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Wilmington 01887
9 Lorin Drive
$490,000
● House - Off Market

9 Lorin Drive

Wilmington, MA 01887
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,274 Ft²
$1,062,491
RealtyHop Estimate
112.54%
Since May 1, 2012
MA-Boston
Primary Model

About This Property

Secluded setting for fabulous Colonial on gorgeous lot framed with stone walls and gardens.  Many nice feat: nat wdwk, hw flrs, French doors, 30' gourmet kitchen.  Walk-out LL has FR with wdstove, wet bar and 1/2 bath.  Direct access from 2-car garage. Walk-up attic has extra room plus huge area for storage. This is a wonderfully warm and inviting home that is perfect for entertaining.  Peaceful and tranquil on quiet cul-de-sac---the perfect sanctuary to come home to! This is truly unique!
Unit Size
2,274 Ft²
Days on Market
-
Land Size
0.88 acres
Price per sqft
$220
Property Type
House
Property Taxes
$470
HOA Dues
-
Year Built
1986

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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: 5 months ago (MLSPIN #71235963)

Price History

Date / Event Date Event Price
Apr 13, 2012 Sold
Premium
Sold
May 19, 2011 Listed by RE/MAX Prestige $499,900
Listed by RE/MAX Prestige
May 8, 2002 Sold
Premium
Sold
Oct 10, 2001 Listed by RE/MAX Prestige $469,900
Listed by RE/MAX Prestige

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • 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: 18
  • 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: 672
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,333
  • Total Building Area: 2,273
  • Gross Building Area: 4,832
  • Building Area: 2,273
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,273
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: QUARRY HILL
  • Land Acres: 0000000880
  • 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:0007 L:0000 P:0070C
  • Municipality: WILMINGTON
  • Latitude: 42.542
  • Longitude: -71.1936

    Address

  • Full Address: 9 Lorin Dr
  • Address - House Number: 9
  • Address - Street Name: Lorin
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Wilmington
  • Carrier Code: R006
  • 4-Digit Zip Code: 2898
  • Zip Code: 01887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $917,100

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 949,795
  • High Value: 1,117,222
  • Low Value: 782,368

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768,100
  • Assessed Land Value: $310,400
  • Assessed Improvements Value: $457,700

    Sales

  • Current Sale Recording Date: Apr 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 00000001
  • Previous Sale Recording Date: May 08, 2002
  • Previous Sale Amount: $455,000
  • 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:

$699,000

Sale Price/ft²

$435

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1964 ft²

Average Home Age

41.4 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

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 71235963

Frequently Asked Questions

When was property at 9 Lorin Drive built and last sold?
The property at 9 Lorin Drive was built in 1986 and last sold on Jan 1, 1970 for $490,000.
How much is this home worth?
The estimated value of the home located at 9 Lorin Drive is $522,707.
What are some comparable homes to 9 Lorin Drive?
There are currently no comparable homes to 9 Lorin Drive.
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