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Wilmington 01887
7 Dobson Street
$300,000
● House - Off Market

7 Dobson Street

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,140 Ft²
$603,456
RealtyHop Estimate
108.16%
Since Jan 1, 2013
MA-Boston
Primary Model

About This Property

What a find! A renovated, 3 bedroom ranch on a quiet, dead-end street.  Brand-new 2011 custom kitchen with cherry cabinets, granite countertops and stainless steel appliances.  Large living room with picture window and wood fireplace.  New family room in lower level. Lower level has walk-out access to the backyard.  Deck overlooks professionally landscaped lawn with new irrigation system.  Roof replaced in 2003. Freshly painted interior.  Come see this great home!
Unit Size
1,140 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$254
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1958

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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: 6 months ago (MLSPIN #71437869)

Price History

Date / Event Date Event Price
Jun 28, 2021 Sold
Premium
Sold
Feb 18, 2021 Listed by Keller Williams Realty $499,900
Listed by Keller Williams Realty
Dec 10, 2012 Sold
Premium
Sold
Sep 20, 2012 Listed by Keller Williams Realty $289,900
Listed by Keller Williams Realty
Jul 1, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 912
  • Gross Building Area: 2,040
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 912
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER LAKE GARDENS
  • Land Acres: 0000000280
  • 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:0067 L:0000 P:0004
  • Municipality: WILMINGTON
  • Latitude: 42.5625
  • Longitude: -71.1761

    Address

  • Full Address: 7 Dobson St
  • Address - House Number: 7
  • Address - Street Name: Dobson
  • Address - Suffix Type: St
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C005
  • 4-Digit Zip Code: 1813
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576,100

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 586,507
  • High Value: 695,097
  • Low Value: 477,917

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,500
  • Assessed Land Value: $273,600
  • Assessed Improvements Value: $208,900

    Sales

  • Current Sale Contract Date: Jun 28, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 37918
  • Previous Sale Recording Date: Dec 10, 2012
  • Previous Sale Amount: $300,000
  • 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

$427

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1906 ft²

Average Home Age

48.7 years

Currently For Sale

36 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: 6 months ago
Data Source: MLS PIN, MLS# 71437869

Frequently Asked Questions

When was property at 7 Dobson Street built and last sold?
The property at 7 Dobson Street was built in 1958 and last sold on Jun 28, 2021 for $555,000.
How much is this home worth?
The estimated value of the home located at 7 Dobson Street is $497,710.
What are some comparable homes to 7 Dobson Street?
There are currently no comparable homes to 7 Dobson Street.
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