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Wilmington 01887
6 Jere Rd
Photo of 6 Jere Rd
Sold on Jul 21, 2006

1

Map

$311,900
● House - Off Market

6 Jere Rd

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,430 Ft²
$563,260
RealtyHop Estimate
80.59%
Since Aug 1, 2006
MA-Boston
Primary Model

About This Property

FANTASTIC 3 Bedroom Ranch on a quiet street in a desirable area. Hardwood flooring and brick fireplace in Living Room. Finished Lower Level Family Room has a Wood/Coal Stove and a finished room for Office/Playroom, additional laundry area. Maintenance free vinyl siding, nice level lot, good size deck. Fenced yard and minutes to shopping and major highways. Don't Miss Out! This is the best deal in town! Open House~ Sunday~ MAY 21st from 11:30 - 1:30 p.m. Seller is offering $1,500 cash back!
Unit Size
1,430 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$218
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1955

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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 #70329353)

Price History

Date / Event Date Event Price
Jul 21, 2006 Sold
Premium
Sold
Feb 9, 2006 Listed $311,900
Listed
Jun 4, 1998 Sold
Premium
Sold

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • 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: 1,000
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,000
  • Gross Building Area: 2,232
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • 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:0036 L:0000 P:0016
  • Municipality: WILMINGTON
  • Latitude: 42.5696
  • Longitude: -71.212

    Address

  • Full Address: 6 Jere Rd
  • Address - House Number: 6
  • Address - Street Name: Jere
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C006
  • 4-Digit Zip Code: 1621
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $563,900

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 563,356
  • High Value: 667,659
  • Low Value: 459,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $472,300
  • Assessed Land Value: $260,700
  • Assessed Improvements Value: $211,600

    Sales

  • Current Sale Recording Date: Jul 21, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00040581
  • Previous Sale Recording Date: Jun 04, 1998
  • Previous Sale Amount: $164,300
  • 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

$431

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1986 ft²

Average Home Age

53.6 years

Currently For Sale

40 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# 70329353

Frequently Asked Questions

When was property at 6 Jere Road built and last sold?
The property at 6 Jere Road was built in 1955 and last sold on Jan 1, 1970 for $311,900.
How much is this home worth?
The estimated value of the home located at 6 Jere Road is $330,766.
What are some comparable homes to 6 Jere Road?
There are currently no comparable homes to 6 Jere Road.
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