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Wilmington 01887
5 Nelson Way
Photo of 5 Nelson Way
Sold on May 21, 2008

1

Map

$595,000
● House - Off Market

5 Nelson Way

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,091 Ft²
$1,183,425
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

Simply outstanding Young Colonial in Prime N. Wilmington Dev!  This meticulously maintained home features a gracious open floor plan, attached fp'd FR w/cathedral ceiling, gleaming HW floors, spacious dingrm, first floor office, & finished lower level. Stunning designer kitchen installed last year w/custom cherry cabinets, tile back splash, gorgeous granite counters, exquisite lighting & accent color & top of the line appliances. Lush rear yard w/party-sized deck. Mint best describes this home
Unit Size
3,091 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$194
Property Type
House
Property Taxes
$468
HOA Dues
-
Year Built
1997

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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 #70717727)

Price History

Date / Event Date Event Price
May 21, 2008 Sold
Premium
Sold
Feb 27, 2008 Listed $599,900
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • 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: 7
  • Basement Area: 873
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Total Building Area: 2,558
  • Gross Building Area: 4,331
  • Building Area: 2,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,558
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000580
  • 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: 331102

Geography

  • Parcel: WILM M:0087 L:0000 P:0004C
  • Municipality: WILMINGTON
  • Latitude: 42.5716
  • Longitude: -71.151

    Address

  • Full Address: 5 Nelson Way
  • Address - House Number: 5
  • Address - Street Name: Nelson
  • Address - Suffix Type: Way
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R002
  • 4-Digit Zip Code: 1485
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,020,600

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 1,030,003
  • High Value: 1,211,569
  • Low Value: 848,437

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $854,800
  • Assessed Land Value: $305,600
  • Assessed Improvements Value: $549,200

    Sales

  • Current Sale Recording Date: May 21, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00023639
  • Previous Sale Recording Date: May 08, 1997
  • Previous Sale Amount: $315,000
  • 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:

$699,000

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2006 ft²

Average Home Age

53.2 years

Currently For Sale

39 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: 5 months ago
Data Source: MLS PIN, MLS# 70717727

Frequently Asked Questions

When was property at 5 Nelson Way built and last sold?
The property at 5 Nelson Way was built in 1997 and last sold on Jan 1, 1970 for $595,000.
How much is this home worth?
The estimated value of the home located at 5 Nelson Way is $638,075.
What are some comparable homes to 5 Nelson Way?
There are currently no comparable homes to 5 Nelson Way.
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