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Wilmington 01887
42 Towpath Dr
Photo of 42 Towpath Dr
Sold on Aug 30, 2011

1

Map

$519,000
● House - Off Market

42 Towpath Dr

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,052 Ft²
$1,088,456
RealtyHop Estimate
107.36%
Since Sep 1, 2011
MA-Boston
Primary Model

About This Property

Great subdivision set back off street, minutes to commuter rail.  8 room 4 bedroom Colonial.  Property features a cherry kitchen with granite counter tops and stainless appliances.  Hardwood floors on 1st level, a large family room with fireplace and a dining room with bow window over looking the wooded yard.  Separate fenced play area great for kids or dogs.  A huge walk-up attic offers future expansion possibilities.  2 car garage under and parking for 6 vehicles
Unit Size
2,052 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$256
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1988

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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: 2 months ago (MLSPIN #71231696)

Price History

Date / Event Date Event Price
Jun 15, 2020 Sold
Premium
Sold
Apr 14, 2020 Listed by NORTHEAST REALTYPARTNERS $669,900
Listed by NORTHEAST REALTYPARTNERS
Aug 31, 2011 Sold
Premium
Sold
May 11, 2011 Listed by NORTHEAST REALTYPARTNERS $524,900
Listed by NORTHEAST REALTYPARTNERS
Dec 15, 2005 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

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: 442
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,026
  • Total Building Area: 2,052
  • Gross Building Area: 4,152
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEDEL ESTATES
  • Land Acres: 0000000850
  • 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:0042
  • Municipality: WILMINGTON
  • Latitude: 42.5393
  • Longitude: -71.1757

    Address

  • Full Address: 42 Towpath Dr
  • Address - House Number: 42
  • Address - Street Name: Towpath
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R006
  • 4-Digit Zip Code: 3923
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $943,500

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 915,664
  • High Value: 1,076,928
  • Low Value: 754,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $790,200
  • Assessed Land Value: $322,800
  • Assessed Improvements Value: $467,400

    Sales

  • Current Sale Contract Date: Jun 08, 2020
  • Current Sale Recording Date: Jun 15, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 25972
  • Previous Sale Recording Date: Aug 31, 2011
  • Previous Sale Amount: $519,000
  • 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

$432

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2129 ft²

Average Home Age

39.5 years

Currently For Sale

35 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: 2 months ago
Data Source: MLS PIN, MLS# 71231696

Frequently Asked Questions

When was property at 42 Towpath Drive built and last sold?
The property at 42 Towpath Drive was built in 1988 and last sold on Jun 8, 2020 for $680,000.
How much is this home worth?
The estimated value of the home located at 42 Towpath Drive is $677,515.
What are some comparable homes to 42 Towpath Drive?
There are currently no comparable homes to 42 Towpath Drive.
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