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Wilmington 01887
4A Phillips Ave
$410,000
● House - Off Market

4A Phillips Ave

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,452 Ft²
$665,072
RealtyHop Estimate
58.39%
Since Jun 1, 2017
MA-Boston
Primary Model

About This Property

Welcome Home to this Tastefully Remodeled 3-Bedroom Raised Ranch in a Neighborhood setting. Kitchen and Baths have been updated with rich Maple Cabinetry and Granite. Other updates include Central Air, Hardwood Floors, Replacement Windows and Doors, High-efficiency Furnace and 40-year Architectural Roof. Spacious lower level Family Room provides ample space for Family Time. Rounding out the downstairs is a half bath, 3rd Bedroom, Laundry area and plenty of Storage. Walk out to a lovely, grassy Backyard space to Lounge and Play. Property is on Town Water and Sewer. Easy access to Silver Lake, Shopping, Schools, Town Library and Commuter Rail.
Unit Size
1,452 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$289
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1983

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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 years ago (MLSPIN #72140800)

Price History

Date / Event Date Event Price
May 31, 2017 Sold
Premium
Sold
Apr 5, 2017 Listed by Ribeiro - Desousa Associate $419,900
Listed by Ribeiro - Desousa Associate

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • 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: 8
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 976
  • Gross Building Area: 1,988
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 976
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • 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:0044 L:0000 P:0093A
  • Municipality: WILMINGTON
  • Latitude: 42.5595
  • Longitude: -71.1861

    Address

  • Full Address: 4a Phillips Ave
  • Address - House Number: 4a
  • Address - Street Name: Phillips
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C002
  • 4-Digit Zip Code: 2026
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $625,900

    Appraisal Valuation

  • Standard Deviation: 0.1695
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 78
  • Final Value: 646,859
  • High Value: 756,542
  • Low Value: 537,176

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $524,200
  • Assessed Land Value: $239,700
  • Assessed Improvements Value: $284,500

    Sales

  • Current Sale Recording Date: May 31, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 22284
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

$432

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1958 ft²

Average Home Age

46.6 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 years ago
Data Source: MLS PIN, MLS# 72140800

Frequently Asked Questions

When was property at 4A Phillips Avenue built and last sold?
The property at 4A Phillips Avenue was built in 1983 and last sold on Jan 1, 1970 for $410,000.
How much is this home worth?
The estimated value of the home located at 4A Phillips Avenue is $0.
What are some comparable homes to 4A Phillips Avenue?
There are currently no comparable homes to 4A Phillips Avenue.
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