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Wilmington 01887
5 Roosevelt Rd
$375,000
● House - Off Market

5 Roosevelt Rd

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,424 Ft²
$667,504
RealtyHop Estimate
90.77%
Since Jan 1, 2014
MA-Boston
Primary Model

About This Property

Be in for the holidays! This 7 room split level sits on a picture perfect private half acre lot!  Spacious kitchen with half wall opens to bright and sunny dining area with oversized picture window and french doors leading to deck and backyard. Living room with bay window and three generous sized bedrooms all with hardwood floors. Large Lower Level family room with fireplace is great for entertaining or extended family.  Potential to finish more rooms in lower level. Vinyl siding, natural gas, plenty of closets and storage. Conveniently located near the Boutwell, West, and Wilmington Middle School. Also close to Rte. 62  and the train station. Open houses Thursday October 24 from 5 to 7pm, and Saturday October 26 from 1 to 3 pm. Don't miss out!
Unit Size
1,424 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$246
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1974

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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: 5 months ago (MLSPIN #71599772)

Price History

Date / Event Date Event Price
Dec 22, 2020 Sold
Premium
Sold
Sep 30, 2020 Listed by Realty World Advantage $750,000
Listed by Realty World Advantage
Dec 16, 2013 Sold
Premium
Sold
Oct 22, 2013 Listed by Realty World Advantage $349,900
Listed by Realty World Advantage
Jul 16, 2007 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 7
  • Basement Area: 1,605
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 1,644
  • Gross Building Area: 3,429
  • Building Area: 1,644
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,644
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAND WILMINGTON GARDENS
  • Land Acres: 0000000480
  • 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:0019 L:0000 P:0060
  • Municipality: WILMINGTON
  • Latitude: 42.5479
  • Longitude: -71.1944

    Address

  • Full Address: 5 Roosevelt Rd
  • Address - House Number: 5
  • Address - Street Name: Roosevelt
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R010
  • 4-Digit Zip Code: 2815
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $915,100

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 955,164
  • High Value: 1,104,411
  • Low Value: 805,918

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $766,400
  • Assessed Land Value: $279,500
  • Assessed Improvements Value: $486,900

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Dec 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 67104
  • Previous Sale Recording Date: Dec 16, 2013
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: 35
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

$430

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1954 ft²

Average Home Age

46.1 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

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: 5 months ago
Data Source: MLS PIN, MLS# 71599772

Frequently Asked Questions

When was property at 5 Roosevelt Road built and last sold?
The property at 5 Roosevelt Road was built in 1974 and last sold on Dec 22, 2020 for $755,000.
How much is this home worth?
The estimated value of the home located at 5 Roosevelt Road is $789,182.
What are some comparable homes to 5 Roosevelt Road?
There are currently no comparable homes to 5 Roosevelt Road.
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