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Wilmington 01887
7 Corey Avenue
Photo of 7 Corey Avenue
Sold on May 30, 2008

1

Map

$425,000
● House - Off Market

7 Corey Avenue

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,764 Ft²
$887,519
RealtyHop Estimate
97.27%
Since Jun 1, 2008
MA-Boston
Primary Model

About This Property

House is up and ready.  Hardwood floors throughout first floor, hardwood stairs, ceramic tile in all baths, central a/c, large kitchen with uprgraded cabinets and breakfast bar, walk up attic, walk out basement with sliders, all located in a great location close to all major routes and train station.  House can be complete and delivered any time.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008

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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: 6 months ago (MLSPIN #70741674)

Price History

Date / Event Date Event Price
May 30, 2008 Sold
Premium
Sold
Apr 10, 2008 Listed $449,900
Listed
Aug 27, 2007 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • 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: 19
  • 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: 384
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,764
  • Gross Building Area: 3,684
  • Building Area: 1,764
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,764
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDEPENDENT PARK
  • Land Acres: 0000000230
  • 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:0031 L:0000 P:0016
  • Municipality: WILMINGTON
  • Latitude: 42.5502
  • Longitude: -71.1812

    Address

  • Full Address: 7 Corey Ave
  • Address - House Number: 7
  • Address - Street Name: Corey
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C007
  • 4-Digit Zip Code: 3613
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $752,900

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 773,708
  • High Value: 899,509
  • Low Value: 647,906

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $630,600
  • Assessed Land Value: $247,700
  • Assessed Improvements Value: $382,900

    Sales

  • Current Sale Recording Date: May 30, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 00025099
  • Previous Sale Recording Date: Aug 27, 2007
  • Previous Sale Amount: $176,000
  • 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:

$699,450

Sale Price/ft²

$427

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1899 ft²

Average Home Age

46.3 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: 6 months ago
Data Source: MLS PIN, MLS# 70741674

Frequently Asked Questions

When was property at 7 Corey Avenue built and last sold?
The property at 7 Corey Avenue was built in 2008 and last sold on Jan 1, 1970 for $425,000.
How much is this home worth?
The estimated value of the home located at 7 Corey Avenue is $467,859.
What are some comparable homes to 7 Corey Avenue?
There are currently no comparable homes to 7 Corey Avenue.
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