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Wilmington 01887
8 Cochrane Rd
$475,000
● House - Off Market

8 Cochrane Rd

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,240 Ft²
$699,649
RealtyHop Estimate
43.08%
Since Oct 1, 2019
MA-Boston
Primary Model

About This Property

This 4 Bedroom Colonial located on a quiet street in Boutwell area of Wilmington is one worth seeing!  Home features a large eat in kitchen with vaulted ceiling and slider to outside deck.  Fully fenced yard with in-ground pool on almost a 1/2 acre lot that's perfect for summer parties with friends and family.  Updated 4 bedroom Septic installed 2017!  With some updates and your personal touches the possibilities are endless!  Conveniently located near major routes and highways as well as the commuter rail station.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$218
Property Type
House
Property Taxes
$573
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 #72500919)

Price History

Date / Event Date Event Price
Nov 15, 2021 Sold
Premium
Sold
Oct 6, 2021 Listed by Coldwell Banker Residential Brokerage - Haverhill $635,000
Listed by Coldwell Banker Residential Brokerage - Haverhill
Sep 3, 2019 Sold
Premium
Sold
May 15, 2019 Listed by Coldwell Banker Residential Brokerage - Haverhill $489,000
Listed by Coldwell Banker Residential Brokerage - Haverhill

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 7
  • 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: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,212
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 2,212
  • Gross Building Area: 4,132
  • Building Area: 2,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,212
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000460
  • 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:0008 L:0000 P:0046
  • Municipality: WILMINGTON
  • Latitude: 42.5464
  • Longitude: -71.1989

    Address

  • Full Address: 8 Cochrane Rd
  • Address - House Number: 8
  • Address - Street Name: Cochrane
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R010
  • 4-Digit Zip Code: 2841
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $754,700

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 777,964
  • High Value: 913,924
  • Low Value: 642,005

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $632,100
  • Assessed Land Value: $252,800
  • Assessed Improvements Value: $379,300

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 313948
  • Previous Sale Recording Date: Sep 03, 2019
  • Previous Sale Contract Date: Aug 06, 2019
  • Previous Sale Amount: $475,000
  • 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

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# 72500919

Frequently Asked Questions

When was property at 8 Cochrane Road built and last sold?
The property at 8 Cochrane Road was built in 1958 and last sold on Nov 15, 2021 for $675,000.
How much is this home worth?
The estimated value of the home located at 8 Cochrane Road is $666,665.
What are some comparable homes to 8 Cochrane Road?
There are currently no comparable homes to 8 Cochrane Road.
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