price
Aug 4, 2009 Sold
Premium
Sold
May 13, 2009 Listed $524,900
Listed
May 2, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • 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: 18
  • 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: 560
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Total Building Area: 2,240
  • Gross Building Area: 3,680
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHESTNUT ESTATES
  • 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: 331300

Geography

  • Parcel: WILM M:0029 L:0000 P:0035
  • Municipality: WILMINGTON
  • Latitude: 42.5398
  • Longitude: -71.174

    Address

  • Full Address: 33 Towpath Dr
  • Address - House Number: 33
  • Address - Street Name: Towpath
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R006
  • 4-Digit Zip Code: 3917
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $949,000

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 990,061
  • High Value: 1,164,586
  • Low Value: 815,536

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $794,800
  • Assessed Land Value: $305,500
  • Assessed Improvements Value: $489,300

    Sales

  • Current Sale Recording Date: Aug 04, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00039840
  • Previous Sale Recording Date: May 02, 1988
  • Previous Sale Amount: $286,900
  • 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

$431

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1969 ft²

Average Home Age

54.8 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 70917951

Frequently Asked Questions

When was property at 33 Towpath Drive built and last sold?
The property at 33 Towpath Drive was built in 1988 and last sold on Jan 1, 1970 for $517,000.
How much is this home worth?
The estimated value of the home located at 33 Towpath Drive is $549,497.
What are some comparable homes to 33 Towpath Drive?
There are currently no comparable homes to 33 Towpath Drive.
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