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Wilmington 01887
4 Mcdonald Rd
$590,000
● House - Off Market

4 Mcdonald Rd

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,600 Ft²
$645,031
RealtyHop Estimate
7.52%
Since Jan 1, 2023
MA-Boston
Primary Model

About This Property

This oversized traditional ranch has a beautiful two-story addition that includes a front to back family room, oversized 30' master bedroom with cathedral ceiling, lower-level playroom and a full bath with jet tub!  The main home features an expansive kitchen with eating area, large living room with fireplace, and three additional bedrooms with hardwood and a full bath! This addition can be used for extended family or guests that come stay.  Completely fenced in yard.  On town sewer and town water.  Ideal location, minutes to MBTA train and Route 93!
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$231
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1985

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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: 6 months ago (MLSPIN #73044104)

Price History

Date / Event Date Event Price
Dec 13, 2022 Sold
Premium
Sold
Nov 3, 2022 In contract -
In contract
Oct 24, 2022 Price Decreased $599,900
↓ $10K (1.6%)
Price Decreased
Oct 18, 2022 Price Increased $609,900
↑ $10K (1.7%)
Price Increased
Oct 4, 2022 Listed by RE/MAX Encore $599,900
Listed by RE/MAX Encore
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,056
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,312
  • Gross Building Area: 3,388
  • Building Area: 2,312
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,312
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • 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:0084 L:0000 P:0034A
  • Municipality: WILMINGTON
  • Latitude: 42.5771
  • Longitude: -71.1785

    Address

  • Full Address: 4 Mcdonald Rd
  • Address - House Number: 4
  • Address - Street Name: Mcdonald
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R004
  • 4-Digit Zip Code: 3807
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $747,800

    Appraisal Valuation

  • Standard Deviation: 0.1749
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 758,913
  • High Value: 891,677
  • Low Value: 626,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $626,300
  • Assessed Land Value: $249,000
  • Assessed Improvements Value: $377,300

    Sales

  • Current Sale Contract Date: Dec 13, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 50432
  • Previous Sale Recording Date: Jun 08, 1995
  • Previous Sale Amount: $146,000
  • 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

$427

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1906 ft²

Average Home Age

48.7 years

Currently For Sale

36 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: 6 months ago
Data Source: MLS PIN, MLS# 73044104

Frequently Asked Questions

When was property at 4 McDonald Road built and last sold?
The property at 4 McDonald Road was built in 1985 and last sold on Dec 13, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 4 McDonald Road is $629,622.
What are some comparable homes to 4 McDonald Road?
There are currently no comparable homes to 4 McDonald Road.
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