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Wilmington 01887
7 Kelley Road.
$794,900
● House - Off Market

7 Kelley Road.

Wilmington, MA 01887
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,622 Ft²
$1,104,449
RealtyHop Estimate
38.94%
Since Apr 1, 2020
MA-Boston
Primary Model

About This Property

Gracious living with open flair for both entertaining & day-to-day enjoyment! Quality construction throughout on a gorgeous lot!  Oversized gourmet kitchen with custom cabinetry, center island, quartz countertops, SS appliances, huge walk in pantry, formal dining room,  fireplace great room, first floor study all with gorgeous hardwood floors!   Second floor offers master bdrm suite with fireplace and private bath , featuring tiled shower and soaking tub, second floor laundry & full bath, enormous unfinished basement with full windows and walk out.....idea for finishing!!  Two car attached garage perfect for all of your excess storage, lawn mover, snow blower, etc!
Unit Size
2,622 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$303
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
2019

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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 #72608280)

Price History

Date / Event Date Event Price
Mar 17, 2020 Sold
Premium
Sold
Jan 15, 2020 Listed by RE/MAX Encore $794,900
Listed by RE/MAX Encore
Jan 29, 2019 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 1,120
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,356
  • Gross Building Area: 5,321
  • Building Area: 2,356
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • 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: 331102

Geography

  • Parcel: WILM M:0051 L:0000 P:0106
  • Municipality: WILMINGTON
  • Latitude: 42.5519
  • Longitude: -71.1624

    Address

  • Full Address: 7 Kelley Rd
  • Address - House Number: 7
  • Address - Street Name: Kelley
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: C003
  • 4-Digit Zip Code: 2448
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,050,500

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 1,062,817
  • High Value: 1,227,782
  • Low Value: 897,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $879,800
  • Assessed Land Value: $275,400
  • Assessed Improvements Value: $604,400

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 17, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 11569
  • Previous Sale Recording Date: Jan 29, 2019
  • Previous Sale Contract Date: Jan 29, 2019
  • Previous Sale Amount: $270,000
  • 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

$428

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1942 ft²

Average Home Age

51.6 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

Rentals Near You

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72608280

Frequently Asked Questions

When was property at 7 Kelley Road built and last sold?
The property at 7 Kelley Road was built in 2019 and last sold on Mar 13, 2020 for $794,900.
How much is this home worth?
The estimated value of the home located at 7 Kelley Road is $817,244.
What are some comparable homes to 7 Kelley Road?
There are currently no comparable homes to 7 Kelley Road.
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