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Wilmington 01887
7 Cushing Dr
$814,000
● House - Off Market

7 Cushing Dr

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
4,000 Ft²
$1,268,602
RealtyHop Estimate
56.64%
Since Jul 1, 2017
MA-Boston
Primary Model

About This Property

Offers due Tuesday May 9th at noon.  Cul-De-Sac location!  This quality built 4 bedroom, 4 bath colonial has custom kitchen cabinets, island with breakfast bar and granite countertops. Full walk-up attic  and a completely renovated basement with full wet bar and half bath. Front-to-back family room with gas fireplace and plenty of natural light. Hardwood floors, granite, stainless steel appliances, recessed lighting, ceramic tile and so much more! MBR w/custom walk-in closet, ensuite bath w/double sinks & oversized shower. Upgrades include fresh interior paint throughout,  private well with sprinkler system, security system with separate camera control, exterior lighting, new front walkway, sealed garage and completely fenced in yard with new swingset and more.
Unit Size
4,000 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$202
Property Type
House
Property Taxes
$874
HOA Dues
-
Year Built
2012

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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: 4 months ago (MLSPIN #72157227)

Price History

Date / Event Date Event Price
Jun 30, 2017 Sold
Premium
Sold
May 3, 2017 Listed by Keller Williams Realty $809,900
Listed by Keller Williams Realty
Jun 28, 2012 Sold
Premium
Sold
Apr 23, 2012 Listed by Keller Williams Realty $659,900
Listed by Keller Williams Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • 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: 9
  • Basement Area: 980
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 3,128
  • Gross Building Area: 6,424
  • Building Area: 3,128
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 3,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIKE TKACHUK
  • Land Acres: 0000000930
  • 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:0021 L:0000 P:0008D
  • Municipality: WILMINGTON
  • Latitude: 42.5588
  • Longitude: -71.1959

    Address

  • Full Address: 7 Cushing Dr
  • Address - House Number: 7
  • Address - Street Name: Cushing
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C006
  • 4-Digit Zip Code: 2045
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,158,400

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,220,886
  • High Value: 1,437,562
  • Low Value: 1,004,211

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $970,200
  • Assessed Land Value: $307,000
  • Assessed Improvements Value: $663,200

    Sales

  • Current Sale Recording Date: Jun 30, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 28053
  • Previous Sale Recording Date: Jun 28, 2012
  • Previous Sale Amount: $659,900
  • Previous Sale Document Type: O
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

$432

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2073 ft²

Average Home Age

41.1 years

Currently For Sale

37 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: 4 months ago
Data Source: MLS PIN, MLS# 72157227

Frequently Asked Questions

When was property at 7 Cushing Drive built and last sold?
The property at 7 Cushing Drive was built in 2012 and last sold on Jan 1, 1970 for $814,000.
How much is this home worth?
The estimated value of the home located at 7 Cushing Drive is $856,667.
What are some comparable homes to 7 Cushing Drive?
There are currently no comparable homes to 7 Cushing Drive.
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