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Wilmington 01887
40 Mill Road
Photo of 40 Mill Road
Sold on Oct 31, 2008

1

Map

$829,750
● House - Off Market

40 Mill Road

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,239 Ft²
$1,806,949
RealtyHop Estimate
106.51%
Since Nov 1, 2008
MA-Boston
Primary Model

About This Property

You will fall in love at first sight! This elegant stunning colonial has spared no expense on the upgrades, luxuries & amenities. The 2 story grand foyer w/ solid oak floor & staircase, a warm inviting open concept perfect for entertaining & a gourmet custom kitchen w/top of the line stainless appliances. The master suite features 9' tray ceiling, gas fireplace & oversized luxurious master bath. Enjoy relaxing on 600+' of trex decking overlooking conservation land and walking trails.
Unit Size
4,239 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$206
Property Type
House
Property Taxes
$729
HOA Dues
-
Year Built
2005

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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 months ago (MLSPIN #70741199)

Price History

Date / Event Date Event Price
Oct 31, 2008 Sold
Premium
Sold
Apr 9, 2008 Listed $875,000
Listed
Aug 18, 2005 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 7
  • Basement Area: 1,034
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 3,744
  • Gross Building Area: 7,087
  • Building Area: 3,744
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,744
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

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

Geography

  • Parcel: WILM M:0003 L:0000 P:0003H
  • Municipality: WILMINGTON
  • Latitude: 42.5267
  • Longitude: -71.1819

    Address

  • Full Address: 40 Mill Rd
  • Address - House Number: 40
  • Address - Street Name: Mill
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R006
  • 4-Digit Zip Code: 3316
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,278,700
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,473,709
  • High Value: 1,733,490
  • Low Value: 1,213,928

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,070,900
  • Assessed Land Value: $307,400
  • Assessed Improvements Value: $763,500

    Sales

  • Current Sale Recording Date: Oct 31, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00048339
  • Previous Sale Recording Date: Aug 18, 2005
  • Previous Sale Amount: $966,150
  • 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

$432

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2073 ft²

Average Home Age

41.1 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# 70741199

Frequently Asked Questions

When was property at 40 Mill Road built and last sold?
The property at 40 Mill Road was built in 2005 and last sold on Jan 1, 1970 for $829,750.
How much is this home worth?
The estimated value of the home located at 40 Mill Road is $920,579.
What are some comparable homes to 40 Mill Road?
There are currently no comparable homes to 40 Mill Road.
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